Denver vs Colorado Springs: Cost of Living Comparison

Compare cost of living between Denver, CO and Colorado Springs, CO. Side-by-side breakdown of housing costs, rent, groceries, utilities, transportation, healthcare, state taxes, and salary equivalents.

vs
City A

Denver

Colorado

Cost Index105.8
Median Rent$1,831/mo
Median Income$95K
State Tax4.4%
Average
City B

Colorado Springs

Colorado

Cost Index100.7
Median Rent$1,648/mo
Median Income$85K
State Tax4.4%
Average
Better value overall
Salary Equivalency Calculator

How much would you need in Colorado Springs to match your lifestyle in Denver?

$80,000
Denver
$80,000
Cost Index: 105.8
Colorado Springs
$76,162
Cost Index: 100.7
You need $3,838 less in Colorado Springs to maintain the same lifestyle.
Category-by-Category Breakdown

Index scores where 100 = national average. Green highlights the city with the advantage.

Overall Cost Index-4.8%
Denver105.8
Colorado Springs100.7
Median Rent-10.0%
Denver$2K
Colorado Springs$2K
Median Income-10.5%
Denver$95K
Colorado Springs$85K
Grocery Index-68.9%
Denver321.9
Colorado Springs100.0
Utilities Index~equal
Denver100.0
Colorado Springs100.0
Transportation-70.9%
Denver343.7
Colorado Springs100.0
Healthcare~equal
Denver100.0
Colorado Springs100.0
State Tax Rate~equal
Denver4.40%
Colorado Springs4.40%
Side-by-Side Chart
Denver: Pros & Cons
Higher median income ($95K)
5% higher overall cost of living
Higher rent — $1,831/mo vs $1,648/mo
Colorado Springs: Pros & Cons
5% lower overall cost of living
Lower rent — $1,648/mo vs $1,831/mo
Lower grocery costs

Denver vs Colorado Springs – FAQ

Common questions about comparing cost of living between Denver and Colorado Springs.

Denver has a cost of living index of 105.8, while Colorado Springs scores 100.7. Denver is approximately -4.8% more expensive overall. This comparison accounts for housing, groceries, utilities, transportation, healthcare, and taxes.
Median 2-bedroom rent in Denver is $1,831/month compared to $1,648/month in Colorado Springs — a difference of 10%. Rent is typically the largest monthly expense, so this significantly impacts overall affordability.
Due to cost of living differences, you would need approximately 95% of your Denver salary to maintain the same standard of living in Colorado Springs. For example, a $75,000 salary in Denver would need to be about $71,402 in Colorado Springs. Use the salary slider above to calculate your specific equivalent.
The cost of living index is calculated using data from the Bureau of Economic Analysis (Regional Price Parities), US Census Bureau (median incomes and home values), HUD (Fair Market Rents), and Bureau of Labor Statistics (consumer price data). A score of 100 represents the national average. Scores above 100 indicate higher-than-average costs, while scores below 100 are more affordable.
Denver has a median household income of $94,718 with an unemployment rate of 3.6%. Colorado Springs has a median household income of $84,818 with an unemployment rate of 3.6%. While income is higher in Denver, remember to factor in cost of living when comparing real purchasing power.
Beyond cost of living, consider: (1) state income tax differences — some states have no income tax; (2) housing market trends and whether to rent or buy; (3) job market strength in your industry; (4) healthcare costs and access; (5) climate and lifestyle preferences; (6) commute times and transportation options; and (7) proximity to family. Our comparison tool covers the financial factors, but quality of life matters too.