CostIndexUSA

Champaign, IL vs Colorado Springs, CO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIL
Champaign
92.7
overall index
$1,275/mo rent
CO
Colorado Springs
100.7
overall index
$1,675/mo rent

Champaign is moderately cheaper than Colorado Springs — 8.6% lower overall cost of living.

To match an $80,000 salary in Champaign, you would need $86,900 in Colorado Springs. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+62.3%
Champaign
71.6
Colorado Springs
116.2
🛒 Groceries+2.7%
Champaign
93.6
Colorado Springs
96.1
🚗 Transportation≈ Equal
Champaign
104.6
Colorado Springs
104.8
🏥 Healthcare≈ Equal
Champaign
94.6
Colorado Springs
94.8
Utilities8.1%
Champaign
90.5
Colorado Springs
83.2

Salary Equivalency Calculator

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

$
Equivalent salary in Colorado Springs, CO
$86,900
$6,900 more needed in Colorado Springs

Formula: salary × (100.7 ÷ 92.7) = salary × 1.0863. Based on BEA Regional Price Parities.

Housing Market

Champaign, IL

Median Home Price
$224,000
Median Monthly Rent
$1,275
Housing Index
71.6
Price-to-Rent Ratio
14.6×

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 62.3% higher housing costs compared to Champaign.

Income & Job Market

Champaign, IL

Median Household Income
$62,100
Per Capita Income
$35,400
Unemployment Rate
3.4%
Population
88,302
Top Industries
EducationHealthcareTechnologyAgricultureRetail

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).

Champaign, IL
4.1×income-to-rent ratio

75% 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.