The Bureau of Labor Statistics of the U.S. Department of Labor is the principal Federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy.
For Release: Tuesday, November 03, 2020
MOUNTAIN-PLAINS INFORMATION OFFICE: Kansas City, Mo.
(816) 285-7000 BLSInfoKansasCity@bls.gov www.bls.gov/regions/mountain-plains
Consumer Expenditures for the Denver Metropolitan Area: 2018-19
Households in the Denver-Aurora-Lakewood, CO, metropolitan area spent an average of $76,274 per year in
2018–19, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Michael Hirniak noted
that this figure was significantly higher than the $62,395 average expenditure level for households in the
United States. Denver-area households allocated their dollars similarly to the nation in four major components,
with four other components differing significantly from their respective U.S. averages. For example, the share
of expenditures for personal insurance and pensions, which accounted for 12.7 percent of the average
household’s budget in the Denver area, was higher than the national average of 11.6 percent. (See chart 1 and
Highlights of the Denver area’s 2018–19 spending patterns:
Housing: This was the largest expenditure component for Denver-area households and averaged $25,582.
Housing accounted for 33.5 percent of the area’s household budget, not significantly different than the 32.7-
percent U.S. average. (See table 1.) Housing expenditures shares among the 22 metropolitan areas nationwide
for which data were available ranged from 38.0 percent in New York to 30.3 percent in Detroit. (See table 2.)
Transportation: Denver-area households spent 16.2 percent of their budget on transportation, not
significantly different than the national average of 16.8 percent. Of the $12,331 in annual transportation
expenditures in Denver, 90.9 percent was spent buying and maintaining private vehicles; this compared to the
national average of 92.4 percent.
Food: The portion of a Denver household’s budget spent on food, 11.5 percent, was significantly lower than
the 12.9-percent U.S.