Colorado Springs, CO Cost of Living (2024): How Expensive Is It?

What salary do you need to live in Colorado Springs, CO?

Overall, on average, a gross annual salary of $63,560 is required for an average quality of life in Colorado Springs, CO.

Does Colorado Springs, CO have a high cost of living?

Colorado Springs, CO is ranked 176th out of the top 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered as one of expensive cities in which to live in the U.S. Colorado Springs, CO's average monthly rent is 24% lower than than the U.S. average cost of rent.

Is $75K a good salary in Colorado Springs, CO?

A gross annual salary of $75,000 in Colorado Springs, CO will yield an average annual net salary of $62,940. Considering that the total average annual cost of living in Colorado Springs, CO is $46,419, a gross annual salary of $75,000 will be sufficient to cover average living costs.

How much should I pay for rent in Colorado Springs, CO?

The average monthly rent in Colorado Springs, CO in the city center is $1,405 for a 1 bedroom apartment, $1,706 for a 2 bedroom apartment and $2,103 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,202 for a 1 bedroom apartment, $1,505 for a 2 bedroom apartment and $1,909 for a 3 bedroom apartment.