CostIndexUSA

Cary, NC vs Colorado Springs, CO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNC
Cary
98.2
overall index
$1,650/mo rent
CO
Colorado Springs
100.7
overall index
$1,675/mo rent

Cary is slightly cheaper than Colorado Springs — 2.5% lower overall cost of living.

To match an $80,000 salary in Cary, you would need $82,000 in Colorado Springs. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+12.3%
Cary
103.5
Colorado Springs
116.2
🛒 Groceries≈ Equal
Cary
96.6
Colorado Springs
96.1
🚗 Transportation+1.6%
Cary
103.1
Colorado Springs
104.8
🏥 Healthcare+1.6%
Cary
93.3
Colorado Springs
94.8
Utilities6.5%
Cary
89
Colorado Springs
83.2

Salary Equivalency Calculator

Enter your current salary in Cary to see what you'd need to earn in Colorado Springs to maintain the same purchasing power.

$
Equivalent salary in Colorado Springs, CO
$82,000
$2,000 more needed in Colorado Springs

Formula: salary × (100.7 ÷ 98.2) = salary × 1.0255. Based on BEA Regional Price Parities.

Housing Market

Cary, NC

Median Home Price
$428,000
Median Monthly Rent
$1,650
Housing Index
103.5
Price-to-Rent Ratio
21.6×

Colorado Springs, CO

Median Home Price
$448,000
Median Monthly Rent
$1,675
Housing Index
116.2
Price-to-Rent Ratio
22.3×

Colorado Springs has 12.3% higher housing costs compared to Cary.

Income & Job Market

Cary, NC

Median Household Income
$96,100
Per Capita Income
$54,800
Unemployment Rate
3.5%
Population
174,721
Top Industries
TechnologyFinanceHealthcareEducationResearch

Colorado Springs, CO

Median Household Income
$89,800
Per Capita Income
$51,200
Unemployment Rate
4.2%
Population
478,961
Top Industries
MilitaryAerospaceTechnologyHealthcareTourism

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Cary, NC
4.9×income-to-rent ratio

79% of income left after rent (median)

Colorado Springs, CO
4.5×income-to-rent ratio

78% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.