DENVER — A study by Apartment List found Denver is among the least affordable cities for teachers to live and work in the country.
Taking into consideration local teacher salary and median cost to rent, the study found Denver ranked 40 out of 50 metro areas for affordability.
In Denver, a first-year teacher makes on average $3,321 per month. That teacher would have to spend 26 percent of their income to pay for their share of a two-bedroom apartment.
Locally, a fifth-year teacher needs to spend 39 percent of their income to rent a one-bedroom apartment and a 10th-year teacher needs to spend 37 percent of their income to rent a two bedroom apartment.
San Francisco is the most expensive city for teachers, while Wichita, Kan., is the most affordable city.AlertMe