CostIndexUSA

Colorado Springs, CO vs Missoula, MT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Colorado Springs
100.7
overall index
$1,675/mo rent
More AffordableMT
Missoula
96.4
overall index
$1,550/mo rent

Missoula is slightly cheaper than Colorado Springs — 4.3% lower overall cost of living.

To match an $80,000 salary in Colorado Springs, you would need $76,600 in Missoula. Calculate your salary ↓

Category Breakdown

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

🏠 Housing18.3%
Colorado Springs
116.2
Missoula
94.9
🛒 Groceries≈ Equal
Colorado Springs
96.1
Missoula
96
🚗 Transportation1.0%
Colorado Springs
104.8
Missoula
103.7
🏥 Healthcare1.1%
Colorado Springs
94.8
Missoula
93.8
Utilities13.3%
Colorado Springs
83.2
Missoula
72.1

Salary Equivalency Calculator

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

$
Equivalent salary in Missoula, MT
$76,600
$3,400 less needed in Missoula

Formula: salary × (96.4 ÷ 100.7) = salary × 0.9573. 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×

Missoula, MT

Median Home Price
$552,000
Median Monthly Rent
$1,550
Housing Index
94.9
Price-to-Rent Ratio
29.7×

Colorado Springs has 18.3% lower housing costs compared to Missoula.

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

Missoula, MT

Median Household Income
$73,300
Per Capita Income
$41,800
Unemployment Rate
2.5%
Population
73,489
Top Industries
EducationHealthcareTourismGovernmentRetail

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)

Missoula, MT
3.9×income-to-rent ratio

75% 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.