CostIndexUSA

Charleston, SC vs Colorado Springs, CO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostSC
Charleston
101
overall index
$1,950/mo rent
CO
Colorado Springs
100.7
overall index
$1,675/mo rent

Charleston and Colorado Springs have nearly identical costs of living.

Category Breakdown

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

🏠 Housing3.0%
Charleston
119.8
Colorado Springs
116.2
🛒 Groceries≈ Equal
Charleston
96.3
Colorado Springs
96.1
🚗 Transportation+1.6%
Charleston
103.2
Colorado Springs
104.8
🏥 Healthcare+1.5%
Charleston
93.4
Colorado Springs
94.8
Utilities5.7%
Charleston
88.2
Colorado Springs
83.2

Salary Equivalency Calculator

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

$
Equivalent salary in Colorado Springs, CO
$79,800
$200 less needed in Colorado Springs

Formula: salary × (100.7 ÷ 101) = salary × 0.9970. Based on BEA Regional Price Parities.

Housing Market

Charleston, SC

Median Home Price
$425,000
Median Monthly Rent
$1,950
Housing Index
119.8
Price-to-Rent Ratio
18.2×

Colorado Springs, CO

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

Charleston has 3.0% lower housing costs compared to Colorado Springs.

Income & Job Market

Charleston, SC

Median Household Income
$85,200
Per Capita Income
$48,600
Unemployment Rate
3.4%
Population
150,227
Top Industries
MilitaryTourismHealthcareTechnologyManufacturing

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).

Charleston, SC
3.6×income-to-rent ratio

73% 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.