How much will it cost and what do you need to save?
| Estimated Annual Cost in 2041 | $57,873 |
| Monthly savings required | $257 |
How much will it cost to send your child to Pikes Peak Community College in 18 years and how much do you need to save? A 2 year degree is estimated to be priced at $115,746.47 for students enrolling in 2041 if tuition increases average 5% per year until then. Assuming you have no current college savings, monthly deposits of $257.21 into a 529 or other college savings plan earning and after tax or tax exempt return of 7% will be necessary to achieve this balance.
| Current Annual Cost | $23,461.00 |
| Years until enrollment | 18 |
| Annual Tuition Increase | 5% |
| Current Savings | $0.00 |
| After Tax Return on Savings | 7% |
| Years of enrollment | 2 |
Discover how much will you need to start saving now to afford Pikes Peak Community College in the future.
| Month | Begin | Deposit | Withdraw | Interest | End |
|---|---|---|---|---|---|
| 1 | $0.00 | $257.21 | $0.00 | $0.00 | $257.21 |
| 2 | $257.21 | $257.21 | $0.00 | $1.45 | $515.87 |
| 3 | $515.87 | $257.21 | $0.00 | $2.92 | $776.00 |
| 4 | $776.00 | $257.21 | $0.00 | $4.39 | $1,037.60 |
| 5 | $1,037.60 | $257.21 | $0.00 | $5.87 | $1,300.68 |
| 6 | $1,300.68 | $257.21 | $0.00 | $7.35 | $1,565.24 |
| 7 | $1,565.24 | $257.21 | $0.00 | $8.85 | $1,831.30 |
| 8 | $1,831.30 | $257.21 | $0.00 | $10.35 | $2,098.86 |
| 9 | $2,098.86 | $257.21 | $0.00 | $11.87 | $2,367.94 |
| 10 | $2,367.94 | $257.21 | $0.00 | $13.39 | $2,638.54 |
| 11 | $2,638.54 | $257.21 | $0.00 | $14.92 | $2,910.67 |
| 12 | $2,910.67 | $257.21 | $0.00 | $16.46 | $3,184.34 |
| 13 | $3,184.34 | $257.21 | $0.00 | $18.00 | $3,459.55 |
| 14 | $3,459.55 | $257.21 | $0.00 | $19.56 | $3,736.32 |
| 15 | $3,736.32 | $257.21 | $0.00 | $21.13 | $4,014.66 |
| 16 | $4,014.66 | $257.21 | $0.00 | $22.70 | $4,294.57 |
| 17 | $4,294.57 | $257.21 | $0.00 | $24.28 | $4,576.06 |
| 18 | $4,576.06 | $257.21 | $0.00 | $25.87 | $4,859.14 |
| 19 | $4,859.14 | $257.21 | $0.00 | $27.47 | $5,143.82 |
| 20 | $5,143.82 | $257.21 | $0.00 | $29.08 | $5,430.11 |
| 21 | $5,430.11 | $257.21 | $0.00 | $30.70 | $5,718.02 |
| 22 | $5,718.02 | $257.21 | $0.00 | $32.33 | $6,007.56 |
| 23 | $6,007.56 | $257.21 | $0.00 | $33.97 | $6,298.74 |
| 24 | $6,298.74 | $257.21 | $0.00 | $35.61 | $6,591.56 |
| 25 | $6,591.56 | $257.21 | $0.00 | $37.27 | $6,886.04 |
| 26 | $6,886.04 | $257.21 | $0.00 | $38.93 | $7,182.18 |
| 27 | $7,182.18 | $257.21 | $0.00 | $40.61 | $7,480.00 |
| 28 | $7,480.00 | $257.21 | $0.00 | $42.29 | $7,779.50 |
| 29 | $7,779.50 | $257.21 | $0.00 | $43.99 | $8,080.70 |
| 30 | $8,080.70 | $257.21 | $0.00 | $45.69 | $8,383.60 |
| 31 | $8,383.60 | $257.21 | $0.00 | $47.40 | $8,688.21 |
| 32 | $8,688.21 | $257.21 | $0.00 | $49.12 | $8,994.54 |
| 33 | $8,994.54 | $257.21 | $0.00 | $50.86 | $9,302.61 |
| 34 | $9,302.61 | $257.21 | $0.00 | $52.60 | $9,612.42 |
| 35 | $9,612.42 | $257.21 | $0.00 | $54.35 | $9,923.98 |
| 36 | $9,923.98 | $257.21 | $0.00 | $56.11 | $10,237.30 |
| 37 | $10,237.30 | $257.21 | $0.00 | $57.88 | $10,552.39 |
| 38 | $10,552.39 | $257.21 | $0.00 | $59.66 | $10,869.26 |
| 39 | $10,869.26 | $257.21 | $0.00 | $61.46 | $11,187.93 |
| 40 | $11,187.93 | $257.21 | $0.00 | $63.26 | $11,508.40 |
| 41 | $11,508.40 | $257.21 | $0.00 | $65.07 | $11,830.68 |
| 42 | $11,830.68 | $257.21 | $0.00 | $66.89 | $12,154.78 |
| 43 | $12,154.78 | $257.21 | $0.00 | $68.72 | $12,480.71 |
| 44 | $12,480.71 | $257.21 | $0.00 | $70.57 | $12,808.49 |
| 45 | $12,808.49 | $257.21 | $0.00 | $72.42 | $13,138.12 |
| 46 | $13,138.12 | $257.21 | $0.00 | $74.28 | $13,469.61 |
| 47 | $13,469.61 | $257.21 | $0.00 | $76.16 | $13,802.98 |
| 48 | $13,802.98 | $257.21 | $0.00 | $78.04 | $14,138.23 |
| 49 | $14,138.23 | $257.21 | $0.00 | $79.94 | $14,475.38 |
| 50 | $14,475.38 | $257.21 | $0.00 | $81.85 | $14,814.44 |
| 51 | $14,814.44 | $257.21 | $0.00 | $83.76 | $15,155.41 |
| 52 | $15,155.41 | $257.21 | $0.00 | $85.69 | $15,498.31 |
| 53 | $15,498.31 | $257.21 | $0.00 | $87.63 | $15,843.15 |
| 54 | $15,843.15 | $257.21 | $0.00 | $89.58 | $16,189.94 |
| 55 | $16,189.94 | $257.21 | $0.00 | $91.54 | $16,538.69 |
| 56 | $16,538.69 | $257.21 | $0.00 | $93.51 | $16,889.41 |
| 57 | $16,889.41 | $257.21 | $0.00 | $95.50 | $17,242.12 |
| 58 | $17,242.12 | $257.21 | $0.00 | $97.49 | $17,596.82 |
| 59 | $17,596.82 | $257.21 | $0.00 | $99.49 | $17,953.52 |
| 60 | $17,953.52 | $257.21 | $0.00 | $101.51 | $18,312.24 |
| 61 | $18,312.24 | $257.21 | $0.00 | $103.54 | $18,672.99 |
| 62 | $18,672.99 | $257.21 | $0.00 | $105.58 | $19,035.78 |
| 63 | $19,035.78 | $257.21 | $0.00 | $107.63 | $19,400.62 |
| 64 | $19,400.62 | $257.21 | $0.00 | $109.69 | $19,767.52 |
| 65 | $19,767.52 | $257.21 | $0.00 | $111.77 | $20,136.50 |
| 66 | $20,136.50 | $257.21 | $0.00 | $113.85 | $20,507.56 |
| 67 | $20,507.56 | $257.21 | $0.00 | $115.95 | $20,880.72 |
| 68 | $20,880.72 | $257.21 | $0.00 | $118.06 | $21,255.99 |
| 69 | $21,255.99 | $257.21 | $0.00 | $120.18 | $21,633.38 |
| 70 | $21,633.38 | $257.21 | $0.00 | $122.32 | $22,012.91 |
| 71 | $22,012.91 | $257.21 | $0.00 | $124.46 | $22,394.58 |
| 72 | $22,394.58 | $257.21 | $0.00 | $126.62 | $22,778.41 |
| 73 | $22,778.41 | $257.21 | $0.00 | $128.79 | $23,164.41 |
| 74 | $23,164.41 | $257.21 | $0.00 | $130.97 | $23,552.59 |
| 75 | $23,552.59 | $257.21 | $0.00 | $133.17 | $23,942.97 |
| 76 | $23,942.97 | $257.21 | $0.00 | $135.38 | $24,335.56 |
| 77 | $24,335.56 | $257.21 | $0.00 | $137.60 | $24,730.37 |
| 78 | $24,730.37 | $257.21 | $0.00 | $139.83 | $25,127.41 |
| 79 | $25,127.41 | $257.21 | $0.00 | $142.07 | $25,526.69 |
| 80 | $25,526.69 | $257.21 | $0.00 | $144.33 | $25,928.23 |
| 81 | $25,928.23 | $257.21 | $0.00 | $146.60 | $26,332.04 |
| 82 | $26,332.04 | $257.21 | $0.00 | $148.89 | $26,738.14 |
| 83 | $26,738.14 | $257.21 | $0.00 | $151.18 | $27,146.53 |
| 84 | $27,146.53 | $257.21 | $0.00 | $153.49 | $27,557.23 |
| 85 | $27,557.23 | $257.21 | $0.00 | $155.81 | $27,970.25 |
| 86 | $27,970.25 | $257.21 | $0.00 | $158.15 | $28,385.61 |
| 87 | $28,385.61 | $257.21 | $0.00 | $160.50 | $28,803.32 |
| 88 | $28,803.32 | $257.21 | $0.00 | $162.86 | $29,223.39 |
| 89 | $29,223.39 | $257.21 | $0.00 | $165.23 | $29,645.83 |
| 90 | $29,645.83 | $257.21 | $0.00 | $167.62 | $30,070.66 |
| 91 | $30,070.66 | $257.21 | $0.00 | $170.02 | $30,497.89 |
| 92 | $30,497.89 | $257.21 | $0.00 | $172.44 | $30,927.54 |
| 93 | $30,927.54 | $257.21 | $0.00 | $174.87 | $31,359.62 |
| 94 | $31,359.62 | $257.21 | $0.00 | $177.31 | $31,794.14 |
| 95 | $31,794.14 | $257.21 | $0.00 | $179.77 | $32,231.12 |
| 96 | $32,231.12 | $257.21 | $0.00 | $182.24 | $32,670.57 |
| 97 | $32,670.57 | $257.21 | $0.00 | $184.72 | $33,112.50 |
| 98 | $33,112.50 | $257.21 | $0.00 | $187.22 | $33,556.93 |
| 99 | $33,556.93 | $257.21 | $0.00 | $189.74 | $34,003.88 |
| 100 | $34,003.88 | $257.21 | $0.00 | $192.26 | $34,453.35 |
| 101 | $34,453.35 | $257.21 | $0.00 | $194.80 | $34,905.36 |
| 102 | $34,905.36 | $257.21 | $0.00 | $197.36 | $35,359.93 |
| 103 | $35,359.93 | $257.21 | $0.00 | $199.93 | $35,817.07 |
| 104 | $35,817.07 | $257.21 | $0.00 | $202.51 | $36,276.79 |
| 105 | $36,276.79 | $257.21 | $0.00 | $205.11 | $36,739.11 |
| 106 | $36,739.11 | $257.21 | $0.00 | $207.73 | $37,204.05 |
| 107 | $37,204.05 | $257.21 | $0.00 | $210.36 | $37,671.62 |
| 108 | $37,671.62 | $257.21 | $0.00 | $213.00 | $38,141.83 |
| 109 | $38,141.83 | $257.21 | $0.00 | $215.66 | $38,614.70 |
| 110 | $38,614.70 | $257.21 | $0.00 | $218.33 | $39,090.24 |
| 111 | $39,090.24 | $257.21 | $0.00 | $221.02 | $39,568.47 |
| 112 | $39,568.47 | $257.21 | $0.00 | $223.73 | $40,049.41 |
| 113 | $40,049.41 | $257.21 | $0.00 | $226.45 | $40,533.07 |
| 114 | $40,533.07 | $257.21 | $0.00 | $229.18 | $41,019.46 |
| 115 | $41,019.46 | $257.21 | $0.00 | $231.93 | $41,508.60 |
| 116 | $41,508.60 | $257.21 | $0.00 | $234.70 | $42,000.51 |
| 117 | $42,000.51 | $257.21 | $0.00 | $237.48 | $42,495.20 |
| 118 | $42,495.20 | $257.21 | $0.00 | $240.27 | $42,992.68 |
| 119 | $42,992.68 | $257.21 | $0.00 | $243.09 | $43,492.98 |
| 120 | $43,492.98 | $257.21 | $0.00 | $245.92 | $43,996.11 |
| 121 | $43,996.11 | $257.21 | $0.00 | $248.76 | $44,502.08 |
| 122 | $44,502.08 | $257.21 | $0.00 | $251.62 | $45,010.91 |
| 123 | $45,010.91 | $257.21 | $0.00 | $254.50 | $45,522.62 |
| 124 | $45,522.62 | $257.21 | $0.00 | $257.39 | $46,037.22 |
| 125 | $46,037.22 | $257.21 | $0.00 | $260.30 | $46,554.73 |
| 126 | $46,554.73 | $257.21 | $0.00 | $263.23 | $47,075.17 |
| 127 | $47,075.17 | $257.21 | $0.00 | $266.17 | $47,598.55 |
| 128 | $47,598.55 | $257.21 | $0.00 | $269.13 | $48,124.89 |
| 129 | $48,124.89 | $257.21 | $0.00 | $272.11 | $48,654.21 |
| 130 | $48,654.21 | $257.21 | $0.00 | $275.10 | $49,186.52 |
| 131 | $49,186.52 | $257.21 | $0.00 | $278.11 | $49,721.84 |
| 132 | $49,721.84 | $257.21 | $0.00 | $281.13 | $50,260.18 |
| 133 | $50,260.18 | $257.21 | $0.00 | $284.18 | $50,801.57 |
| 134 | $50,801.57 | $257.21 | $0.00 | $287.24 | $51,346.02 |
| 135 | $51,346.02 | $257.21 | $0.00 | $290.32 | $51,893.55 |
| 136 | $51,893.55 | $257.21 | $0.00 | $293.41 | $52,444.17 |
| 137 | $52,444.17 | $257.21 | $0.00 | $296.53 | $52,997.91 |
| 138 | $52,997.91 | $257.21 | $0.00 | $299.66 | $53,554.78 |
| 139 | $53,554.78 | $257.21 | $0.00 | $302.81 | $54,114.80 |
| 140 | $54,114.80 | $257.21 | $0.00 | $305.97 | $54,677.98 |
| 141 | $54,677.98 | $257.21 | $0.00 | $309.16 | $55,244.35 |
| 142 | $55,244.35 | $257.21 | $0.00 | $312.36 | $55,813.92 |
| 143 | $55,813.92 | $257.21 | $0.00 | $315.58 | $56,386.71 |
| 144 | $56,386.71 | $257.21 | $0.00 | $318.82 | $56,962.74 |
| 145 | $56,962.74 | $257.21 | $0.00 | $322.08 | $57,542.03 |
| 146 | $57,542.03 | $257.21 | $0.00 | $325.35 | $58,124.59 |
| 147 | $58,124.59 | $257.21 | $0.00 | $328.64 | $58,710.44 |
| 148 | $58,710.44 | $257.21 | $0.00 | $331.96 | $59,299.61 |
| 149 | $59,299.61 | $257.21 | $0.00 | $335.29 | $59,892.11 |
| 150 | $59,892.11 | $257.21 | $0.00 | $338.64 | $60,487.96 |
| 151 | $60,487.96 | $257.21 | $0.00 | $342.01 | $61,087.18 |
| 152 | $61,087.18 | $257.21 | $0.00 | $345.40 | $61,689.79 |
| 153 | $61,689.79 | $257.21 | $0.00 | $348.80 | $62,295.80 |
| 154 | $62,295.80 | $257.21 | $0.00 | $352.23 | $62,905.24 |
| 155 | $62,905.24 | $257.21 | $0.00 | $355.68 | $63,518.13 |
| 156 | $63,518.13 | $257.21 | $0.00 | $359.14 | $64,134.48 |
| 157 | $64,134.48 | $257.21 | $0.00 | $362.63 | $64,754.32 |
| 158 | $64,754.32 | $257.21 | $0.00 | $366.13 | $65,377.66 |
| 159 | $65,377.66 | $257.21 | $0.00 | $369.65 | $66,004.52 |
| 160 | $66,004.52 | $257.21 | $0.00 | $373.20 | $66,634.93 |
| 161 | $66,634.93 | $257.21 | $0.00 | $376.76 | $67,268.90 |
| 162 | $67,268.90 | $257.21 | $0.00 | $380.35 | $67,906.46 |
| 163 | $67,906.46 | $257.21 | $0.00 | $383.95 | $68,547.62 |
| 164 | $68,547.62 | $257.21 | $0.00 | $387.58 | $69,192.41 |
| 165 | $69,192.41 | $257.21 | $0.00 | $391.22 | $69,840.84 |
| 166 | $69,840.84 | $257.21 | $0.00 | $394.89 | $70,492.94 |
| 167 | $70,492.94 | $257.21 | $0.00 | $398.58 | $71,148.73 |
| 168 | $71,148.73 | $257.21 | $0.00 | $402.29 | $71,808.23 |
| 169 | $71,808.23 | $257.21 | $0.00 | $406.01 | $72,471.45 |
| 170 | $72,471.45 | $257.21 | $0.00 | $409.76 | $73,138.42 |
| 171 | $73,138.42 | $257.21 | $0.00 | $413.54 | $73,809.17 |
| 172 | $73,809.17 | $257.21 | $0.00 | $417.33 | $74,483.71 |
| 173 | $74,483.71 | $257.21 | $0.00 | $421.14 | $75,162.06 |
| 174 | $75,162.06 | $257.21 | $0.00 | $424.98 | $75,844.25 |
| 175 | $75,844.25 | $257.21 | $0.00 | $428.83 | $76,530.29 |
| 176 | $76,530.29 | $257.21 | $0.00 | $432.71 | $77,220.21 |
| 177 | $77,220.21 | $257.21 | $0.00 | $436.61 | $77,914.03 |
| 178 | $77,914.03 | $257.21 | $0.00 | $440.54 | $78,611.78 |
| 179 | $78,611.78 | $257.21 | $0.00 | $444.48 | $79,313.47 |
| 180 | $79,313.47 | $257.21 | $0.00 | $448.45 | $80,019.13 |
| 181 | $80,019.13 | $257.21 | $0.00 | $452.44 | $80,728.78 |
| 182 | $80,728.78 | $257.21 | $0.00 | $456.45 | $81,442.44 |
| 183 | $81,442.44 | $257.21 | $0.00 | $460.49 | $82,160.14 |
| 184 | $82,160.14 | $257.21 | $0.00 | $464.55 | $82,881.90 |
| 185 | $82,881.90 | $257.21 | $0.00 | $468.63 | $83,607.74 |
| 186 | $83,607.74 | $257.21 | $0.00 | $472.73 | $84,337.68 |
| 187 | $84,337.68 | $257.21 | $0.00 | $476.86 | $85,071.75 |
| 188 | $85,071.75 | $257.21 | $0.00 | $481.01 | $85,809.97 |
| 189 | $85,809.97 | $257.21 | $0.00 | $485.18 | $86,552.36 |
| 190 | $86,552.36 | $257.21 | $0.00 | $489.38 | $87,298.95 |
| 191 | $87,298.95 | $257.21 | $0.00 | $493.60 | $88,049.76 |
| 192 | $88,049.76 | $257.21 | $0.00 | $497.85 | $88,804.82 |
| 193 | $88,804.82 | $257.21 | $0.00 | $502.12 | $89,564.15 |
| 194 | $89,564.15 | $257.21 | $0.00 | $506.41 | $90,327.77 |
| 195 | $90,327.77 | $257.21 | $0.00 | $510.73 | $91,095.71 |
| 196 | $91,095.71 | $257.21 | $0.00 | $515.07 | $91,867.99 |
| 197 | $91,867.99 | $257.21 | $0.00 | $519.43 | $92,644.63 |
| 198 | $92,644.63 | $257.21 | $0.00 | $523.83 | $93,425.67 |
| 199 | $93,425.67 | $257.21 | $0.00 | $528.24 | $94,211.12 |
| 200 | $94,211.12 | $257.21 | $0.00 | $532.68 | $95,001.01 |
| 201 | $95,001.01 | $257.21 | $0.00 | $537.15 | $95,795.37 |
| 202 | $95,795.37 | $257.21 | $0.00 | $541.64 | $96,594.22 |
| 203 | $96,594.22 | $257.21 | $0.00 | $546.16 | $97,397.59 |
| 204 | $97,397.59 | $257.21 | $0.00 | $550.70 | $98,205.50 |
| 205 | $98,205.50 | $257.21 | $0.00 | $555.27 | $99,017.98 |
| 206 | $99,017.98 | $257.21 | $0.00 | $559.86 | $99,835.05 |
| 207 | $99,835.05 | $257.21 | $0.00 | $564.48 | $100,656.74 |
| 208 | $100,656.74 | $257.21 | $0.00 | $569.13 | $101,483.08 |
| 209 | $101,483.08 | $257.21 | $0.00 | $573.80 | $102,314.09 |
| 210 | $102,314.09 | $257.21 | $0.00 | $578.50 | $103,149.80 |
| 211 | $103,149.80 | $257.21 | $0.00 | $583.22 | $103,990.23 |
| 212 | $103,990.23 | $257.21 | $0.00 | $587.98 | $104,835.42 |
| 213 | $104,835.42 | $257.21 | $0.00 | $592.75 | $105,685.38 |
| 214 | $105,685.38 | $257.21 | $0.00 | $597.56 | $106,540.15 |
| 215 | $106,540.15 | $257.21 | $0.00 | $602.39 | $107,399.75 |
| 216 | $107,399.75 | $257.21 | $0.00 | $607.25 | $108,264.21 |
| 217 | $108,264.21 | $257.21 | $56,461.69 | $612.14 | $52,671.87 |
| 218 | $52,671.87 | $257.21 | $0.00 | $297.81 | $53,226.89 |
| 219 | $53,226.89 | $257.21 | $0.00 | $300.95 | $53,785.05 |
| 220 | $53,785.05 | $257.21 | $0.00 | $304.11 | $54,346.37 |
| 221 | $54,346.37 | $257.21 | $0.00 | $307.28 | $54,910.86 |
| 222 | $54,910.86 | $257.21 | $0.00 | $310.47 | $55,478.54 |
| 223 | $55,478.54 | $257.21 | $0.00 | $313.68 | $56,049.43 |
| 224 | $56,049.43 | $257.21 | $0.00 | $316.91 | $56,623.55 |
| 225 | $56,623.55 | $257.21 | $0.00 | $320.16 | $57,200.92 |
| 226 | $57,200.92 | $257.21 | $0.00 | $323.42 | $57,781.55 |
| 227 | $57,781.55 | $257.21 | $0.00 | $326.71 | $58,365.47 |
| 228 | $58,365.47 | $257.21 | $0.00 | $330.01 | $58,952.69 |
| 229 | $58,952.69 | $0.00 | $59,284.78 | $333.33 | $1.24 |