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 $13.35 $27.65 $31.67 $40.67 $21.03 $24.45 $27.58 $31.98 $19.18 $10.13 $14.81 $17.47 $20.75
Poverty Wage $5.80 $7.81 $9.82 $11.83 $7.81 $9.82 $11.83 $13.84 $3.90 $4.91 $5.91 $6.92
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 $3,564 $5,245 $7,893 $10,476 $6,533 $8,124 $10,487 $12,773 $6,533 $8,124 $10,487 $12,773
Child Care $0 $9,076 $12,887 $16,697 $0 $0 $0 $0 $0 $9,076 $12,887 $16,697
Medical $2,395 $6,820 $6,540 $6,597 $5,638 $6,540 $6,597 $6,267 $5,638 $6,540 $6,597 $6,267
Housing $10,860 $14,880 $14,880 $21,156 $12,252 $14,880 $14,880 $21,156 $10,860 $14,880 $14,880 $21,156
Transportation $3,860 $7,975 $8,373 $10,051 $7,975 $8,373 $10,051 $10,013 $7,975 $8,373 $10,051 $10,013
Other $2,803 $4,533 $4,999 $6,395 $4,533 $4,999 $6,395 $5,932 $4,533 $4,999 $6,395 $5,932
Required annual income after taxes $23,482 $48,529 $55,571 $71,372 $36,931 $42,916 $48,410 $56,140 $35,539 $51,992 $61,297 $72,837
Annual taxes $4,289 $8,982 $10,294 $13,223 $6,806 $7,931 $8,955 $10,378 $6,612 $9,626 $11,361 $13,495
Required annual income before taxes $27,771 $57,511 $65,865 $84,595 $43,738 $50,847 $57,365 $66,518 $59,838 $42,152 $61,617 $72,658 $86,332

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $125,306
Business & Financial Operations $73,021
Computer & Mathematical $93,542
Architecture & Engineering $91,891
Life, Physical, & Social Science $80,668
Community & Social Service $48,790
Legal $73,195
Education, Training, & Library $56,293
Arts, Design, Entertainment, Sports, & Media $51,189
Healthcare Practitioners & Technical $73,903
Healthcare Support $33,569
Protective Service $54,028
Food Preparation & Serving Related $23,257
Building & Grounds Cleaning & Maintenance $28,147
Personal Care & Service $28,690
Sales & Related $37,546
Office & Administrative Support $38,110
Farming, Fishing, & Forestry $27,931
Construction & Extraction $44,485
Installation, Maintenance, & Repair $47,089
Production $35,414
Transportation & Material Moving $32,062