Fort Collins vs Rapid City

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Salary Equivalence

A $75,000 salary in Fort Collins has the same purchasing power as $63,362 in Rapid City.

Conversely, $75,000 in Rapid City equals $88,776 in Fort Collins.

Living in Fort Collins vs Rapid City

Housing Costs

Fort Collins's housing index of 142 is higher Rapid City's 91, translating to median home prices of $531,000 vs $325,000. The $206,000 difference in home prices means roughly $13,392 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,625/mo in Fort Collins compared to $1,100/mo in Rapid City, a monthly difference of $525.

Grocery & Food Costs

Grocery expenses index at 100 in Fort Collins and 102 in Rapid City. A household spending the national average of $475/month on groceries would pay approximately $475/month in Fort Collins vs $485/month in Rapid City. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 87 in Fort Collins and 87 in Rapid City. Monthly utility bills average approximately $348 in Fort Collins vs $348 in Rapid City. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 97 in Fort Collins and 107 in Rapid City. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 10-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $74,800 in Fort Collins and $70,900 in Rapid City. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $64,483 and $72,347 respectively. Rapid City residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,745/month to housing in Fort Collins vs $1,654/month in Rapid City. In Fort Collins, median rent of $1,625/mo fits within this budget. In Rapid City, median rent of $1,100/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 51 index points — focus your budget analysis there.

Frequently Asked Questions

Moving & Relocation Resources

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