What is the cost of living in Colorado Springs, CO?
According to the most recent data on the cost of living, Colorado Springs has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.
Compared to Colorado, Colorado Springs has a cost of living index that's 1.1x higher than Colorado's index of 114.
The standard of living in Colorado Springs ranks as #36 most affordable out of the 111 places we measured in Colorado. By definition, that implies Colorado Springs ranks as the #75 most expensive place in the Centennial State.
For more reading on life in Colorado Springs, check out:
Colorado Springs Cost Of Living Vs. Colorado
Six factors go into calculating the cost of living index in Colorado Springs. Here is how it fares on each of the criteria:
The Services index in Colorado Springs is 103.
The Groceries index in Colorado Springs is 108.
The Health index in Colorado Springs is 152.
The Housing index in Colorado Springs is 112.
The Transportation index in Colorado Springs is 109.
The Utilities index in Colorado Springs is 104.
| Living Expense | Colorado Springs | Colorado | National Average |
|---|---|---|---|
| Overall | 122 | 114 | 100 |
| Services | 103 | 104 | 100 |
| Groceries | 108 | 107 | 100 |
| Health | 152 | 135 | 100 |
| Housing | 112 | 104 | 100 |
| Transportation | 109 | 107 | 100 |
| Utilities | 104 | 107 | 100 |
Colorado Springs Cost Of Living Compared To Colorado Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Colorado, check out:
Protect your home budget Compare home warranties in Colorado Springs Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Colorado Springs, CO Housing Cost Breakdown
Housing swings affordability the most between places in Colorado, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Colorado Springs is $449,451.
The Median Rent in Colorado Springs is $1,648.
The Median Income in Colorado Springs is $84,818.
The Home Value To Income in Colorado Springs is 5.3x.
The Rent To Monthly Income in Colorado Springs is 0.23x.
| Statistic | Colorado Springs | Colorado | United States |
|---|---|---|---|
| Median Home Value | $449,451 | $541,842 | $332,700 |
| Median Rent | $1,648 | $1,761 | $1,413 |
| Median Income | $84,818 | $95,470 | $80,734 |
| Home Value To Income | 5.3x | 5.7x | 4.1x |
| Rent To Monthly Income | 0.23x | 0.22x | 0.21x |
Colorado Springs, CO Costs By Category
Detailed Colorado Springs Services costs vs. Colorado
| Item | Colorado Springs | Colorado |
|---|---|---|
| Shampoo | $1.29 | $1.28 |
| Movie | $11.74 | $12.13 |
| Bowling | $18.6 | $18 |
| Haircut | $33.33 | $24.26 |
| Beauty Salon | $47.14 | $45.56 |
Detailed Colorado Springs Groceries costs vs. Colorado
| Item | Colorado Springs | Colorado |
|---|---|---|
| Ground Beef | $5.52 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.69 | $4.67 |
| Potatoes | $4.14 | $4.93 |
| Pizza | $12.36 | $12.09 |
| Beer | $10.75 | $10.41 |
| Toothpaste | $3.61 | $3.7 |
Detailed Colorado Springs Health costs vs. Colorado
| Item | Colorado Springs | Colorado |
|---|---|---|
| Optometrist | $115.89 | $125.68 |
| Doctor | $148.28 | $135.78 |
| Dentist | $118.46 | $113.29 |
Detailed Colorado Springs Transportation costs vs. Colorado
| Item | Colorado Springs | Colorado |
|---|---|---|
| Gasoline | $3.64 | $3.46 |
| Tire Balancing | $60.47 | $59.92 |
Detailed Colorado Springs Utilities costs vs. Colorado
| Item | Colorado Springs | Colorado |
|---|---|---|
| All Electricity | $191.51 | $193.99 |
| Phone | $189.92 | $192.25 |
Colorado Springs SnackAbility
Cost Of Living In Cities Around Colorado Springs
The cost of living varies in the cities and towns around Colorado Springs. Here's a quick look at the cost of living in the most populous nearby places:
Security-Widefield, CO has a cost of living index of 117, 1.0x Colorado Springs.
Fountain, CO has a cost of living index of 118, 1.0x Colorado Springs.
Cimarron Hills, CO has a cost of living index of 112, 0.9x Colorado Springs.
| City | Population | Cost Of Living | Vs. Colorado Springs |
|---|---|---|---|
| Security-Widefield, CO | 37,345 | 117 | 1.0x |
| Fountain, CO | 29,300 | 118 | 1.0x |
| Cimarron Hills, CO | 19,817 | 112 | 0.9x |
| Fort Carson, CO | 18,019 | 127 | 1.0x |
| Black Forest, CO | 15,738 | 172 | 1.4x |
| Monument, CO | 11,735 | 138 | 1.1x |
| Woodmoor, CO | 8,934 | 149 | 1.2x |
| Woodland Park, CO | 7,949 | 129 | 1.1x |
| Air Force Academy, CO | 6,727 | 132 | 1.1x |
| Gleneagle, CO | 6,440 | 135 | 1.1x |
