CostIndexUSA

Colorado Springs, CO vs St. Paul, MN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableCO
Colorado Springs
100.7
overall index
$1,675/mo rent
MN
St. Paul
104.8
overall index
$1,675/mo rent

Colorado Springs is slightly cheaper than St. Paul — 4.1% lower overall cost of living.

To match an $80,000 salary in Colorado Springs, you would need $83,300 in St. Paul. Calculate your salary ↓

Category Breakdown

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

🏠 Housing3.8%
Colorado Springs
116.2
St. Paul
111.8
🛒 Groceries+7.3%
Colorado Springs
96.1
St. Paul
103.1
🚗 Transportation+4.6%
Colorado Springs
104.8
St. Paul
109.6
🏥 Healthcare+4.6%
Colorado Springs
94.8
St. Paul
99.2
Utilities+12.4%
Colorado Springs
83.2
St. Paul
93.5

Salary Equivalency Calculator

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

$
Equivalent salary in St. Paul, MN
$83,300
$3,300 more needed in St. Paul

Formula: salary × (104.8 ÷ 100.7) = salary × 1.0407. 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×

St. Paul, MN

Median Home Price
$374,000
Median Monthly Rent
$1,675
Housing Index
111.8
Price-to-Rent Ratio
18.6×

Colorado Springs has 3.8% lower housing costs compared to St. Paul.

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

St. Paul, MN

Median Household Income
$95,100
Per Capita Income
$54,200
Unemployment Rate
2.9%
Population
311,527
Top Industries
HealthcareFinanceEducationGovernmentManufacturing

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)

St. Paul, MN
4.7×income-to-rent ratio

79% 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.