CostIndexUSA

Colorado Springs, CO vs Midland, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Colorado Springs
100.7
overall index
$1,675/mo rent
More AffordableTX
Midland
95.8
overall index
$1,575/mo rent

Midland is slightly cheaper than Colorado Springs — 4.9% lower overall cost of living.

To match an $80,000 salary in Colorado Springs, you would need $76,100 in Midland. Calculate your salary ↓

Category Breakdown

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

🏠 Housing12.7%
Colorado Springs
116.2
Midland
101.5
🛒 Groceries2.4%
Colorado Springs
96.1
Midland
93.8
🚗 Transportation3.5%
Colorado Springs
104.8
Midland
101.1
🏥 Healthcare3.6%
Colorado Springs
94.8
Midland
91.4
Utilities≈ Equal
Colorado Springs
83.2
Midland
83.2

Salary Equivalency Calculator

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

$
Equivalent salary in Midland, TX
$76,100
$3,900 less needed in Midland

Formula: salary × (95.8 ÷ 100.7) = salary × 0.9513. 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×

Midland, TX

Median Home Price
$320,000
Median Monthly Rent
$1,575
Housing Index
101.5
Price-to-Rent Ratio
16.9×

Colorado Springs has 12.7% lower housing costs compared to Midland.

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

Midland, TX

Median Household Income
$92,900
Per Capita Income
$53,000
Unemployment Rate
2.2%
Population
132,950
Top Industries
EnergyOil & GasHealthcareManufacturingFinance

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)

Midland, TX
4.9×income-to-rent ratio

80% 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.