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Colorado Springs, CO Cost of Living Calculator

Prices in the Colorado Springs, CO area are 0.7% above the US average, and housing 16.2% above (BEA, 2024). Compare a salary here with anywhere else.

Prices in an average US city are 0.7% lower than in Colorado Springs, CO, so $75,000 in Colorado Springs, CO buys what $74,479 buys in an average US city.

The same living standard in an average US city
$74,479
Prices overall
-0.7%
Housing costs
-13.9%

Colorado Springs, CO price levels by category (US average = 100)

CategoryPrice levelAgainst the US
All items100.70.7% above
Housing116.216.2% above
Goods96.13.9% below
Utilities83.216.8% below
Other services99.8about the same as

What $75,000 in Colorado Springs, CO equals in other large metros

Metro areaEquivalent salaryPrices
New York, NY$83,86311.8%
Los Angeles, CA$84,60812.8%
Chicago, IL$77,1602.9%
Dallas, TX$76,7872.4%
Houston, TX$73,436−2.1%
Washington, DC$81,1078.1%
Philadelphia, PA$76,4151.9%
Atlanta, GA$74,553−0.6%
Miami, FL$85,05513.4%
Phoenix, AZ$76,9362.6%

How this calculator works

BEA regional price parities for the Colorado Springs, CO metropolitan area, 2024: the price of the same basket of goods and services against the US average (100). Equivalent salaries scale by the ratio of the two areas' price levels.

What it assumes

  • Before tax, and averaged across the whole metro area.

Questions people ask

Is Colorado Springs expensive to live in?

Overall prices are 0.7% above the US average; housing is 16.2% above.

What salary do I need in Colorado Springs, CO?

To match $75,000 in an average-cost place, about $75,525. The area's median household income is $90,144.

How much is rent in Colorado Springs, CO?

The median gross rent (including utilities) is $1,699 a month (Census American Community Survey 2020–2024 5-year estimates).

How does Colorado Springs, CO compare with New York?

New York prices are 11.8% relative to Colorado Springs, CO: $75,000 here equals $83,863 there.

Nearby and large metro areas

Related calculators

Sources

Updated by the RateHerald team. The maths is tested against worked examples; report a problem.