CostIndexUSA

Casper, WY vs Colorado Springs, CO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableWY
Casper
93.8
overall index
$1,225/mo rent
CO
Colorado Springs
100.7
overall index
$1,675/mo rent

Casper is moderately cheaper than Colorado Springs — 7.4% lower overall cost of living.

To match an $80,000 salary in Casper, you would need $85,900 in Colorado Springs. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+56.6%
Casper
74.2
Colorado Springs
116.2
🛒 Groceries+0.7%
Casper
95.4
Colorado Springs
96.1
🚗 Transportation0.6%
Casper
105.4
Colorado Springs
104.8
🏥 Healthcare0.6%
Casper
95.4
Colorado Springs
94.8
Utilities+5.4%
Casper
78.9
Colorado Springs
83.2

Salary Equivalency Calculator

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

$
Equivalent salary in Colorado Springs, CO
$85,900
$5,900 more needed in Colorado Springs

Formula: salary × (100.7 ÷ 93.8) = salary × 1.0736. Based on BEA Regional Price Parities.

Housing Market

Casper, WY

Median Home Price
$302,000
Median Monthly Rent
$1,225
Housing Index
74.2
Price-to-Rent Ratio
20.5×

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 56.6% higher housing costs compared to Casper.

Income & Job Market

Casper, WY

Median Household Income
$73,200
Per Capita Income
$41,700
Unemployment Rate
3.2%
Population
59,324
Top Industries
EnergyHealthcareGovernmentRetailManufacturing

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).

Casper, WY
5.0×income-to-rent ratio

80% 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.