I am from Colorado and went to school in Fort Collins. It maybe be small nationally, but it’s probably the 4th biggest tech area in CO after Denver, DTC, and Colorado Springs. Cost of living is surprisingly high unless you live in student housing.
For apples-to-apples, you’d look at Denver. We’re talking about the state’s 4th largest city which is 65 miles away from the capital and otherwise in the middle of nowhere. It’s extremely expensive for what it is
My daughter had grand plans of "renting a big house with a bunch of her friends" for her first year out of high school in Fort Collins. A couple of weeks ago she told me how all of her friends now plan on staying at home. Apparently she looked up rental prices. :-)