Median rent is 19% lower in Baltimore ($1,331/mo vs $1,648/mo). Buying is cheaper in Baltimore, where the median home runs $229,600 versus $452,600. Households earn more in Colorado Springs ($84,818 vs $62,177 a year). Taken together, Colorado Springs is the more affordable choice with a cost index of 98.1 against 103.2 — about 5% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Colorado Springs, CO.
Cost of living verdict
Colorado Springs is 5% cheaper overall
Cost of Living Index: 98.1 in Colorado Springs vs 103.2 in Baltimore (US national average = 100)
City A
Baltimore, MD
City B
Colorado Springs, CO
How much would you need to earn in Colorado Springs, CO to maintain your standard of living from Baltimore, MD?
Equivalent salary in Colorado Springs, CO
$71,314
You could earn $3,686 less (5% lower) and break even.
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
Metric
Baltimore
Maryland
Colorado Springs
Colorado
Population
Median Household Income
Annual
Median Gross Rent
Per month
Median Home Value
Cost of Living Index
US avg = 100
1BR Fair Market Rent
HUD FMR
2BR Fair Market Rent
HUD FMR
3BR Fair Market Rent
HUD FMR
Air Quality Index
Lower = cleaner
Top State Income Tax
Top marginal rate
State Sales Tax
Statewide base rate
Median Age
Years
✓ = better value · Sources: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Median rent is modestly lower in Baltimore at $1,331/mo compared to $1,648/mo in Colorado Springs (19% gap). Home buyers face a steeper market in Colorado Springs: the median home is $452,600 versus $229,600 in Baltimore — 49% more expensive.
Metric
Baltimore
Colorado Springs
Software Developer
Registered Nurse
Elementary Teacher
Electrician
Accountant
Higher wage highlighted · BLS OEWS 2023 (metro-level data)
State tax data is not yet available for these cities.
Baltimore
Income tax: N/A
Sales tax: N/A
Colorado Springs
Income tax: N/A
Sales tax: N/A
Colorado Springs has cleaner air on average: 23.0 AQI (Good) compared to 25.0 AQI (Good) in the other city. Lower AQI means cleaner, healthier air.
Pick Colorado Springs if you prioritize lower overall cost of living (index 98.1 vs 103.2).
Pick Colorado Springs if you prioritize higher median household income ($84,818/yr).
Pick Baltimore if you prioritize cheaper rent ($1,331/mo median).
Colorado Springs is cheaper overall, with a cost of living index of 98.1 versus 103.2 (US average = 100). That means prices run about 5% lower in Colorado Springs.
Median rent is $1,331/mo in Baltimore, MD and $1,648/mo in Colorado Springs, CO. Baltimore, MD has the lower rent by about 19%.
Median household income is $62,177 in Baltimore, MD and $84,818 in Colorado Springs, CO. Colorado Springs, CO has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Colorado Springs, CO has better air quality on average: 23.0 AQI versus 25.0 AQI. Both are EPA AirNow annual averages; lower is better.
State tax data is not yet available for one or both cities.
To maintain the same purchasing power, a salary of $100,000 in Baltimore, MD is equivalent to roughly $95,085 in Colorado Springs, CO (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
