Colorado Springs, CO (80905) is a great place to call home. With a 2 Bedroom rent of $1,250, the cost of living in this area is 81% lower than the US average. The Grocery Cost Index is 97 making groceries more affordable here than many other areas of the country.
The city has many local companies such as Lockheed Martin Space Systems Company, Velocity Global, and WoodmenLife Insurance. There are also several places of interest such as Garden of the Gods Park, The Broadmoor Seven Falls, and Cave Of The Winds Mountain Park among others. Colorado Springs also has plenty of other amenities such as shopping malls, restaurants, hospitals and schools that make it an ideal location to live in.
Colorado Springs (zip 80905) has an unemployment rate of 6.8%. The US average is 6.0%.
Colorado Springs (zip 80905) has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 48.4%, which is higher than the US average of 33.5%.
Tax Rates for Colorado Springs (zip 80905)
- The Sales Tax Rate for Colorado Springs (zip 80905) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Colorado Springs (zip 80905) is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Colorado Springs (zip 80905)
- The average income of a Colorado Springs (zip 80905) resident is $39,468 a year. The US average is $37,638 a year.
- The Median household income of a Colorado Springs (zip 80905) resident is $55,035 a year. The US average is $69,021 a year.