Cost of Living in Colorado Springs, CO
2024 data from the Bureau of Economic Analysis
Cost Index
100.7
0.7% above avg
Housing Index
116.2
Median Income
$82,334
Median Rent
$1,508/mo
Cost Breakdown
Overall100.7 (+0.7%)
Housing116.2 (+16.2%)
Goods96.1 (-3.9%)
Utilities83.2 (-16.8%)
Other Services99.8 (-0.2%)
National average = 100
Income & Housing
Median Household Income
$82,334/year
Median Home Value
$391,000
Median Monthly Rent
$1,508/mo
Per Capita Income
$41,457/year
Compare Colorado Springs, CO With
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Frequently Asked Questions
Is Colorado Springs, CO expensive to live in?
Colorado Springs, CO has a cost of living index of 100.7, which is 0.7% above the national average.
How much does housing cost in Colorado Springs, CO?
Housing costs in Colorado Springs, CO are indexed at 116.2 compared to the national average of 100. The median monthly rent is $1,508.
What is the average income in Colorado Springs, CO?
The median household income in Colorado Springs, CO is $82,334 per year.
What is the average home price in Colorado Springs, CO?
The median home value in Colorado Springs, CO is $391,000.