Colorado Springs, Colorado has an overall cost of living index of 98.1, which is 1.9 points below the US average of 100 — making it about average versus most American cities. Renters pay a median of $1,648 per month, while the typical home is valued around $452,600. Households earn a median of $84,818 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 23. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$84,818
Median Income / yr
Census ACS
$1,648
Median Rent / mo
Census ACS
$452,600
Median Home Value
Census ACS
98.1
Cost of Living Index
Studio FMR
$1,196
HUD · FY2024
1BR Fair Market Rent
$1,464
HUD · FY2024
2BR Fair Market Rent
$1,735
HUD · FY2024
3BR Fair Market Rent
$2,413
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
Each category indexed to the US average of 100. Below 100 = cheaper than average.
Overall
98.1
Goods
96.3
Rents / Housing
123.2
Services
79.4
Source: BEA Regional Price Parities (metro-level)
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | $134,300 |
| Registered Nurse | $90,930 |
| Elementary Teacher | $58,690 |
| Electrician | $60,630 |
| Accountant | $90,010 |
| Plumber | $63,450 |
| Nurse Practitioner | $307,500 |
| Civil Engineer | $103,410 |
| Operations Manager | $150,860 |
| Market Research Analyst | $81,640 |
| Health Services Manager | $131,580 |
| Truck Driver | $57,680 |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | $147,240 |
Source: BLS OEWS 2023 (metro-level data)
Population
487,887
Latest estimate
Median Age
35.7 yrs
Census ACS
23.0
Good0 = clean · 50 = moderate boundary · lower is better
Source: EPA AirNow
Total Neighborhoods
29
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,635
Per month
Avg Home Value
$411,619
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 80829 | — | $1,170 | $533,400 |
| ZIP 80831 | — | $2,106 | $444,100 |
| ZIP 80903 | — | $1,145 | $372,900 |
| ZIP 80904 | — | $1,368 | $380,400 |
| ZIP 80905 | — | $1,343 | $320,600 |
| ZIP 80906 | — | $1,556 | $505,500 |
| ZIP 80907 | — | $1,233 | $334,300 |
| ZIP 80908 | — | $1,472 | $642,900 |
| ZIP 80909 | — | $1,136 | $319,500 |
| ZIP 80910 | — | $1,211 | $250,400 |
Showing top 10 of 29 tracked neighborhoods.
January Avg
31°F
July Avg
72°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Continental · Source: NOAA/NCEI 30-year normals.
Healthcare Score
31.3
poor
Hospitals
7
Doctors per 1,000
1.00
Insurance Coverage
92.3%
Colorado Springs has a Regional Price Parity (RPP) index of 98.1. The US national average is 100, so Colorado Springs is 1.9 points below the national average.
The median gross rent in Colorado Springs is $1,648 per month according to US Census ACS data.
The median household income in Colorado Springs is $84,818 per year.
The median home value in Colorado Springs is $452,600 based on the latest Census ACS survey.
Colorado Springs has an average Air Quality Index (AQI) of 23.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
Tax data for Colorado is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
