Cost of Living in Colorado Springs, CO (2026)

Colorado Springs's cost of living is 1% above the US average. $100,000 here is worth about $99,298 nationally. Rent, homes and monthly costs.

Colorado Springs has a cost-of-living index of 101 against a US average of 100 — about 1% above average. $100,000 of income here is worth roughly $99,298 at the national average.

What it costs to live in Colorado Springs

MeasureColorado SpringsUS average
Cost-of-living index101100
Median rent$1,562/mo-
Median home value$420,700-
Median household income$83,198-
Population483,099-

Monthly cost breakdown in Colorado Springs

Estimates use BLS Consumer Expenditure Survey shares scaled by the local cost-of-living index. Housing uses the city’s median rent; the owning column uses a 30-year mortgage at 6.7% with 10% down on the median home.

CategoryRentingOwning
Housing$1,562$2,443
Transport$1,145$1,145
Food$901$901
Healthcare$566$566
Other$2,011$2,011
Total$6,184$7,065

Affordability in Colorado Springs

Median rent takes about 22.5% of the median household income in Colorado Springs — comfortably inside the 30% rule of thumb.

The median home costs 5.1x the median household income. Three times income is the traditional comfort line; five times is where affordability usually breaks down.

Highest-paying roles in Colorado Springs

RoleTypical salaryWorth nationally
Marketing Manager$161,960$160,823
Software Developer$127,690$126,794
Data Scientist$112,820$112,028
Financial Analyst$97,130$96,448
Physical Therapist$96,930$96,250
Mechanical Engineer$95,490$94,820
Police Officer$89,590$88,961
Dental Hygienist$84,957$84,361

“Worth nationally” adjusts each salary for Colorado Springs’s cost of living, so you can compare offers between cities on equal terms.

Compare Colorado Springs with another city

What would your salary be worth in Colorado Springs?

What you earn (or want to compare)

Frequently asked questions

Colorado Springs has a cost-of-living index of 101 against a US average of 100, so it is about 1% above the national average. In practical terms, $100,000 of income in Colorado Springs has roughly the purchasing power of $99,298 at the national average.

A common benchmark is keeping rent at or under 30% of gross income. At Colorado Springs's median rent of $1,562/month that implies about $62,480 a year before tax. The median household in Colorado Springs earns $83,198.

Renting, a single household spends roughly $6,184 a month in Colorado Springs across housing, transport, food, healthcare and everything else. Buying at the median home price, the estimate is about $7,065 a month including a 30-year mortgage at 6.7% with 10% down.

The median home in Colorado Springs costs $420,700, which is 5.1x the median household income of $83,198. Lenders traditionally treat 3x as comfortable and about 5x as stretched, so Colorado Springs is expensive relative to local incomes.