Is New York, NY cheaper than Colorado Springs, CO?

Based on cost of living data, New York, NY is 63.1% more expensive than Colorado Springs, CO. This translates to spending an extra $4733 per month.

What salary do I need in New York, NY to live like I do in Colorado Springs, CO?

If you earn $150,000 in Colorado Springs, CO, you'd need approximately $206,796.117 in New York, NY to maintain the same standard of living.

How does housing cost compare between Colorado Springs, CO and New York, NY?

Housing in New York, NY is 167.5% more expensive than in Colorado Springs, CO. For a two-bedroom apartment, rent is $3,590/month in New York, NY compared to $1,800/month in Colorado Springs, CO.

How much can I save per month by moving from Colorado Springs, CO to New York, NY?

Living in New York, NY costs approximately $4733 more per month than Colorado Springs, CO, or $56796 more per year, based on a $150,000 salary.

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Colorado Springs, CO

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New York, NY

Cost of Living Comparison 2026

Current salary in Colorado Springs, CO

Numbers update automatically as you type

You'd spend $4.7K/month more in New York, NY

$150.0K in your current city equals $206.8K in New York, NY

Rent data from HUD ZIP-level estimates · COL index from Colorado Springs, CO area

Overall Cost

↑ 63.1%

More expensive

Monthly Impact

$4,733

Extra cost

Annual Impact

$56.8K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Colorado Springs, CO

Population:479K

Cost Index:100

Median Home:$415K

New York, NY

Population:8337K

Cost Index:163

Median Home:$1.05M

Colorado Springs, CO

The Centennial State

479K

Population

State Tax

Yes

Located in Colorado, this city has a population of 479K residents.

New York, NY

The Empire State

8.3M

Population

State Tax

Yes

Climate

Humid subtropical

Notable Facts

•Most populous city in the US
•Major global financial center
•World-renowned cultural hub

Major Industries

FinanceReal EstateTechnologyMedia

Cost Breakdown by Category

Annual spending: Colorado Springs, CO vs New York, NY

Category	Colorado Springs, CO	New York, NY	Difference	Change
🏠Housing	$2,859/mo	$7,648/mo	↑ $4,789more	167.5%
🚗Transportation	$1,270/mo	$1,602/mo	↑ $332more	26.1%
📦Other	$1,791/mo	$2,034/mo	↑ $243more	13.6%
🛒Groceries	$999/mo	$1,165/mo	↑ $166more	16.6%
⚡All Utilities	$454/mo	$600/mo	↑ $146more	32.3%
🏥Healthcare	$626/mo	$688/mo	↑ $61.96more	9.9%

🏠Housing

↑ 167.5%

Colorado Springs, CO

$2,859

New York, NY

$7,648

Difference

$4,789

🚗Transportation

↑ 26.1%

Colorado Springs, CO

$1,270

New York, NY

$1,602

Difference

$332

📦Other

↑ 13.6%

Colorado Springs, CO

$1,791

New York, NY

$2,034

Difference

$243

🛒Groceries

↑ 16.6%

Colorado Springs, CO

$999

New York, NY

$1,165

Difference

$166

⚡All Utilities

↑ 32.3%

Colorado Springs, CO

$454

New York, NY

$600

Difference

$146

🏥Healthcare

↑ 9.9%

Colorado Springs, CO

$626

New York, NY

$688

Difference

$61.96

🏛️ Local Income Taxes

New York, NY: NYC Income Tax$5,689/yr (3.8%)

Colorado Springs, CO has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio

From$1,240

To$3,120

↑ $1,880

1 Bed

From$1,520

To$3,270

↑ $1,750

2 Bed

From$1,800

To$3,590

↑ $1,790

3 Bed

From$2,505

To$4,500

↑ $1,995

Colorado Springs, COZIP-level data

1BR range: $1,210–$2,050/mo

New York, NYZIP-level data

1BR range: $2,260–$3,990/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,999

Monthly in Colorado Springs, CO

$13,737

Monthly in New York, NY

$5,738

Difference

Home Values

Colorado Springs

New York

$415K

Median Value

$1.05M

↓ -2.2%

YoY Change

↓ -0.1%

↑ +22.4%

5-Year Change

↓ -5.9%

$314K - $709K

Price Range

$471K - $3.49M

Homes in New York are 153% more expensive than Colorado Springs

Calculate payment - Colorado Springs Calculate payment - New York

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $2.9K

More taxes

Monthly Difference

$245

Less take-home

Effective Rate Diff

2.0%

Rate difference

Colorado Springs, CO

Federal Income Tax

Effective: 18.9%

$25.5K

Colorado State Tax

Effective: 4.4%

$6.6K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.1%

$43.6K

Take-Home Pay

$8,866/month

$106.4K

New York, NY

Federal Income Tax

Effective: 18.9%

$25.5K

New York State Tax

Effective: 6.4%

$9.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.0%

$46.6K

Take-Home Pay

$8,620/month

$103.4K

Additional Tax Information

Colorado Springs, CO Tax Rates

Sales Tax:7.8%

Property Tax:0.5%

New York, NY Tax Rates

Sales Tax:8.8%

Property Tax:1.2%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.