Is Portland, OR cheaper than Colorado Springs, CO?

Based on cost of living data, Portland, OR is 26.2% more expensive than Colorado Springs, CO. This translates to spending an extra $1966 per month.

What salary do I need in Portland, OR to live like I do in Colorado Springs, CO?

If you earn $150,000 in Colorado Springs, CO, you'd need approximately $173,592.233 in Portland, OR to maintain the same standard of living.

How does housing cost compare between Colorado Springs, CO and Portland, OR?

Housing in Portland, OR is 64.5% more expensive than in Colorado Springs, CO. For a two-bedroom apartment, rent is $1,900/month in Portland, OR compared to $1,800/month in Colorado Springs, CO.

How much can I save per month by moving from Colorado Springs, CO to Portland, OR?

Living in Portland, OR costs approximately $1966 more per month than Colorado Springs, CO, or $23592 more per year, based on a $150,000 salary.

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Colorado Springs, CO

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Portland, OR

Cost of Living Comparison 2026

Current salary in Colorado Springs, CO

Numbers update automatically as you type

You'd spend $2.0K/month more in Portland, OR

$150.0K in your current city equals $173.6K in Portland, OR

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

Overall Cost

↑ 26.2%

More expensive

Monthly Impact

$1,966

Extra cost

Annual Impact

$23.6K

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

Portland, OR

Population:641K

Cost Index:126

Median Home:$535K

Colorado Springs, CO

The Centennial State

479K

Population

State Tax

Yes

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

Portland, OR

The Beaver State

641K

Population

State Tax

Yes

Climate

Oceanic

Notable Facts

•Craft beer capital
•Foodie destination
•Keep Portland Weird

Major Industries

TechnologyManufacturingFood & BeverageTourism

Cost Breakdown by Category

Annual spending: Colorado Springs, CO vs Portland, OR

Category	Colorado Springs, CO	Portland, OR	Difference	Change
🏠Housing	$2,859/mo	$4,704/mo	↑ $1,845more	64.5%
🚗Transportation	$1,270/mo	$1,721/mo	↑ $451more	35.5%
📦Other	$1,791/mo	$1,925/mo	↑ $134more	7.5%
🛒Groceries	$999/mo	$1,069/mo	↑ $69.95more	7.0%
🏥Healthcare	$626/mo	$663/mo	↑ $37.17more	5.9%
⚡All Utilities	$454/mo	$475/mo	↑ $21.86more	4.8%

🏠Housing

↑ 64.5%

Colorado Springs, CO

$2,859

Portland, OR

$4,704

Difference

$1,845

🚗Transportation

↑ 35.5%

Colorado Springs, CO

$1,270

Portland, OR

$1,721

Difference

$451

📦Other

↑ 7.5%

Colorado Springs, CO

$1,791

Portland, OR

$1,925

Difference

$134

🛒Groceries

↑ 7.0%

Colorado Springs, CO

$999

Portland, OR

$1,069

Difference

$69.95

🏥Healthcare

↑ 5.9%

Colorado Springs, CO

$626

Portland, OR

$663

Difference

$37.17

⚡All Utilities

↑ 4.8%

Colorado Springs, CO

$454

Portland, OR

$475

Difference

$21.86

🏛️ Local Income Taxes

Portland, OR: Multnomah County Preschool for All$1,500/yr (1.0%)

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$1,555

↑ $315

1 Bed

From$1,520

To$1,655

↑ $135

2 Bed

From$1,800

To$1,900

↑ $100

3 Bed

From$2,505

To$2,590

↑ $85.00

Colorado Springs, COZIP-level data

1BR range: $1,210–$2,050/mo

Portland, ORZIP-level data

1BR range: $1,580–$2,030/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

$10,557

Monthly in Portland, OR

$2,559

Difference

Home Values

Colorado Springs

Portland

$415K

Median Value

$535K

↓ -2.2%

YoY Change

↓ -1.2%

↑ +22.4%

5-Year Change

↑ +7.2%

$314K - $709K

Price Range

$351K - $760K

Homes in Portland are 29% more expensive than Colorado Springs

Calculate payment - Colorado Springs Calculate payment - Portland

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $8.9K

More taxes

Monthly Difference

$743

Less take-home

Effective Rate Diff

5.9%

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

Portland, OR

Federal Income Tax

Effective: 18.9%

$25.5K

Oregon State Tax

Effective: 10.3%

$15.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 35.0%

$52.5K

Take-Home Pay

$8,123/month

$97.5K

Additional Tax Information

Colorado Springs, CO Tax Rates

Sales Tax:7.8%

Property Tax:0.5%

Portland, OR Tax Rates

Sales Tax:0.0%

Property Tax:0.9%

💡 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.