Salary Needed to Live in Fort Collins as a Family
A family of four (2 adults, 2 children) needs approximately $70,593/year to live comfortably in Fort Collins, CO — including 15% savings.
Comfortable Salary
$70,593
with 15% savings
Bare Minimum
$56,088
no savings buffer
Monthly Expenses
$3,412
17% above national avg
Detailed Monthly Budget for a Family in Fort Collins
| Expense | Fort Collins | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $262 | $209 | +25% |
| 🛒 Groceries | $56 | $44 | +27% |
| ⚡ Utilities | $25 | $28 | -11% |
| 🚗 Transportation | $50 | $44 | +14% |
| 🛡️ Car Insurance | $213 | $215 | -1% |
| 🏥 Health Insurance | $57 | $54 | +6% |
| Childcare/After-school | $1,416 | $1,200 | +18% |
| Internet + Phones | $212 | $180 | +18% |
| Children Activities | $295 | $250 | +18% |
| Dining Out | $413 | $350 | +18% |
| School Supplies & Clothing | $236 | $200 | +18% |
| Healthcare Co-pays | $177 | $150 | +18% |
| Total Monthly | $3,412 | $2,924 | +17% |
How We Calculated the Salary
Monthly expenses:$3,412
Target savings (15%):$758/mo
Monthly after-tax needed:$4,170
Effective tax rate:27%
Gross annual salary needed:$70,593
Other Household Types in Fort Collins
Related Pages
FAQ
What salary does a family with kids need in Fort Collins?
A family with kids needs approximately $70,593/year ($5,883/month gross) to live comfortably in Fort Collins with a 15% savings rate.
How much is rent for a family with kids in Fort Collins?
A 3br apartment/house in Fort Collins costs approximately $262/month, which is the largest single expense at 8% of the total budget.
Is Fort Collins affordable for a family with kids?
Fort Collins is above the national average for family with kids living costs, requiring 17% more salary than the US median.