Living Wage Calculation for Fort Collins, 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 $12.13 $26.05 $30.06 $38.61 $19.69 $22.84 $25.98 $29.92 $18.11 $9.52 $14.01 $16.66 $19.72
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 $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 $8,628 $11,952 $11,952 $17,400 $9,804 $11,952 $11,952 $17,400 $8,628 $11,952 $11,952 $17,400
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 $21,250 $45,601 $52,643 $67,616 $34,483 $39,988 $45,482 $52,384 $33,307 $49,064 $58,369 $69,081
Annual taxes $3,977 $8,573 $9,886 $12,699 $6,465 $7,523 $8,546 $9,854 $6,301 $9,217 $10,952 $12,971
Required annual income before taxes $25,227 $54,175 $62,529 $80,315 $40,948 $47,510 $54,028 $62,238 $56,501 $39,608 $58,281 $69,321 $82,052

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $102,531
Business & Financial Operations $64,350
Computer & Mathematical $87,258
Architecture & Engineering $84,501
Life, Physical, & Social Science $64,739
Community & Social Service $46,812
Legal $81,785
Education, Training, & Library $45,018
Arts, Design, Entertainment, Sports, & Media $38,714
Healthcare Practitioners & Technical $66,851
Healthcare Support $31,119
Protective Service $38,725
Food Preparation & Serving Related $21,443
Building & Grounds Cleaning & Maintenance $27,726
Personal Care & Service $24,026
Sales & Related $26,824
Office & Administrative Support $35,045
Farming, Fishing, & Forestry $27,060
Construction & Extraction $43,665
Installation, Maintenance, & Repair $45,900
Production $37,525
Transportation & Material Moving $31,211