How Much Money Do You Need To Live In Fort Collins?

Living Wage Calculation for Fort Collins, CO

1 ADULT
0 Children 2 Children
Living Wage $18.39 $46.30
Poverty Wage $6.19 $10.56
Minimum Wage $12.56 $12.56

How much does it cost to live comfortably in Fort Collins?

Fort Collins cost of living is 118.3

COST OF LIVING Fort Collins Colorado
Grocery 101.1 100.7
Health 96.4 95.8
Housing 168.6 166.1
Median Home Cost $487,800 $488,600

What is a good salary in Fort Collins Colorado?

The average salary in Fort Collins is $58,852. A good hourly wage in Fort Collins is $24.04 per hour. That works out to a good weekly wage of $961 per week and a good monthly wage of $4,166 per month. However, using the median income is only one way to calculate a good salary in Fort Collins.

Is Fort Collins an expensive place to live?

The reason why Fort Collins is often referred to as an expensive town to live in is due to our housing expenses. Just like everywhere else in the United States, the housing market in Fort Collins skyrocketed in the last couple of years. For instance, the median sales price in Fort Collins is around $525,000.

Is Fort Collins cheap to live?

Fort Collins has a relatively low cost of living compared to Denver and Boulder. It was ranked #1 on Livability’s list of The 5 Most Affordable Cities in Colorado.

Is it cheaper to live in Fort Collins or Colorado Springs?

Highlights. Colorado Springs is 11.7% less expensive than Fort Collins. Colorado Springs housing costs are 26.2% less expensive than Fort Collins housing costs. Health related expenses are 1.3% less in Colorado Springs.

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What is a good salary in Colorado?

While ZipRecruiter is seeing salaries as high as $142,053 and as low as $19,497, the majority of salaries within the Average jobs category currently range between $45,958 (25th percentile) to $69,633 (75th percentile) with top earners (90th percentile) making $92,844 annually in Colorado.

How much are utilities in Fort Collins Colorado?

Electricity bills in Fort Collins, CO
In Fort Collins, CO, the average monthly electricity bill for residential consumers is $113/month, which is calculated by multiplying the average monthly consumption by the average rate for electricity: 856 kWh * 13 ¢/kWh.

Is it cheaper to live in Denver or Fort Collins?

Denver is 8.8% more expensive than Fort Collins. Denver housing costs are 9.3% more expensive than Fort Collins housing costs. Health related expenses are 4.0% less in Denver.

Why is Fort Collins CO so expensive?

Scarcity of options, new luxury builds keep pushing Fort Collins housing prices higher. A global pandemic failed to slow escalating home prices in 2020, as most Larimer County towns experienced a dire shortage of available properties while demand continued to grow.

Is Denver more expensive than Fort Collins?

Cost of Living
Denver housing costs are 9.4% more expensive than Fort Collins housing costs, and even more expensive compared to the other NoCo cities with lower costs of living.

Where should you not live in Fort Collins?

The worst neighborhood in Fort Collins is Countryside Park, Pleasant Acres, and Sunrise Acres. This is northeast Fort Collins, near Mulberry, which is probably the biggest pro of this area, as Mulberry will be strongly developed soon.

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Is Fort Collins safe?

The chance of becoming a victim of either violent or property crime in Fort Collins is 1 in 36. Based on FBI crime data, Fort Collins is not one of the safest communities in America. Relative to Colorado, Fort Collins has a crime rate that is higher than 75% of the state’s cities and towns of all sizes.

Why is Fort Collins so popular?

In fact, Fort Collins has made the list every year since 2015 thanks to our community of tech giants, employment opportunities at Colorado State University, the thriving microbrewery industry, the arts scene, the educational opportunities, our countless independent restaurants, and the bounty of outdoor amenities.

What is the cheapest place to live in Colorado?

10 Most Affordable Places to Live in Colorado

  • Federal Heights. Topping the list of the most affordable city in Colorado is Federal Heights, a suburb of Denver.
  • Lamar.
  • Brush.
  • Fort Morgan.
  • Sterling.
  • Trinidad.
  • Pueblo.
  • Clifton.

Where is the cheapest state to live?

Mississippi
Mississippi is the cheapest state to live in in the United States. Overall, costs in the state are 17% lower than the national average. Housing costs in Mississippi are the lowest in the nation.

What city has the lowest cost of living?

Wichita Falls, Texas, was named the city with the lowest cost of living. Visit Business Insider’s homepage for more stories.

What is a livable salary in Colorado?

Living Wage Calculation for Denver County, Colorado

1 ADULT 2 ADULTS (1 WORKING)
0 Children 2 Children
Living Wage $20.31 $41.55
Poverty Wage $6.19 $12.74
Minimum Wage $12.56 $12.56
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What is middle class in Colorado?

The range to be considered middle income is highest for families composed of two adults and two young children, requiring an income between $69,000 and $208,000. By comparison, single-adult families with no young children must earn $22,000 to $68,000 to be considered middle income.

What is upper class in Colorado?

In Denver, you’ll need to earn $141,801 or more to be considered a “rich” person in the top 20% of the city’s 700,000 residents. The ultra-rich, or the top 5% of earners in Denver, make way more: $475,273 on average, according to the analysis.

How much is a water bill in Fort Collins?

Average Single-Family Monthly Bill Comparison

Utility 2021 % Change
Water 10,000 gallons/month $49.03 0%
Wastewater 4,800 gallons/month WQA $34.25 0%
Stormwater 8,600 sq. ft. lot, light runoff $21.74 0%
Total Average Bill $183.16 0.9%