Colorado Springs, CO Cost of Living


199 Reviews



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How much do I need to live in Colorado Springs, Colorado?
$7,020 / month
for a family, 30.0% more expensive than the national average
$4,233 / month
for a single person, 11.2% less expensive than the national average

Colorado Springs cost of living score
110.3
More expensive
10.3% higher
than the US average
8.5% lower
than the Colorado average
Colorado Springs, Colorado gets a BestPlaces Cost of Living score of 110.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.3% higher than the U.S. average and 8.5% higher than the average for Colorado.

Colorado Springs, CO

Housing costs in Colorado Springs?
A typical home costs $440,500, which is 30.3% more expensive than the national average of $338,100 and 16.4% less expensive than the average Colorado home, at $527,200. Renting a two-bedroom unit in Colorado Springs costs $1,590 per month, which is 11.2% more than the national average of $1,430 and 3.8% cheaper than the state average of $1,650.

Can I afford Colorado Springs?
To live comfortably in Colorado Springs, Colorado, a minimum annual income of $84,240 for a family, and $50,800 for a single person is recommended.

What does A.I. say about Colorado Springs?
Colorado Springs, Colorado offers plenty of wonderful attractions along with an impressive cost-of-living that makes it well worth considering. Homeowners can find plenty of housing options ranging from low cost single family homes to luxurious high rises - while renters have access to more attractive deals these days. Furthermore, groceries and transportation costs are relatively low compared with other parts of the country - giving you more value for your dollar.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesColorado SpringsColoradoUnited States
  110.3120.5100.0
  98.4100.7100
  82.683.8100.0
  140.9167.5100.0
  $440,500$527,200$338,100
  92.498.4100
  95.1106.7100.0
  132.6120.4100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Colorado Springs
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I grew up in Colorado Springs, left for the military, and moved back in 2008. It is not the same place I grew up in or what it was 15 years ago. High crime,  More

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Moved here from san diego. All expenses went up with exception to gas. San diego may not have an affordable housing market, but with all others equal san diego is still  More

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Moved here in the summer from one of the hottest places on earth and my quality of life has gone up dramatically. I can walk outside, there are enormous mountains to  More

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