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: Monday, November 01, 2021
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 — 2019-20
Households in the Denver-Aurora-Lakewood, CO, metropolitan area spent an average of $75,760 per year in
2019–20, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Michael Hirniak noted
that this figure was significantly higher than the $62,188 average expenditure level for households in the
United States. Denver-area households allocated their dollars similarly to the nation in 4 of the 8 largest major
components. Four of the largest components in the local area differed significantly from their respective U.S.
averages. For example, the share of expenditures for personal insurance and pensions, which accounted for
13.0 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 table 1.)
Highlights of the Denver area’s 2019–20 spending patterns:
Housing: This was the largest expenditure component for Denver-area households and averaged
$25,965. Housing accounted for 34.3 percent of the area’s household budget, not significantly different
from the 33.8-percent U.S. average. Housing expenditure shares among the 22 published metropolitan
areas ranged from 39.1 percent in New York to 31.8 percent in St. Louis. (See table 2.)
Transportation: Denver-area households spent 16.8 percent of their budget on transportation, not
significantly different from the national average of 16.5 percent. Of the $12,749 in annual transportation
expenditures in Denver, 94.4 percent was spent buying and maintaining private vehicles; this compared
to the national average of 94.9 percent.
Food: The portion of a Denver household’s budget spent on food, 10.3 percent, was significantly lower
than the 12.5-percent U.S. average. De