CostIndexUSA

Denver, CO vs McAllen, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Denver
105.8
overall index
$1,850/mo rent
More AffordableTX
McAllen
85.9
overall index
$1,100/mo rent

McAllen is significantly cheaper than Denver — 18.8% lower overall cost of living.

To match an $80,000 salary in Denver, you would need $65,000 in McAllen. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing61.9%
Denver
146.9
McAllen
55.9
🛒 Groceries7.1%
Denver
101
McAllen
93.8
🚗 Transportation3.2%
Denver
104.4
McAllen
101.1
🏥 Healthcare3.3%
Denver
94.5
McAllen
91.4
Utilities7.6%
Denver
87.9
McAllen
81.2

Salary Equivalency Calculator

Enter your current salary in Denver to see what you'd need to earn in McAllen to maintain the same purchasing power.

$
Equivalent salary in McAllen, TX
$65,000
$15,000 less needed in McAllen

Formula: salary × (85.9 ÷ 105.8) = salary × 0.8119. Based on BEA Regional Price Parities.

Housing Market

Denver, CO

Median Home Price
$559,000
Median Monthly Rent
$1,850
Housing Index
146.9
Price-to-Rent Ratio
25.2×

McAllen, TX

Median Home Price
$188,000
Median Monthly Rent
$1,100
Housing Index
55.9
Price-to-Rent Ratio
14.2×

Denver has 61.9% lower housing costs compared to McAllen.

Income & Job Market

Denver, CO

Median Household Income
$103,100
Per Capita Income
$58,800
Unemployment Rate
3.6%
Population
715,522
Top Industries
TechnologyAerospaceEnergyHealthcareTourism

McAllen, TX

Median Household Income
$53,700
Per Capita Income
$30,600
Unemployment Rate
5.6%
Population
142,212
Top Industries
International TradeHealthcareRetailGovernmentEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Denver, CO
4.6×income-to-rent ratio

78% of income left after rent (median)

McAllen, TX
4.1×income-to-rent ratio

75% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.