Zip 80916 (Colorado Springs, CO) Cost of Living


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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 (zip 80916), 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.

Zip 80916 (Colorado Springs, CO)

Housing costs in Colorado Springs?
A typical home costs $335,000, which is 0.9% less expensive than the national average of $338,100 and 36.5% less expensive than the average Colorado home, at $527,200. Renting a two-bedroom unit in Colorado Springs costs $1,370 per month, which is 17.0% cheaper than the national average of $1,650 and 8.0% cheaper than the state average of $1,480.

Can I afford Colorado Springs?
To live comfortably in Colorado Springs (zip 80916), Colorado, a minimum annual income of $64,080 for a family, and $43,600 for a single person is recommended.

What does A.I. say about Colorado Springs?
The cost of living in 80916 Colorado Springs, CO is considered to be slightly more expensive than the national average. The median home price in this area is around $300,000 USD, while rent prices are around $1,200 USD per month for a one-bedroom unit. Generally, groceries and other necessities tend to be on the higher side compared to other places in the country. Although housing and food can get pricey here, there are plenty of job opportunities that make up for it. Overall, 80916 Colorado Springs is an affordable yet desirable place to live that offers plenty of amenities and entertainment options.
   Cost of living score
     CategoriesColorado SpringsColoradoUnited States
  110.3120.5100.0
  96.9100.7100
  82.683.8100.0
  111.6167.5100.0
  $335,000$527,200$338,100
  93.8%98.4%100.0%
  97.8106.7100.0
  133.6120.4100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Colorado Springs
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Over 17 years ago

Excellent place to live if you enjoy the  More

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