Denver to DC

[Anonymous]

Possible relocation from Denver to DC. With 30% salary increase. Is that sufficient raise and what to expect in terms of lifestyle changes?
Thanks!

[Anonymous]

Your post isn't sufficient.

[Anonymous]

30% increase isn't enough unless you're already pulling down $120K+ in Denver.

And even then, your standards of living will need some adjustment downward. Quite a bit in fact, because you can't get the kind of home in the DC area you can get in Denver for even 3x the money.

[Anonymous]

Anonymous wrote:30% increase isn't enough unless you're already pulling down $120K+ in Denver.

And even then, your standards of living will need some adjustment downward. Quite a bit in fact, because you can't get the kind of home in the DC area you can get in Denver for even 3x the money.

Making 180k base now. What kind of homes are you talking about though?

[Anonymous]

Anonymous wrote:

Anonymous wrote:30% increase isn't enough unless you're already pulling down $120K+ in Denver.

And even then, your standards of living will need some adjustment downward. Quite a bit in fact, because you can't get the kind of home in the DC area you can get in Denver for even 3x the money.

Making 180k base now. What kind of homes are you talking about though?

Well, an equivalent $300,000 home in Denver will cost you more than $900,000 here. And I know what $300k gets you in Denver. Here $300k gets you a townhouse in a sketchy neighborhood in MD or VA, with a one hour+ commute. Or it will get you a one BR condo in a cheaper, older building in the city.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:30% increase isn't enough unless you're already pulling down $120K+ in Denver.

And even then, your standards of living will need some adjustment downward. Quite a bit in fact, because you can't get the kind of home in the DC area you can get in Denver for even 3x the money.

Making 180k base now. What kind of homes are you talking about though?

Well, an equivalent $300,000 home in Denver will cost you more than $900,000 here. And I know what $300k gets you in Denver. Here $300k gets you a townhouse in a sketchy neighborhood in MD or VA, with a one hour+ commute. Or it will get you a one BR condo in a cheaper, older building in the city.

I think you are a little bit out of touch with Denver real estate prices. 650k will give you a bungalow in Wash park in Denver, or a condo in Cherry Creek.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:30% increase isn't enough unless you're already pulling down $120K+ in Denver.

And even then, your standards of living will need some adjustment downward. Quite a bit in fact, because you can't get the kind of home in the DC area you can get in Denver for even 3x the money.

Making 180k base now. What kind of homes are you talking about though?

Well, an equivalent $300,000 home in Denver will cost you more than $900,000 here. And I know what $300k gets you in Denver. Here $300k gets you a townhouse in a sketchy neighborhood in MD or VA, with a one hour+ commute. Or it will get you a one BR condo in a cheaper, older building in the city.

I'm not so sure about that - there has been a huge run up in housing prices in Denver the last 2-3 years - if OP bought more than 5 years ago they could be selling at the right time and cashing out a lot of equity. Sure on comparables DC is still more expensive but lots of $400,000 homes in Denver are suddenly going for $700,000 plus while I don't think similar homes in DC have appreciated nearly as much.

Also if you are looking at $900,000+ homes in this region likely you are close in and might be able to ditch a car and reduce your commuting costs compared to Denver which is usually a significant savings.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:30% increase isn't enough unless you're already pulling down $120K+ in Denver.

And even then, your standards of living will need some adjustment downward. Quite a bit in fact, because you can't get the kind of home in the DC area you can get in Denver for even 3x the money.

Making 180k base now. What kind of homes are you talking about though?

Well, an equivalent $300,000 home in Denver will cost you more than $900,000 here. And I know what $300k gets you in Denver. Here $300k gets you a townhouse in a sketchy neighborhood in MD or VA, with a one hour+ commute. Or it will get you a one BR condo in a cheaper, older building in the city.

Have you been there in this decade? My frirnd just sold his rundown 1000 square foot house in a transitioning part of Englewood with terrible schools for $410k.

OP should be fine. The question is: why would you want to move to DC from Denver?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:30% increase isn't enough unless you're already pulling down $120K+ in Denver.

And even then, your standards of living will need some adjustment downward. Quite a bit in fact, because you can't get the kind of home in the DC area you can get in Denver for even 3x the money.

Making 180k base now. What kind of homes are you talking about though?

Well, an equivalent $300,000 home in Denver will cost you more than $900,000 here. And I know what $300k gets you in Denver. Here $300k gets you a townhouse in a sketchy neighborhood in MD or VA, with a one hour+ commute. Or it will get you a one BR condo in a cheaper, older building in the city.

I think you are a little bit out of touch with Denver real estate prices. 650k will give you a bungalow in Wash park in Denver, or a condo in Cherry Creek.

Can you even get a bungalow in Wash Park for $650?

[Anonymous]

$1mm will get you a low-end home in Boulder. $500k is typical home that resides an hour outside the city.

DC and Denver is more comparable than you think, just look at Zillow.

[Anonymous]

The average listing price for a house in Washington Park, Denver is $993k, according to Zillow.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:30% increase isn't enough unless you're already pulling down $120K+ in Denver.

And even then, your standards of living will need some adjustment downward. Quite a bit in fact, because you can't get the kind of home in the DC area you can get in Denver for even 3x the money.

Making 180k base now. What kind of homes are you talking about though?

Well, an equivalent $300,000 home in Denver will cost you more than $900,000 here. And I know what $300k gets you in Denver. Here $300k gets you a townhouse in a sketchy neighborhood in MD or VA, with a one hour+ commute. Or it will get you a one BR condo in a cheaper, older building in the city.

I moved from DC to Denver 4 years ago. You perspective is wildly out of date

[Anonymous]

https://www.redfin.com/CO/Denver/1440-S-Gaylord-St-80210/home/34145785?utm_source=myredfin&utm_medium=referral&utm_campaign=ios_share&utm_nooverride=1&utm_content=link


Already pending.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:30% increase isn't enough unless you're already pulling down $120K+ in Denver.

And even then, your standards of living will need some adjustment downward. Quite a bit in fact, because you can't get the kind of home in the DC area you can get in Denver for even 3x the money.

Making 180k base now. What kind of homes are you talking about though?

Well, an equivalent $300,000 home in Denver will cost you more than $900,000 here. And I know what $300k gets you in Denver. Here $300k gets you a townhouse in a sketchy neighborhood in MD or VA, with a one hour+ commute. Or it will get you a one BR condo in a cheaper, older building in the city.

Have you been there in this decade? My frirnd just sold his rundown 1000 square foot house in a transitioning part of Englewood with terrible schools for $410k.

OP should be fine. The question is: why would you want to move to DC from Denver?

agree with this.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:30% increase isn't enough unless you're already pulling down $120K+ in Denver.

And even then, your standards of living will need some adjustment downward. Quite a bit in fact, because you can't get the kind of home in the DC area you can get in Denver for even 3x the money.

Making 180k base now. What kind of homes are you talking about though?

Well, an equivalent $300,000 home in Denver will cost you more than $900,000 here. And I know what $300k gets you in Denver. Here $300k gets you a townhouse in a sketchy neighborhood in MD or VA, with a one hour+ commute. Or it will get you a one BR condo in a cheaper, older building in the city.

Have you been there in this decade? My frirnd just sold his rundown 1000 square foot house in a transitioning part of Englewood with terrible schools for $410k.

OP should be fine. The question is: why would you want to move to DC from Denver?

agree with this.

OP here. Job prospects which comes with more hours of course. Please feel free to talk me out of it!