Median rent is 31% lower in Oklahoma City ($1,130/mo vs $1,648/mo). Buying is cheaper in Oklahoma City, where the median home runs $231,300 versus $452,600. Households earn more in Colorado Springs ($84,818 vs $68,656 a year). Taken together, Oklahoma City is the more affordable choice with a cost index of 91.4 against 98.1 — about 7% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Colorado Springs, CO.
Cost of living verdict
Oklahoma City is 7% cheaper overall
Cost of Living Index: 91.4 in Oklahoma City vs 98.1 in Colorado Springs (US national average = 100)
City A
Colorado Springs, CO
City B
Oklahoma City, OK
How much would you need to earn in Oklahoma City, OK to maintain your standard of living from Colorado Springs, CO?
Equivalent salary in Oklahoma City, OK
$69,903
You could earn $5,097 less (7% 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
Colorado Springs
Colorado
Oklahoma City
Oklahoma
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
Renters will find significantly cheaper housing in Oklahoma City — median rent of $1,130/mo versus $1,648/mo in Colorado Springs, a 31% difference. Home buyers face a steeper market in Colorado Springs: the median home is $452,600 versus $231,300 in Oklahoma City — 49% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
State tax data is not yet available for these cities.
Colorado Springs
Income tax: N/A
Sales tax: N/A
Oklahoma City
Income tax: N/A
Sales tax: N/A
Colorado Springs has cleaner air on average: 23.0 AQI (Good) compared to 48.0 AQI (Good) in the other city. Lower AQI means cleaner, healthier air.
Pick Oklahoma City if you prioritize lower overall cost of living (index 91.4 vs 98.1).
Pick Colorado Springs if you prioritize higher median household income ($84,818/yr).
Pick Oklahoma City if you prioritize cheaper rent ($1,130/mo median).
Pick Colorado Springs if you prioritize cleaner air quality (avg AQI 23.0).
Is Colorado Springs cheaper than Oklahoma City?
Oklahoma City is cheaper overall, with a cost of living index of 91.4 versus 98.1 (US average = 100). That means prices run about 7% lower in Oklahoma City.
How much is rent in Colorado Springs vs Oklahoma City?
Median rent is $1,648/mo in Colorado Springs, CO and $1,130/mo in Oklahoma City, OK. Oklahoma City, OK has the lower rent by about 31%.
Which has higher salaries — Colorado Springs or Oklahoma City?
Median household income is $84,818 in Colorado Springs, CO and $68,656 in Oklahoma City, OK. Colorado Springs, CO has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Colorado Springs, CO has better air quality on average: 23.0 AQI versus 48.0 AQI. Both are EPA AirNow annual averages; lower is better.
Which has lower taxes — Colorado Springs or Oklahoma City?
State tax data is not yet available for one or both cities.
What salary do I need in Oklahoma City to match my Colorado Springs income?
To maintain the same purchasing power, a salary of $100,000 in Colorado Springs, CO is equivalent to roughly $93,204 in Oklahoma City, OK (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology