Living Wage Calculation for Boulder, CO

The living wage shown is the hourly rate that an individual must earn to support their family, if they are the sole provider and are working full-time (2080 hours per year). All values are per adult in a family unless otherwise noted. The state minimum wage is the same for all individuals, regardless of how many dependents they may have. The poverty rate is typically quoted as gross annual income. We have converted it to an hourly wage for the sake of comparison.

For further detail, please reference the technical documentation here.

Hourly Wages 1 Adult 1 Adult 1 Child 1 Adult 2 Children 1 Adult 3 Children 2 Adults (1 Working) 2 Adults (1 Working) 1 Child 2 Adults (1 Working) 2 Children 2 Adults (1 Working) 3 Children 2 Adults (1 Working Part Time) 1 Child* 2 Adults 2 Adults 1 Child 2 Adults 2 Children 2 Adults 3 Children
Living Wage $13.65 $27.62 $33.21 $42.72 $21.07 $26.12 $28.80 $33.90 $15.44 $10.03 $15.44 $18.01 $21.81
Poverty Wage $5.00 $7.00 $9.00 $11.00 $7.00 $9.00 $11.00 $13.00 $3.00 $4.00 $5.00 $6.00
Minimum Wage $8.31 $8.31 $8.31 $8.31 $8.31 $8.31 $8.31 $8.31 $8.31 $8.31 $8.31 $8.31

*Documentation for families with an adult working part-time is available separately, here.

Typical Expenses

These figures show the individual expenses that went into the living wage estimate. Their values vary by family size, composition, and the current location.

Annual Expenses 1 Adult 1 Adult 1 Child 1 Adult 2 Children 1 Adult 3 Children 2 Adults (1 Working) 2 Adults (1 Working) 1 Child 2 Adults (1 Working) 2 Children 2 Adults (1 Working) 3 Children 2 Adults (1 Working Part Time) 1 Child* 2 Adults 2 Adults 1 Child 2 Adults 2 Children 2 Adults 3 Children
Food $3,560 $5,390 $8,023 $10,601 $6,527 $8,260 $10,608 $12,889 $6,527 $8,260 $10,608 $12,889
Child Care $0 $8,352 $12,707 $17,062 $0 $0 $0 $0 $0 $8,352 $12,707 $17,062
Medical $2,119 $6,644 $6,358 $6,518 $5,200 $6,358 $6,518 $6,376 $5,200 $6,358 $6,518 $6,376
Housing $11,868 $16,572 $16,572 $24,048 $13,704 $16,572 $16,572 $24,048 $11,868 $16,572 $16,572 $24,048
Transportation $3,768 $7,155 $9,346 $10,196 $7,155 $9,346 $10,196 $10,231 $7,155 $9,346 $10,196 $10,231
Other $2,799 $4,565 $5,497 $6,845 $4,565 $5,497 $6,845 $6,235 $4,565 $5,497 $6,845 $6,235
Required annual income after taxes $24,115 $48,678 $58,503 $75,270 $37,152 $46,033 $50,739 $59,779 $35,316 $54,385 $63,446 $76,841
Annual taxes $4,275 $8,779 $10,584 $13,587 $6,666 $8,293 $9,158 $10,741 $6,414 $9,828 $11,492 $13,876
Required annual income before taxes $28,390 $57,457 $69,087 $88,857 $43,818 $54,326 $59,897 $70,520 $64,213 $41,729 $64,213 $74,939 $90,716

Typical Annual Salaries

These are the typical annual salaries for various professions in this location.

Occupational Area Typical Annual Salary
Management $118,410
Business & Financial Operations $68,300
Computer & Mathematical $90,030
Architecture & Engineering $90,310
Life, Physical, & Social Science $74,820
Community & Social Service $45,450
Legal $61,110
Education, Training, & Library $52,370
Arts, Design, Entertainment, Sports, & Media $46,860
Healthcare Practitioners & Technical $70,340
Healthcare Support $31,660
Protective Service $50,730
Food Preparation & Serving Related $21,730
Building & Grounds Cleaning & Maintenance $27,180
Personal Care & Service $26,750
Sales & Related $36,260
Office & Administrative Support $36,420
Farming, Fishing, & Forestry $24,990
Construction & Extraction $41,350
Installation, Maintenance, & Repair $46,030
Production $33,620
Transportation & Material Moving $30,460