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 $14.83 $29.30 $33.82 $42.89 $22.33 $26.56 $29.26 $34.32 $30.90 $10.80 $15.88 $18.33 $21.95
Poverty Wage $5.84 $7.91 $9.99 $12.07 $7.91 $9.99 $12.07 $14.14 $3.96 $5.00 $6.03 $7.07
Minimum Wage $10.20 $10.20 $10.20 $10.20 $10.20 $10.20 $10.20 $10.20 $10.20 $10.20 $10.20 $10.20

*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 $3,573 $5,267 $7,929 $10,517 $6,551 $8,154 $10,529 $12,820 $6,551 $8,154 $10,529 $12,820
Child Care $0 $9,133 $12,967 $16,800 $0 $0 $0 $0 $0 $9,133 $12,967 $16,800
Medical $2,367 $6,958 $6,615 $6,697 $5,771 $6,615 $6,697 $6,416 $5,771 $6,615 $6,697 $6,416
Housing $13,008 $17,532 $17,532 $24,672 $14,340 $17,532 $17,532 $24,672 $13,008 $17,532 $17,532 $24,672
Transportation $4,206 $7,664 $9,011 $10,425 $7,664 $9,011 $10,425 $10,307 $7,664 $9,011 $10,425 $10,307
Other $2,976 $4,951 $5,375 $6,256 $4,951 $5,375 $6,256 $6,121 $4,951 $5,375 $6,256 $6,121
Required annual income after taxes $26,130 $51,504 $59,429 $75,367 $39,276 $46,687 $51,439 $60,337 $37,944 $55,820 $64,406 $77,137
Annual taxes $4,717 $9,443 $10,915 $13,840 $7,177 $8,548 $9,431 $11,047 $6,991 $10,245 $11,840 $14,168
Required annual income before taxes $30,847 $60,947 $70,345 $89,207 $46,453 $55,235 $60,870 $71,384 $64,274 $44,935 $66,064 $76,247 $91,305

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $131,151
Business & Financial Operations $74,263
Computer & Mathematical $95,094
Architecture & Engineering $94,796
Life, Physical, & Social Science $78,388
Community & Social Service $49,903
Legal $0
Education, Training, & Library $56,312
Arts, Design, Entertainment, Sports, & Media $51,775
Healthcare Practitioners & Technical $76,032
Healthcare Support $35,429
Protective Service $57,011
Food Preparation & Serving Related $24,895
Building & Grounds Cleaning & Maintenance $30,944
Personal Care & Service $30,995
Sales & Related $37,312
Office & Administrative Support $39,163
Farming, Fishing, & Forestry $29,627
Construction & Extraction $47,506
Installation, Maintenance, & Repair $49,049
Production $36,735
Transportation & Material Moving $31,499