How Much Does it Cost to Live in Colorado Springs, CO?

Moving to Colorado Springs? Colorado is a popular place to move, so whether you're moving from a nearby city or making a cross-country move, it's important to understand what the cost of living is like, so you can plan your budget accordingly and ask movers questions before hiring. Read our guide to learn how much it costs to live in Colorado Springs!

Cost of living data provided by the Council for Community and Economic Research (C2ER).

How Much Does It Cost to Live in Colorado Springs?

The average cost of living in Colorado Springs is 2.1% higher than the national average, but Colorado Springs living expenses vary greatly. While housing costs are around 10% higher than the national average, certain expenses like utilities range roughly 20% lower. See more Colorado Springs cost of living comparisons below!

Cost of Housing in Colorado Springs

Housing costs in Colorado Springs are fairly high, with both home and rent prices above the national average. However, these prices are still lower than housing costs in nearby cities like Denver—and there are great affordable neighborhoods in Colorado Springs to settle down in. See detailed housing and rent prices below!

Cost of Utilities in Colorado Springs (Monthly)

The average cost of utilities in Colorado Springs ranges much lower than the national average–in fact, it's the category where residents can find the most savings. Energy costs are particularly low, with a savings of more than 36%. Explore the utility costs in Colorado Springs below.

Cost of Groceries in Colorado Springs

The cost of food in Colorado Springs is only 2.5% higher than the national average. Depending on the type of food or drink you're buying, you might find certain items are up to 7% less expensive, but for the most part, prices are in line with the national average.

Cost of Healthcare in Colorado Springs

Major healthcare costs in Colorado Springs, like doctor visits and dentist appointments, tend to cost about 5% to 7% less than the national average—making Colorado Springs quite affordable for residents. Explore more health and wellness-related costs below!

Cost of Transportation in Colorado Springs

Colorado Springs is a great city for residents who own cars, as gas prices are $0.25 cheaper per gallon than the national average. Check out more transportation and vehicle maintenance costs below.

Cost of Goods & Services in Colorado Springs

For nearly all everyday goods and services, prices stay within a dollar of the national average, with the exception of haircuts and trips to the beauty salon costing slightly more. See a full breakdown of the cost of living in Colorado Springs for goods and services below.

Frequently Asked Questions

Is it expensive to live in Colorado Springs?

Colorado Springs is an affordable place to live when compared to nearby Colorado cities like Denver, but overall, the cost of living in Colorado Springs is 2.1% higher than the national average. However, residents can still find great affordability in the cost of living when it comes to transportation and utilities.

What salary is needed to live comfortably in Colorado Springs?

To live comfortably in Colorado Springs, a single adult should aim to earn between $50,000 and $55,000 per year. Fortunately, the city’s median salary is around $58,915, which means many residents can meet or exceed the income needed to maintain a comfortable lifestyle.

What are the average monthly expenses in Colorado Springs?

For a single adult, average monthly expenses in Colorado Springs are estimated at around $1,300, excluding rent. Of course, actual costs can vary based on lifestyle and spending habits—but with thoughtful budgeting and by trimming non-essential expenses, it’s possible to manage costs effectively.

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