Fort Collins vs Springfield

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 $50,431 in Springfield.

Conversely, $75,000 in Springfield equals $111,538 in Fort Collins.

Living in Fort Collins vs Springfield

Housing Costs

Fort Collins's housing index of 142 is higher Springfield's 52, translating to median home prices of $531,000 vs $162,000. The $369,000 difference in home prices means roughly $23,988 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,625/mo in Fort Collins compared to $925/mo in Springfield, a monthly difference of $700.

Grocery & Food Costs

Grocery expenses index at 100 in Fort Collins and 98 in Springfield. A household spending the national average of $475/month on groceries would pay approximately $475/month in Fort Collins vs $466/month in Springfield. 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 98 in Springfield. Monthly utility bills average approximately $348 in Fort Collins vs $392 in Springfield. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 97 in Fort Collins and 91 in Springfield. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $74,800 in Fort Collins and $65,500 in Springfield. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $64,483 and $83,974 respectively. Springfield 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 $1,528/month in Springfield. In Fort Collins, median rent of $1,625/mo fits within this budget. In Springfield, median rent of $925/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 90 index points — focus your budget analysis there.

Frequently Asked Questions

Moving & Relocation Resources

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