Salary Needed to Live in Fort Collins as a Retiree
A retired individual (65+) needs approximately $24,406/year to live comfortably in Fort Collins, CO — including 5% savings.
Comfortable Salary
$24,406
with 5% savings
Bare Minimum
$22,734
no savings buffer
Monthly Expenses
$1,383
14% above national avg
Detailed Monthly Budget for a Retiree in Fort Collins
| Expense | Fort Collins | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $151 | $121 | +25% |
| 🛒 Groceries | $20 | $16 | +25% |
| ⚡ Utilities | $13 | $15 | -13% |
| 🚗 Transportation | $20 | $18 | +11% |
| 🛡️ Car Insurance | $213 | $215 | -1% |
| 🏥 Health Insurance | $57 | $54 | +6% |
| Medicare Supplement | $236 | $200 | +18% |
| Prescription Drugs | $177 | $150 | +18% |
| Internet + Phone | $142 | $120 | +18% |
| Recreation & Social | $236 | $200 | +18% |
| Home Maintenance | $118 | $100 | +18% |
| Total Monthly | $1,383 | $1,209 | +14% |
How We Calculated the Salary
Monthly expenses:$1,383
Target savings (5%):$78/mo
Monthly after-tax needed:$1,461
Effective tax rate:27%
Gross annual salary needed:$24,406
Other Household Types in Fort Collins
Related Pages
FAQ
What salary does a retiree need in Fort Collins?
A retiree needs approximately $24,406/year ($2,034/month gross) to live comfortably in Fort Collins with a 5% savings rate.
How much is rent for a retiree in Fort Collins?
A 1-2br senior-friendly in Fort Collins costs approximately $151/month, which is the largest single expense at 11% of the total budget.
Is Fort Collins affordable for a retiree?
Fort Collins is above the national average for retiree living costs, requiring 14% more salary than the US median.