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.
Median Household Income
$84,818
Annual · Census ACS
Median Gross Rent
$1,648
Per month · Census ACS
Median Home Value
$452,600
Census ACS
Cost of Living Index
98.1
BEA RPP · US avg = 100
Studio FMR
$1,196
HUD Fair Market Rent
1BR Fair Market Rent
$1,464
HUD FMR
2BR Fair Market Rent
$1,735
HUD FMR
3BR Fair Market Rent
$2,413
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
Each category is 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
Average AQI
23.0
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
52
0–100 scale
Avg Median Rent
$1,510
Per month
Avg Home Value
$440,680
Census ACS
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%
What is the cost of living index for Colorado Springs?
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.
What is the median rent in Colorado Springs?
The median gross rent in Colorado Springs is $1,648 per month according to US Census ACS data.
What is the median household income in Colorado Springs?
The median household income in Colorado Springs is $84,818 per year.
What is the median home value in Colorado Springs?
The median home value in Colorado Springs is $452,600 based on the latest Census ACS survey.
How is the air quality in Colorado Springs?
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.
What are the taxes like in Colorado Springs?
Tax data for Colorado is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
