Median rent is 5% lower in Raleigh ($1,572/mo vs $1,648/mo). Buying is cheaper in Raleigh, where the median home runs $415,800 versus $452,600. Households earn more in Raleigh ($85,395 vs $84,818 a year). Taken together, Colorado Springs is the more affordable choice with a cost index of 98.1 against 98.4 — about 0% lower overall prices.
City A
Colorado Springs, CO
City B
Raleigh, NC
How much would you need to earn in Raleigh, NC to maintain your standard of living from Colorado Springs, CO?
Equivalent salary in Raleigh, NC
$75,185
You'd need $185 more (0% higher).
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
Raleigh
North Carolina
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 rents are similar in both cities: $1,648/mo in Colorado Springs and $1,572/mo in Raleigh. Median home values are within 8% of each other: $452,600 in Colorado Springs and $415,800 in Raleigh.
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
Raleigh
Income tax: N/A
Sales tax: N/A
Colorado Springs has cleaner air on average: 23.0 AQI (Good) compared to 47.0 AQI (Good) in the other city. Lower AQI means cleaner, healthier air.
Pick Colorado Springs if you prioritize cleaner air quality (avg AQI 23.0).
Is Colorado Springs cheaper than Raleigh?
Colorado Springs is cheaper overall, with a cost of living index of 98.1 versus 98.4 (US average = 100). That means prices run about 0% lower in Colorado Springs.
How much is rent in Colorado Springs vs Raleigh?
Median rent is $1,648/mo in Colorado Springs, CO and $1,572/mo in Raleigh, NC. Raleigh, NC has the lower rent by about 5%.
Which has higher salaries — Colorado Springs or Raleigh?
Median household income is $84,818 in Colorado Springs, CO and $85,395 in Raleigh, NC. Raleigh, NC 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 47.0 AQI. Both are EPA AirNow annual averages; lower is better.
Which has lower taxes — Colorado Springs or Raleigh?
State tax data is not yet available for one or both cities.
What salary do I need in Raleigh 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 $100,247 in Raleigh, NC (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
