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 $11.65 $24.96 $30.55 $38.89 $18.82 $23.45 $26.13 $30.08 $14.10 $9.03 $14.10 $16.68 $19.89
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 $8,208 $11,700 $11,700 $17,052 $9,588 $11,700 $11,700 $17,052 $8,208 $11,700 $11,700 $17,052
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 $20,455 $43,806 $53,631 $68,274 $33,036 $41,161 $45,867 $52,783 $31,656 $49,513 $58,574 $69,845
Annual taxes $3,772 $8,110 $9,915 $12,626 $6,100 $7,624 $8,489 $9,780 $5,911 $9,158 $10,823 $12,914
Required annual income before taxes $24,227 $51,916 $63,546 $80,900 $39,136 $48,785 $54,356 $62,563 $58,671 $37,566 $58,671 $69,397 $82,759

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $97,670
Business & Financial Operations $61,110
Computer & Mathematical $84,940
Architecture & Engineering $81,190
Life, Physical, & Social Science $61,280
Community & Social Service $45,570
Legal $68,000
Education, Training, & Library $43,320
Arts, Design, Entertainment, Sports, & Media $37,940
Healthcare Practitioners & Technical $64,700
Healthcare Support $29,690
Protective Service $42,170
Food Preparation & Serving Related $19,870
Building & Grounds Cleaning & Maintenance $25,690
Personal Care & Service $22,240
Sales & Related $25,660
Office & Administrative Support $33,600
Farming, Fishing, & Forestry $25,540
Construction & Extraction $42,170
Installation, Maintenance, & Repair $44,760
Production $35,370
Transportation & Material Moving $29,000