City comparison
Fort Collins, CO vs Hickory, NC
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Fort Collins, CO are 14.3% higher than in Hickory, NC. Someone earning $100,000 in Hickory, NC would need about $114,300 in Fort Collins, CO to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,537 a month in Fort Collins, CO versus $908 in Hickory, NC. On $100,000, that's 24% of take-home pay in Fort Collins, CO and 14% in Hickory, NC.
- Estimated state income tax on $100,000 is close: $3,692 a year in CO and $3,481 in NC.
- For federal employees, locality pay changes a GS-13 step 1 salary by −8.3% moving from Fort Collins, CO to Hickory, NC ($118,675 → $108,810), while prices change by −12.5%. Net effect of the transfer: +4.8% in real buying power.
- Fort Collins, CO: price level 101.1 (about average)
- Hickory, NC: price level 88.5 (much cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Fort Collins, CO | Hickory, NC | |
|---|---|---|
| Price level (U.S. = 100)2 | 101.1 | 88.5 |
| $100,000 is worth, in the other city2 | $87,499 in Hickory | $114,287 in Fort Collins |
| Typical 1-bedroom rent3 | $1,537/mo | $908/mo |
| Take-home on $100,00014,15,8 | $75,488 | $75,699 |
| State income tax on $100,000 (estimate)8 | $3,692 (CO) | $3,481 (NC) |
| Rent burden on $100,000 | 24% | 14% |
| Median pay, all jobs4 | $55,310 | $45,220 |
| Federal locality pay area7 | Denver-Aurora, CO | Charlotte-Concord, NC-SC |
Rent areas: Fort Collins-Loveland, CO MSA and Hickory-Lenoir-Morganton, NC MSA. Metro areas: Fort Collins-Loveland, CO and Hickory-Lenoir-Morganton, NC.
What costs more or less
| Price level (U.S. = 100) | Fort Collins | Hickory |
|---|---|---|
| Housing (rent) | 120.6 | 59.6 |
| Goods | 96.1 | 96.6 |
| Utilities | 82.2 | 87.8 |
| Other services | 99.8 | 98.2 |
| Overall | 101.1 | 88.5 |
Moving with the same $100,000 salary
Fort Collins, CO → Hickory, NC
Same pay goes further
Buying power +14.3%; rent takes 14% of take-home; state tax −$210/yr.
100 Strong offer
Hickory, NC → Fort Collins, CO
Same pay buys less
Buying power −12.5%; rent takes 24% of take-home; state tax +$210/yr.
38 Weak offer
On the GS pay scale?
Fort Collins, CO is in the Denver-Aurora, CO pay area; Hickory, NC is in Charlotte-Concord, NC-SC. The last column shows what a transfer from Fort Collins, CO to Hickory, NC at the same grade and step does to real buying power.
| Grade5,2 | Fort Collins, CO | Hickory, NC | Real change, Fort Collins → Hickory |
|---|---|---|---|
| GS-9 step 1 | $68,819 | $63,098 | +4.8% |
| GS-11 step 1 | $83,265 | $76,343 | +4.8% |
| GS-12 step 1 | $99,800 | $91,503 | +4.8% |
| GS-13 step 1 | $118,675 | $108,810 | +4.8% |
| GS-14 step 1 | $140,239 | $128,581 | +4.8% |
Pay for common jobs
| Median annual pay4 | Fort Collins, CO | Hickory, NC | Hickory pay in Fort Collins dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $62,930 | $49,540 | $56,618 (−10.0%) |
| Software Developers | $133,990 | $122,540 | $140,047 (+4.5%) |
| Accountants and Auditors | $89,340 | $77,490 | $88,561 (−0.9%) |
| Registered Nurses | $97,600 | $80,060 | $91,498 (−6.3%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.