Fort Collins, CO

Very High · 137

Colorado · Population 169,705 · Updated March 2026

$1,661
Median Rent / Month
$83,598
Median Income
$548,400
Median Home Value
$1,692
Owner Costs / Month

Affordability

How far your income goes in Fort Collins

23.8%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Colorado

State-level tax rates that affect your costs

4.4%
Income Tax (Top Rate)
2.9%
Sales Tax
0.51%
Property Tax Rate

Estimated Annual Costs

$19,932
Annual Rent
$3,678
State Income Tax
$2,797
Property Tax (est.)

Cost of Living Overview

Fort Collins has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 137 (where 100 equals the national median), Fort Collins residents can expect to pay median rent of $1,661/month while earning a median household income of $83,598/year.

The median home value in Fort Collins, CO is $548,400, with typical monthly owner costs around $1,692 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.8% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Colorado has a moderate income tax rate of 4.4%. Combined with a 2.9% sales tax rate and 0.51% effective property tax rate, the overall tax environment is a factor in the total cost of living in Fort Collins.

Frequently Asked Questions

Common questions about living costs in Fort Collins

What is the cost of living in Fort Collins, CO?
The cost of living index in Fort Collins, CO is 137 (US average = 100). Median monthly rent is $1,661, median household income is $83,598/year, and the median home value is $548,400.
Is Fort Collins, CO affordable?
No, Fort Collins is more expensive than the national average with a cost index of 137. The rent-to-income ratio is 23.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Fort Collins, CO?
The median gross rent in Fort Collins, CO is $1,661 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,932.
What is the median household income in Fort Collins?
The median household income in Fort Collins, CO is $83,598 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Colorado?
Colorado has a top income tax rate of 4.4%, a sales tax of 2.9%, and an effective property tax rate of 0.51%.

Compare Fort Collins With

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