Indexed to national average (100)
See what salary you'd need in another city to match your purchasing power in Colorado Springs.
About Colorado Springs
Colorado Springs offers access to Rocky Mountain outdoor recreation at a lower price than Denver. The military, defense, and tech sectors provide strong employment, and the city regularly ranks among the best places to live.
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Frequently Asked Questions
Is Colorado Springs expensive?
Colorado Springs has a cost of living index of 100.7, where 100 represents the national average. This is close to the national average.
What salary do you need to live comfortably in Colorado Springs?
Based on a rent-to-income ratio of 30%, you'd need at least $65,920 to afford the median 2-bedroom apartment in Colorado Springs and maintain basic expenses.
What is the median rent in Colorado Springs?
The median 2-bedroom rent in Colorado Springs is $1,648 per month, according to HUD Fair Market Rent data.