This can cause backups that usually last for 15 minutes but can stretch for hours if there are problems with the engines. One problem for residents during local commuting is the frequent crossing of trains through major junctions downtown. The Old Town area features a large parking garage, and surrounding gathering spots have plenty of surface and lot space. Parking and driving around the city is not hard, and the Transfort bus service is generally effective. For example, New Belgium Brewing gifts a custom bike to each employee after one year of service. A robust bike-share program has helped too, as has support from local businesses. Looking for financial advice? Find a localįinancial advisor in Fort Collins, Colorado?Įasy terrain, a trail system and dedicated lanes have made biking a popular mode of transportation within the city. Read: Cheapest Car Insurance in Colorado.Read: Best Homeowners Insurance in Colorado.Read: Best Mortgage Lenders in Colorado.Some shopping areas in northern Colorado also charge an additional retail-development tax on top of the base rates.Ĭolorado has an income tax that most individuals and noncorporate businesses are subject to. Cost of living expenses in the state is on par with the national average for groceries and below the national average for utilities and transportation.Ĭolorado has a relatively low sales tax rate however, Fort Collins and Larimer County each charge additional taxes. However, homeowners in Colorado can expect to pay one of the lowest effective property tax rates in the country, and the average tax bill in Fort Collins is less than in nearby Boulder and Denver. With many people looking to move into the area, median housing prices are high and expected to climb.
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