City comparison
Denver, CO vs Pensacola, FL
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Denver, CO are 8.3% higher than in Pensacola, FL. Someone earning $100,000 in Pensacola, FL would need about $108,300 in Denver, CO to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,754 a month in Denver, CO versus $1,257 in Pensacola, FL. On $100,000, that's 28% of take-home pay in Denver, CO and 19% in Pensacola, FL.
- On $100,000, estimated state income tax is about $3,692 a year higher in Denver, CO than in Pensacola, FL.
- For federal employees, locality pay changes a GS-13 step 1 salary by −10.3% moving from Denver, CO to Pensacola, FL ($118,675 → $106,437), while prices change by −7.6%. Net effect of the transfer: −2.9% in real buying power.
- Denver, CO: price level 105.8 (pricier)
- Pensacola, FL: price level 97.7 (cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Denver, CO | Pensacola, FL | |
|---|---|---|
| Price level (U.S. = 100)2 | 105.8 | 97.7 |
| $100,000 is worth, in the other city2 | $92,376 in Pensacola | $108,253 in Denver |
| Typical 1-bedroom rent3 | $1,754/mo | $1,257/mo |
| Take-home on $100,00014,15,8 | $75,488 | $79,180 |
| State income tax on $100,000 (estimate)8 | $3,692 (CO) | $0 (FL) |
| Rent burden on $100,000 | 28% | 19% |
| Median pay, all jobs4 | $62,320 | $46,240 |
| Federal locality pay area7 | Denver-Aurora, CO | Rest of U.S. |
Rent areas: Denver-Aurora-Centennial, CO MSA and Pensacola-Ferry Pass-Brent, FL MSA. Metro areas: Denver-Aurora-Centennial, CO and Pensacola-Ferry Pass-Brent, FL.
What costs more or less
| Price level (U.S. = 100) | Denver | Pensacola |
|---|---|---|
| Housing (rent) | 146.9 | 98.8 |
| Goods | 101.0 | 96.2 |
| Utilities | 87.9 | 88.5 |
| Other services | 99.4 | 98.9 |
| Overall | 105.8 | 97.7 |
Moving with the same $100,000 salary
Denver, CO → Pensacola, FL
Same pay goes further
Buying power +8.3%; rent takes 19% of take-home; state tax −$3,692/yr.
95 Strong offer
Pensacola, FL → Denver, CO
Same pay buys less
Buying power −7.6%; rent takes 28% of take-home; state tax +$3,692/yr.
41 Weak offer
On the GS pay scale?
Denver, CO is in the Denver-Aurora, CO pay area; Pensacola, FL is in Rest of U.S.. The last column shows what a transfer from Denver, CO to Pensacola, FL at the same grade and step does to real buying power.
| Grade5,2 | Denver, CO | Pensacola, FL | Real change, Denver → Pensacola |
|---|---|---|---|
| GS-9 step 1 | $68,819 | $61,722 | −2.9% |
| GS-11 step 1 | $83,265 | $74,678 | −2.9% |
| GS-12 step 1 | $99,800 | $89,508 | −2.9% |
| GS-13 step 1 | $118,675 | $106,437 | −2.9% |
| GS-14 step 1 | $140,239 | $125,776 | −2.9% |
Pay for common jobs
| Median annual pay4 | Denver, CO | Pensacola, FL | Pensacola pay in Denver dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $76,910 | $50,360 | $54,516 (−29.1%) |
| Software Developers | $137,610 | $108,430 | $117,379 (−14.7%) |
| Accountants and Auditors | $100,020 | $76,410 | $82,716 (−17.3%) |
| Registered Nurses | $101,130 | $77,890 | $84,319 (−16.6%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.