Cost of Living in Fort Collins, CO

Population 169,705 · Colorado · Data vintage 2023

158
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Fort Collins lands reasonably close to national benchmarks on most cost indicators, with a median home value of $548,000 — 80% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Colorado.

Cost Overview

Housing 180
Rent 126

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Fort Collins

The median home value in Fort Collins is $548,400 — 80% above the national median of $305,000. Median rent runs $1,661/month, 26% higher than the national median of $1,314/month. The median household income of $83,598/year is 12% higher than the US median of $74,580. The local unemployment rate is 5.2%, above the national average of 4.8%. Colorado's top state income tax rate is 4.4% and the combined sales tax is 7.8%. Overall, Fort Collins has a cost of living index of 158 versus the US average of 100, meaning it is 58% more expensive.

🏠 Housing

Median Home Value
$548,400
80% above avg
Zillow Home Value
$556,326
Zillow ZHVI
Median Rent
$1,661/mo
26% above avg
Zillow Rent
$1,970/mo
Zillow ZORI
Price-to-Rent Ratio
27.5x
Favors renting
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$884
1 BR
$960
2 BR
$1,251
3 BR
$1,611
4 BR
$2,004
Owner-occupied 52.1%
Renter-occupied 47.9%

💰 Estimated Monthly Budget

Rent median rent
$1,661
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,275/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
21.9 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.2%

Commute Mode

Drove alone
63.3%
Carpooled
5.7%
Public transit
1.5%
Walked
4.2%
Bicycle
4.3%
Work from home
20.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.4%
Total Sales Tax 7.8%
State rate 2.9%
Avg local rate 4.9%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$83,598
12% above avg
Per Capita Income
$46,341
Unemployment Rate
5.2%
7% above avg
Poverty Rate
16.0%
Labor Force Participation
70.7%

🎓 Education

Bachelor's degree+ 34.3%
Graduate degree 25.5%

👥 Demographics

Median Age 30.6
Male median age 30.3
Female median age 31.1

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
47.9%
Good air days/yr
156
Max AQI recorded
61
PM2.5 days
304
Ozone days

Frequently Asked Questions

What is the cost of living in Fort Collins, CO?

Fort Collins has a cost index of 158 (100 = national average). It is 58% above the national average.

What is average rent in Fort Collins, CO?

The median gross rent in Fort Collins is $1,661 per month based on 2023 Census data.

What is the average home price in Fort Collins?

The median home value in Fort Collins is $548,400 according to Zillow and Census data.

What is the median income in Fort Collins?

The median household income in Fort Collins is $83,598 per year (2023 ACS 5-year estimates).

What is the sales tax in Fort Collins, CO?

The combined state and local sales tax rate in Fort Collins is 7.8%. The Colorado state income tax top rate is 4.4%.

Is Fort Collins, CO affordable?

Fort Collins is above average in cost of living, with an index of 158 — about 58% higher than the national average.

Fort Collins at a Glance

Population
169,705
Median Income
$83,598
Home Value
$548,400
Median Rent
$1,661/mo
Unemployment
5.2%
Sales Tax
7.8%
View all cities in Colorado →
🗺️ County data for Colorado

Explore county-level cost of living data

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