Cost of Living in Colorado Springs, CO

Colorado Springs, CO — prices, rents and what jobs really pay here after taxes.

Price level
100.7
U.S. average = 100 · #76 of 387
Median wage
$52,710
all jobs · $3,577/mo take-home
1-bedroom rent
$1,461
HUD fair market rent

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What would you need to earn in Colorado Springs, CO to keep the same lifestyle — after taxes — as in another city?

Cost of living calculator

Uses BEA price levels plus 2026 federal and state taxes in each city's state.

Salary needed to keep your lifestyle
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    Prices in Colorado Springs, CO vs. the U.S. average

    CategoryIndex (U.S. = 100)Difference
    All items100.7+0.7%
    Housing116.2+16.2%
    Goods96.1−3.9%
    Utilities83.2−16.8%
    Other services99.8−0.2%

    Source: BEA Regional Price Parities, 2024.

    Rent in Colorado Springs, CO

    UnitMonthly rentIncome needed (30% rule)
    Studio$1,191$47,640/yr
    1 bedroom$1,461$58,440/yr
    2 bedrooms$1,727$69,080/yr
    3 bedrooms$2,402$96,080/yr
    4 bedrooms$2,736$109,440/yr

    HUD Fair Market Rents, FY2026, population-weighted across the metro's counties.

    Take-home pay in Colorado Springs, CO

    Paycheck in Colorado Springs, CO
    Deductions, kids & local tax

    2026 tax year. Federal brackets from IRS Rev. Proc. 2025-32.

    Your take-home pay
    $42,922
    per year · effective tax rate 18.6%
    $3,577Monthly
    $1,788Twice a month
    $1,651Every 2 weeks
    $20.64Hourly
    • Federal income tax$4,145
    • Social Security (6.2%)$3,268
    • Medicare (1.45%)$764
    • Colorado income tax$1,611
    • Take-home pay$42,922

    Marginal rate: 12% federal + 4.40% state

    Highest-paying jobs in Colorado Springs, CO

    JobMedian salaryTake-homeReal value*
    Computer and Information Systems Manager$192,400$135,504$134,553
    Architectural and Engineering Manager$183,400$129,259$128,351
    Sales Manager$177,780$125,665$124,782
    Financial Manager$172,680$122,403$121,544
    Aerospace Engineer$151,980$109,166$108,399
    Managers, All Other$149,120$107,337$106,583
    Computer Hardware Engineer$136,920$99,535$98,836
    Physician Assistant$135,200$98,435$97,744
    Software Developer$134,280$97,846$97,160
    Computer Network Architect$130,980$95,736$95,064
    Information Security Analyst$130,880$95,672$95,001
    Nurse Practitioner$129,950$95,077$94,410
    Engineers, All Other$129,790$94,975$94,308
    Computer Systems Analyst$128,740$94,304$93,642
    Software Quality Assurance Analyst and Tester$128,520$94,163$93,502
    Data Scientist$127,600$93,575$92,918
    Medical and Health Services Manager$125,210$92,046$91,400
    General and Operations Manager$120,770$89,186$88,560
    Electronics Engineers, Except Computer$119,330$88,237$87,617
    Dental Hygienist$118,410$87,630$87,015

    *In U.S.-average dollars after adjusting for local prices.

    Frequently asked questions

    Is Colorado Springs, CO expensive to live in?

    According to the Bureau of Economic Analysis, overall prices in the Colorado Springs, CO metro area are 100.7% of the U.S. average, with housing at 116.2%. It is the #76 most expensive of 387 metro areas we track.

    What salary do you need to live in Colorado Springs, CO?

    To match the buying power of a $60,000 salary in an average-priced U.S. city you would need about $60,424 in Colorado Springs, CO (before tax differences). The median wage across all jobs here is $52,710.

    How much is rent in Colorado Springs, CO?

    HUD’s FY2026 fair market rents for Colorado Springs, CO are $1,191 for a studio, $1,461 for one bedroom, $1,727 for two bedrooms and $2,402 for three bedrooms, including utilities.

    All salaries in Colorado Springs, CO

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