NewsLocal News

Actions

Turkey Index: Denver rent costs 21.5 Thanksgiving dinners, report says

Posted at 7:18 AM, Nov 21, 2017
and last updated 2017-11-21 09:18:06-05

DENVER – Housing costs in Denver gobble up such a big chunk of renters’ budgets that they spend nearly the equivalent of two dozen Thanksgiving dinners every month.

That’s according to ApartmentList, which just released its ‘Turkey Index’ list for 2017.

The rental listing site used the median cost of a 2-bedroom apartment and government data on grocery costs to come up with the Turkey Index for cities across the country.

In Denver, the typical 2-bedroom apartment rents for $1,330, according to ApartmentList. That’s the equivalent of 21.5 turkey dinners, making Denver the 9th most expensive metro area in the country.

Here are the 10 most expensive major cities for renters, listed by Turkey Index:

1.    San Francisco, CA: 38.4
2.    San Jose, CA: 32.2
3.    New York, NY: 32.1
4.    Boston, MA: 30.8
5.    San Diego, CA: 27.5
6.    Austin, TX: 24.1
7.    Los Angeles, CA: 23.4
8.    Washington, DC: 21.6
9.    Denver, CO: 21.5
10.    Seattle, WA: 21.4

To read the full report, head over to apartmentlist.com.