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Cost of Living Data profile

Cost of Living in Colorado Springs: Rent, Housing & Income

  • Official data · Census ACS 2024 · BEA 2024 · EIA July–September 2026
Updated  7 sources

Cost of living vs. U.S. average (2024)

0.7% above

Cost of living in Colorado Springs is 0.7% above the U.S. average, based on the Bureau of Economic Analysis 2024 Regional Price Parities for the Colorado Springs, CO metro area (index 100.7; U.S. = 100). Median rent in Colorado Springs is $1,699 a month.

Cost of living in Colorado Springs by category

Overall prices

100.7U.S. = 100

Regional price parity, all items

+0.7% vs. U.S.

Goods
96.1 −3.9%
Housing (rents)
116.2 +16.2%
Utilities
83.2 −16.8%
Other services
99.8 −0.2%

BEA 2024 · Colorado Springs metro area Details: Overall prices

Housing

$1,699/mo

Median gross rent

+14% vs. U.S.

1-bedroom rent
$1,510 +16% vs. U.S.
2-bedroom rent
$1,639 +10% vs. U.S.
3-bedroom rent
$2,145 +28% vs. U.S.
Median home value
$479,500 +33% vs. U.S.
Owner costs, mortgage
$2,227 +9% vs. U.S.

Census ACS 2024 Details: Housing

Utilities

$112/mo

Average electric bill

−28% vs. U.S.

Electricity price
17.0¢/kWh −7% vs. U.S.
Natural gas, 12-mo avg.
$12.98/Mcf −33% vs. U.S.
Utilities price index
83.2

EIA July 2026 · Colorado statewide Details: Utilities

Transportation

23.3min

Mean travel time to work

−14% vs. U.S.

Commute mode: drove alone
71.4%
Work from home
15.2%
Gasoline (Colorado)
$4.19/gal −4% vs. U.S.

Census ACS 2024 · EIA September 2026 Details: Transportation

Food at home

$1,388/mo

Moderate-cost plan, family of 4

Thrifty plan, family of 4
$1,024/mo
Liberal plan, family of 4
$1,679/mo
Moderate plan, single woman
$403/mo
Moderate plan, single man
$478/mo

USDA August 2026 · U.S. average Details: Food at home

Child care

$350/wk

Center care, infant

+102% vs. U.S.

Center care, toddler
$301/wk +96% vs. U.S.
Center care, preschool
$266/wk +84% vs. U.S.
Home-based care, infant
$242/wk +69% vs. U.S.

DOL NDCP 2022 prices · El Paso County Details: Child care

Income

$83,672/yr

Median household income

About the same as U.S.

Median rent as share of income
24%
Home value to income
5.7×

Census ACS 2024 Details: Income

Housing costs in Colorado Springs

Median gross rent in Colorado Springs is $1,699 a month, 14% above the U.S. median of $1,487. The median falls in the $1,500–$1,999 range, which holds 30.8% of renter households paying cash rent. Another 31.4% pay $2,000 or more.

The median owner-occupied home is valued at $479,500, and 5.4% of homes are valued at $1,000,000 or more.

Housing costs: Colorado Springs vs. Colorado vs. U.S.

Median monthly rent

Median monthly rent Colorado Springs: $1,699; Colorado: $1,822; U.S.: $1,487 Colorado Springs $1,699 Colorado $1,822 U.S. $1,487

Monthly owner costs

Monthly owner costs Colorado Springs: $2,227; Colorado: $2,466; U.S.: $2,035 Colorado Springs $2,227 Colorado $2,466 U.S. $2,035

Median home value

Median home value Colorado Springs: $479,500; Colorado: $574,600; U.S.: $360,600 Colorado Springs $479,500 Colorado $574,600 U.S. $360,600
Show the data table
MeasureColorado SpringsColoradoU.S.
Median monthly rent$1,699$1,822$1,487
Monthly owner costs$2,227$2,466$2,035
Median home value$479,500$574,600$360,600

Rent is median gross rent; owner costs are for homes with a mortgage. American Community Survey 2024 1-year estimates. Source: American Community Survey (U.S. Census Bureau)

What renters pay in Colorado Springs

What renters pay in Colorado Springs Share of renter households paying cash rent in Colorado Springs by range; ranges differ in width. The bottom range, less than $500, holds 3.5%; the top range, $3,500 or more, holds 1.8%. Median $1,699. The U.S. distribution is drawn as a line. 0% 10% 20% 30% 40% Less than $500: 3.5% (U.S.: 6.1%) $500–$749: 2% (U.S.: 6.8%) $750–$999: 6% (U.S.: 11.5%) $1,000–$1,249: 10.6% (U.S.: 13.5%) $1,250–$1,499: 15.6% (U.S.: 12.9%) $1,500–$1,999: 30.8% (U.S.: 22.2%) $2,000–$2,499: 19.6% (U.S.: 13.2%) $2,500–$2,999: 6.4% (U.S.: 6.5%) $3,000–$3,499: 3.6% (U.S.: 3.2%) $3,500 or more: 1.8% (U.S.: 4.2%) $500–750 $1–1.25K $1.5–2K $2.5–3K $3.5K+ Median $1,699 (Colorado Springs) 30.8%
Show the data table
RangeColorado SpringsU.S.
Less than $5003.5%6.1%
$500–$7492%6.8%
$750–$9996%11.5%
$1,000–$1,24910.6%13.5%
$1,250–$1,49915.6%12.9%
$1,500–$1,99930.8%22.2%
$2,000–$2,49919.6%13.2%
$2,500–$2,9996.4%6.5%
$3,000–$3,4993.6%3.2%
$3,500 or more1.8%4.2%

Share of renter households paying cash rent. Census ACS 2024 1-year estimates, table B25063. Source: American Community Survey (U.S. Census Bureau)

Home values in Colorado Springs

Home values in Colorado Springs Share of owner-occupied homes in Colorado Springs by range; ranges differ in width. The bottom range, less than $100,000, holds 3.4%; the top range, $1,500,000 or more, holds 2%. Median $479,500. The U.S. distribution is drawn as a line. 0% 10% 20% 30% Less than $100,000: 3.4% (U.S.: 10.2%) $100,000–$149,999: 0.1% (U.S.: 5.7%) $150,000–$199,999: 1% (U.S.: 7.5%) $200,000–$249,999: 1.4% (U.S.: 8.4%) $250,000–$299,999: 3.8% (U.S.: 8.5%) $300,000–$399,999: 17.2% (U.S.: 15.9%) $400,000–$499,999: 29.1% (U.S.: 12%) $500,000–$749,999: 29.5% (U.S.: 16.3%) $750,000–$999,999: 9.2% (U.S.: 7.5%) $1,000,000–$1,499,999: 3.4% (U.S.: 4.3%) $1,500,000 or more: 2% (U.S.: 3.7%) <$100K $100–150K $150–200K $250–300K $400–500K $500–750K $750K–1M $1.5M+ Median $479,500 (Colorado Springs) 29.5%
Show the data table
RangeColorado SpringsU.S.
Less than $100,0003.4%10.2%
$100,000–$149,9990.1%5.7%
$150,000–$199,9991%7.5%
$200,000–$249,9991.4%8.4%
$250,000–$299,9993.8%8.5%
$300,000–$399,99917.2%15.9%
$400,000–$499,99929.1%12%
$500,000–$749,99929.5%16.3%
$750,000–$999,9999.2%7.5%
$1,000,000–$1,499,9993.4%4.3%
$1,500,000 or more2%3.7%

Share of owner-occupied homes. Census ACS 2024 1-year estimates, table B25075. Source: American Community Survey (U.S. Census Bureau)

Monthly housing costs in Colorado Springs

Measure Colorado Springs Colorado U.S.
Median rent (all units) $1,699$1,822$1,487
1-bedroom rent $1,510$1,627$1,301
2-bedroom rent $1,639$1,857$1,490
3-bedroom rent $2,145$2,178$1,677
Owner costs with a mortgage $2,227$2,466$2,035

Median gross rent includes utilities the renter pays. Owner costs include the mortgage, taxes, insurance, and utilities. American Community Survey 2024 1-year estimates. Source: American Community Survey (U.S. Census Bureau)

How affordable is Colorado Springs?

At the median, rent takes about 24% of household income in Colorado Springs. Housing experts treat 30% as the limit before a household is considered cost-burdened. To keep the median rent at 30% of income, a household would need to earn about $68,000 a year.

The median home is worth $479,500, or 5.7 times the median household income.

Household income in Colorado Springs

The median household in Colorado Springs earns $83,672 a year, about the same as the U.S. median of $81,604. About 12.7% of households earn $200,000 or more, while 10.8% earn less than $25,000.

Median household income: Colorado Springs vs. Colorado vs. U.S.

Median household income (yearly)

Median household income (yearly) Colorado Springs: $83,672; Colorado: $97,113; U.S.: $81,604 Colorado Springs $83,672 Colorado $97,113 U.S. $81,604
Show the data table
MeasureColorado SpringsColoradoU.S.
Median household income (yearly)$83,672$97,113$81,604

American Community Survey 2024 1-year estimates. Source: American Community Survey (U.S. Census Bureau)

Household income distribution in Colorado Springs

Household income distribution in Colorado Springs Share of households in Colorado Springs by range; ranges differ in width. The bottom range, less than $10,000, holds 3.9%; the top range, $200,000 or more, holds 12.7%. Median $83,672. The U.S. distribution is drawn as a line. 0% 5% 10% 15% Less than $10,000: 3.9% (U.S.: 5.1%) $10,000–$14,999: 2.2% (U.S.: 3.3%) $15,000–$19,999: 2.7% (U.S.: 2.8%) $20,000–$24,999: 2% (U.S.: 3.2%) $25,000–$29,999: 3.2% (U.S.: 3%) $30,000–$34,999: 2.9% (U.S.: 3.3%) $35,000–$39,999: 2.9% (U.S.: 3.2%) $40,000–$44,999: 3.3% (U.S.: 3.5%) $45,000–$49,999: 2.6% (U.S.: 3.2%) $50,000–$59,999: 6.2% (U.S.: 6.4%) $60,000–$74,999: 12.6% (U.S.: 9.2%) $75,000–$99,999: 13.9% (U.S.: 12.6%) $100,000–$124,999: 9.8% (U.S.: 10.4%) $125,000–$149,999: 8.7% (U.S.: 7.4%) $150,000–$199,999: 10.4% (U.S.: 9.7%) $200,000 or more: 12.7% (U.S.: 13.7%) $10–15K $20–25K $30–35K $40–45K $50–60K $75–100K $125–150K $200K+ Median $83,672 (Colorado Springs) 13.9%
Show the data table
RangeColorado SpringsU.S.
Less than $10,0003.9%5.1%
$10,000–$14,9992.2%3.3%
$15,000–$19,9992.7%2.8%
$20,000–$24,9992%3.2%
$25,000–$29,9993.2%3%
$30,000–$34,9992.9%3.3%
$35,000–$39,9992.9%3.2%
$40,000–$44,9993.3%3.5%
$45,000–$49,9992.6%3.2%
$50,000–$59,9996.2%6.4%
$60,000–$74,99912.6%9.2%
$75,000–$99,99913.9%12.6%
$100,000–$124,9999.8%10.4%
$125,000–$149,9998.7%7.4%
$150,000–$199,99910.4%9.7%
$200,000 or more12.7%13.7%

Share of households. Census ACS 2024 1-year estimates, table B19001. Source: American Community Survey (U.S. Census Bureau)

Income and home values

Measure Colorado Springs Colorado U.S.
Median household income (yearly) $83,672$97,113$81,604
Median home value $479,500$574,600$360,600

American Community Survey 2024 1-year estimates. Source: American Community Survey (U.S. Census Bureau)

Price levels compared with the U.S.

The Bureau of Economic Analysis publishes Regional Price Parities: price levels for the same basket of goods and services, with the U.S. average set to 100. In 2024, the Colorado Springs, CO metro area scored 100.7 for all items. The highest category is housing rents at 116.2; the lowest is utilities at 83.2.

Regional price parities by category (U.S. = 100)

All items

All items Colorado Springs metro area: 100.7; Colorado: 103.1; U.S.: 100.0 Colorado Springs metro area 100.7 Colorado 103.1 U.S. 100.0

Goods

Goods Colorado Springs metro area: 96.1; Colorado: 98.7; U.S.: 99.6 Colorado Springs metro area 96.1 Colorado 98.7 U.S. 99.6

Housing (rents)

Housing (rents) Colorado Springs metro area: 116.2; Colorado: 127.4; U.S.: 100.6 Colorado Springs metro area 116.2 Colorado 127.4 U.S. 100.6

Utilities

Utilities Colorado Springs metro area: 83.2; Colorado: 85.0; U.S.: 98.4 Colorado Springs metro area 83.2 Colorado 85.0 U.S. 98.4

Other services

Other services Colorado Springs metro area: 99.8; Colorado: 99.6; U.S.: 100.1 Colorado Springs metro area 99.8 Colorado 99.6 U.S. 100.1
Show the data table
MeasureColorado Springs metro areaColoradoU.S.
All items100.7103.1100.0
Goods96.198.799.6
Housing (rents)116.2127.4100.6
Utilities83.285.098.4
Other services99.899.6100.1

Index, U.S. = 100. Bureau of Economic Analysis Regional Price Parities, 2024. Metro area: Colorado Springs, CO. Source: U.S. Bureau of Economic Analysis, Regional Price Parities

Utilities and energy costs

Households in Colorado paid an average of 17.0¢ per kWh for electricity in July 2026, compared with 18.3¢ nationally. Over the past 12 months the average residential bill was $112 a month (U.S.: $157). Residential natural gas averaged $12.98 per thousand cubic feet over the 12 months to July 2026 (U.S.: $19.40).

Energy prices are reported statewide, so these are Colorado averages rather than figures for Colorado Springs alone.

Energy prices: Colorado vs. U.S.

Electricity price (¢/kWh)

Electricity price (¢/kWh) Colorado: 17.0¢; U.S.: 18.3¢ Colorado 17.0¢ U.S. 18.3¢

Average electric bill (monthly)

Average electric bill (monthly) Colorado: $112; U.S.: $157 Colorado $112 U.S. $157

Natural gas, 12-mo avg. ($/Mcf)

Natural gas, 12-mo avg. ($/Mcf) Colorado: $12.98; U.S.: $19.40 Colorado $12.98 U.S. $19.40
Show the data table
MeasureColoradoU.S.
Electricity price (¢/kWh)17.0¢18.3¢
Average electric bill (monthly)$112$157
Natural gas, 12-mo avg. ($/Mcf)$12.98$19.40

Residential customers. Electricity price for July 2026; electric bill and natural gas are 12-month averages. U.S. Energy Information Administration. Sources: EIA Electric Power Monthly: residential retail sales; EIA Natural Gas Monthly: price delivered to residential consumers

Transportation and commuting

Workers in Colorado Springs who commute spend an average of 23.3 minutes getting to work (U.S.: 27.2 minutes). The most common way to get to work is to drive alone (71.4% of workers); 15.2% work from home. Regular gasoline averaged $4.19 a gallon in Colorado in September 2026, compared with $4.36 nationally.

How workers get to work

How workers get to work Colorado Springs: Drove alone 71.4%, Carpooled 9.7%, Public transit 0.9%, Walked 1.4%, Bicycle 0.3%, Worked from home 15.2%, Other (taxi, motorcycle, etc.) 1.2%. Colorado: Drove alone 65.4%, Carpooled 8.1%, Public transit 1.7%, Walked 2.7%, Bicycle 1%, Worked from home 19.9%, Other (taxi, motorcycle, etc.) 1.3%. U.S.: Drove alone 69.2%, Carpooled 9.2%, Public transit 3.7%, Walked 2.4%, Bicycle 0.5%, Worked from home 13.3%, Other (taxi, motorcycle, etc.) 1.7%. Most common in Colorado Springs: Drove alone. Colorado Springs Colorado Springs · Drove alone: 71.4% 71.4% Colorado Springs · Carpooled: 9.7% Colorado Springs · Public transit: 0.9% Colorado Springs · Walked: 1.4% Colorado Springs · Bicycle: 0.3% Colorado Springs · Worked from home: 15.2% 15.2% Colorado Springs · Other (taxi, motorcycle, etc.): 1.2% Colorado Colorado · Drove alone: 65.4% 65.4% Colorado · Carpooled: 8.1% Colorado · Public transit: 1.7% Colorado · Walked: 2.7% Colorado · Bicycle: 1% Colorado · Worked from home: 19.9% 19.9% Colorado · Other (taxi, motorcycle, etc.): 1.3% U.S. U.S. · Drove alone: 69.2% 69.2% U.S. · Carpooled: 9.2% U.S. · Public transit: 3.7% U.S. · Walked: 2.4% U.S. · Bicycle: 0.5% U.S. · Worked from home: 13.3% 13.3% U.S. · Other (taxi, motorcycle, etc.): 1.7%
Show the data table
Means of transportationColorado SpringsColoradoU.S.
Drove alone71.4%65.4%69.2%
Carpooled9.7%8.1%9.2%
Public transit0.9%1.7%3.7%
Walked1.4%2.7%2.4%
Bicycle0.3%1%0.5%
Worked from home15.2%19.9%13.3%
Other (taxi, motorcycle, etc.)1.2%1.3%1.7%

Share of workers 16 and over. Census ACS 2024 1-year estimates, table B08301. Source: American Community Survey (U.S. Census Bureau)

Travel time to work in Colorado Springs

Travel time to work in Colorado Springs Share of workers who do not work from home in Colorado Springs by range; ranges differ in width. The bottom range, less than 5 min, holds 2.1%; the top range, 90 min or more, holds 2%. Mean 23.3 min. The U.S. distribution is drawn as a line. 0% 10% 20% 30% Less than 5 min: 2.1% (U.S.: 2.8%) 5–9 min: 7.9% (U.S.: 9.4%) 10–14 min: 14.6% (U.S.: 13.1%) 15–19 min: 20.4% (U.S.: 15%) 20–24 min: 19.8% (U.S.: 14.1%) 25–29 min: 8.8% (U.S.: 7%) 30–34 min: 12.7% (U.S.: 13.7%) 35–39 min: 2.7% (U.S.: 3.4%) 40–44 min: 1.5% (U.S.: 4.1%) 45–59 min: 3% (U.S.: 8.3%) 60–89 min: 4.5% (U.S.: 6.3%) 90 min or more: 2% (U.S.: 3%) <5 5–9 10–14 15–19 20–24 25–29 30–34 35–39 40–44 45–59 60–89 90+ Mean 23.3 min (Colorado Springs) 20.4%
Show the data table
RangeColorado SpringsU.S.
Less than 5 min2.1%2.8%
5–9 min7.9%9.4%
10–14 min14.6%13.1%
15–19 min20.4%15%
20–24 min19.8%14.1%
25–29 min8.8%7%
30–34 min12.7%13.7%
35–39 min2.7%3.4%
40–44 min1.5%4.1%
45–59 min3%8.3%
60–89 min4.5%6.3%
90 min or more2%3%

Share of workers who do not work from home. Census ACS 2024 1-year estimates, table B08303. Source: American Community Survey (U.S. Census Bureau)

Child care costs in Colorado Springs

In 2022, full-time center-based care for an infant had a median price of $350 a week in El Paso County, or $18,223 over 52 weeks. That is 102% above the U.S. county median of $174. Prices are for 2022 and are not adjusted for inflation.

Weekly child care prices (2022)

Type of care El Paso County Colorado (county median) U.S. (county median)
Center-based care, infant $350$235$174
Center-based care, toddler $301$215$153
Center-based care, preschool $266$202$144
Center-based care, school-age $148$149$120
Home-based family care, infant $242$187$143
Home-based family care, toddler $214$183$132
Home-based family care, preschool $214$183$131
Home-based family care, school-age $171$158$118

Median weekly price for full-time care. State and U.S. figures are medians of county medians. Prices are for 2022 and are not adjusted for inflation. U.S. Department of Labor, National Database of Childcare Prices. Source: National Database of Childcare Prices (U.S. Department of Labor, Women's Bureau)

Food costs

USDA's moderate-cost food plan puts groceries for a family of four at $1,388 a month in August 2026; the thrifty plan comes to $1,024. USDA publishes these as national averages, not city figures, so they show a typical grocery budget rather than Colorado Springs prices.

Monthly cost of food at home (August 2026)

USDA food plan U.S. family of 4 U.S. couple U.S. single man U.S. single woman
Thrifty $1,024$630$383$304
Low-cost $1,126$652$381$331
Moderate-cost $1,388$808$478$403
Liberal $1,679$1,007$583$515

Family of 4: two adults and two children aged 6–8 and 9–11. For a single man, the Thrifty plan costs more than the Low-cost plan: USDA re-evaluated the Thrifty plan in 2021, while the other plans still use older market baskets. USDA Food and Nutrition Service, Official Food Plans, August 2026. Source: USDA Food Plans: Cost of Food at Home (monthly reports)

Frequently asked questions

What is the average rent in Colorado Springs?

Median rent is $1,510 for a one-bedroom and $1,639 for a two-bedroom unit, including utilities the renter pays.

How much do most renters pay in Colorado Springs?

Among renter households paying cash rent, 11.5% pay less than $1,000 a month, 57% pay $1,000 to $1,999, and 31.4% pay $2,000 or more (Census ACS 2024).

How much do you need to make to live in Colorado Springs?

To keep the median rent of $1,699 at no more than 30% of income, a household needs about $68,000 a year before taxes. This covers housing only.

Is Colorado Springs more expensive than the U.S. average?

Yes. The Bureau of Economic Analysis puts overall prices in the Colorado Springs, CO metro area at 100.7 for 2024 (U.S. = 100), 0.7% above average. Housing rents score 116.2.

How long is the average commute in Colorado Springs?

23.3 minutes one way for workers who commute, compared with 27.2 minutes nationally (Census ACS 2024).

How much does infant day care cost in Colorado Springs?

The median price for full-time center-based infant care was $350 a week in El Paso County in 2022, according to the Department of Labor's National Database of Childcare Prices.