CostIndexUSA

Colorado Springs, CO vs Las Vegas, NV Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostCO
Colorado Springs
100.7
overall index
$1,675/mo rent
NV
Las Vegas
100.2
overall index
$1,725/mo rent

Colorado Springs and Las Vegas have nearly identical costs of living.

Category Breakdown

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

🏠 Housing0.6%
Colorado Springs
116.2
Las Vegas
115.5
🛒 Groceries≈ Equal
Colorado Springs
96.1
Las Vegas
96.3
🚗 Transportation1.0%
Colorado Springs
104.8
Las Vegas
103.7
🏥 Healthcare1.1%
Colorado Springs
94.8
Las Vegas
93.8
Utilities+8.9%
Colorado Springs
83.2
Las Vegas
90.6

Salary Equivalency Calculator

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

$
Equivalent salary in Las Vegas, NV
$79,600
$400 less needed in Las Vegas

Formula: salary × (100.2 ÷ 100.7) = salary × 0.9950. 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×

Las Vegas, NV

Median Home Price
$426,000
Median Monthly Rent
$1,725
Housing Index
115.5
Price-to-Rent Ratio
20.6×

Colorado Springs has 0.6% lower housing costs compared to Las Vegas.

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

Las Vegas, NV

Median Household Income
$75,100
Per Capita Income
$42,800
Unemployment Rate
4.9%
Population
641,903
Top Industries
TourismGamingHealthcareConstructionRetail

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)

Las Vegas, NV
3.6×income-to-rent ratio

72% 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.