CostIndexUSA

Colorado Springs, CO vs Denver, CO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableCO
Colorado Springs
100.7
overall index
$1,675/mo rent
CO
Denver
105.8
overall index
$1,850/mo rent

Colorado Springs is moderately cheaper than Denver — 5.1% lower overall cost of living.

To match an $80,000 salary in Colorado Springs, you would need $84,000 in Denver. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+26.4%
Colorado Springs
116.2
Denver
146.9
🛒 Groceries+5.1%
Colorado Springs
96.1
Denver
101
🚗 Transportation≈ Equal
Colorado Springs
104.8
Denver
104.4
🏥 Healthcare≈ Equal
Colorado Springs
94.8
Denver
94.5
Utilities+5.6%
Colorado Springs
83.2
Denver
87.9

Salary Equivalency Calculator

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

$
Equivalent salary in Denver, CO
$84,000
$4,000 more needed in Denver

Formula: salary × (105.8 ÷ 100.7) = salary × 1.0506. Based on BEA Regional Price Parities.

Housing Market

Colorado Springs, CO

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

Denver, CO

Median Home Price
$559,000
Median Monthly Rent
$1,850
Housing Index
146.9
Price-to-Rent Ratio
25.2×

Denver has 26.4% higher housing costs compared to Colorado Springs.

Income & Job Market

Colorado Springs, CO

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

Denver, CO

Median Household Income
$103,100
Per Capita Income
$58,800
Unemployment Rate
3.6%
Population
715,522
Top Industries
TechnologyAerospaceEnergyHealthcareTourism

Affordability at a Glance

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

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

78% of income left after rent (median)

Denver, CO
4.6×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.