City comparison
Boulder, CO vs Louisville, KY
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Boulder, CO are 13.0% higher than in Louisville, KY. Someone earning $100,000 in Louisville, KY would need about $113,000 in Boulder, CO to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,795 a month in Boulder, CO versus $1,047 in Louisville, KY. On $100,000, that's 29% of take-home pay in Boulder, CO and 17% in Louisville, KY.
- On $100,000, estimated state income tax is about $309 a year higher in Boulder, CO than in Louisville, KY.
- For federal employees, locality pay changes a GS-13 step 1 salary by −10.3% moving from Boulder, CO to Louisville, KY ($118,675 → $106,437), while prices change by −11.5%. Net effect of the transfer: +1.4% in real buying power.
- Boulder, CO: price level 105.2 (pricier)
- Louisville, KY: price level 93.1 (cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Boulder, CO | Louisville, KY | |
|---|---|---|
| Price level (U.S. = 100)2 | 105.2 | 93.1 |
| $100,000 is worth, in the other city2 | $88,472 in Louisville | $113,030 in Boulder |
| Typical 1-bedroom rent3 | $1,795/mo | $1,047/mo |
| Take-home on $100,00014,15,8 | $75,488 | $75,798 |
| State income tax on $100,000 (estimate)8 | $3,692 (CO) | $3,382 (KY) |
| Rent burden on $100,000 | 29% | 17% |
| Median pay, all jobs4 | $69,580 | $48,370 |
| Federal locality pay area7 | Denver-Aurora, CO | Rest of U.S. |
Rent areas: Boulder, CO MSA and Louisville, KY-IN HUD Metro FMR Area. Metro areas: Boulder, CO and Louisville/Jefferson County, KY-IN.
What costs more or less
| Price level (U.S. = 100) | Boulder | Louisville |
|---|---|---|
| Housing (rent) | 157.0 | 78.6 |
| Goods | 96.1 | 96.2 |
| Utilities | 82.7 | 75.0 |
| Other services | 99.8 | 96.8 |
| Overall | 105.2 | 93.1 |
Moving with the same $100,000 salary
Boulder, CO → Louisville, KY
Same pay goes further
Buying power +13.0%; rent takes 17% of take-home; state tax −$309/yr.
100 Strong offer
Louisville, KY → Boulder, CO
Same pay buys less
Buying power −11.5%; rent takes 29% of take-home; state tax +$309/yr.
32 Weak offer
On the GS pay scale?
Boulder, CO is in the Denver-Aurora, CO pay area; Louisville, KY is in Rest of U.S.. The last column shows what a transfer from Boulder, CO to Louisville, KY at the same grade and step does to real buying power.
| Grade5,2 | Boulder, CO | Louisville, KY | Real change, Boulder → Louisville |
|---|---|---|---|
| GS-9 step 1 | $68,819 | $61,722 | +1.4% |
| GS-11 step 1 | $83,265 | $74,678 | +1.4% |
| GS-12 step 1 | $99,800 | $89,508 | +1.4% |
| GS-13 step 1 | $118,675 | $106,437 | +1.4% |
| GS-14 step 1 | $140,239 | $125,776 | +1.4% |
Pay for common jobs
| Median annual pay4 | Boulder, CO | Louisville, KY | Louisville pay in Boulder dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $80,640 | $61,610 | $69,638 (−13.6%) |
| Software Developers | $164,560 | $110,270 | $124,639 (−24.3%) |
| Accountants and Auditors | $99,990 | $76,320 | $86,265 (−13.7%) |
| Registered Nurses | $103,290 | $84,850 | $95,906 (−7.1%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.