Is Colorado Springs, CO cheaper than Denver, CO?

Based on cost of living data, Colorado Springs, CO is 6.4% cheaper than Denver, CO. This translates to saving $477 per month.

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

If you earn $150,000 in Denver, CO, you'd need approximately $144,272.727 in Colorado Springs, CO to maintain the same standard of living.

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

Housing in Colorado Springs, CO is 12.0% cheaper than in Denver, CO. For a two-bedroom apartment, rent is $1,800/month in Colorado Springs, CO compared to $2,190/month in Denver, CO.

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

Moving from Denver, CO to Colorado Springs, CO could save you approximately $477 per month, or $5727 per year, based on a $150,000 salary.

MoveNumbers

Denver, CO

Tap to swap

Colorado Springs, CO

Cost of Living Comparison 2026

Current salary in Denver, CO

Numbers update automatically as you type

You'd save $477/month moving to Colorado Springs, CO

$150.0K in your current city equals $144.3K in Colorado Springs, CO

Rent data from HUD ZIP-level estimates · COL index from Denver-Aurora-Lakewood, CO area

Overall Cost

↓ 6.4%

Less expensive

Monthly Impact

$477

Savings

Annual Impact

$5.7K

Per year

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

Denver, CO

Population:716K

Cost Index:100

Median Home:$513K

Colorado Springs, CO

Population:479K

Cost Index:94

Median Home:$415K

Denver, CO

The Centennial State

716K

Population

State Tax

Yes

Climate

Semi-arid

Notable Facts

•Mile-high city (5,280 ft)
•Outdoor recreation hub
•Major cannabis market

Major Industries

AerospaceTechnologyEnergyTourism

Colorado Springs, CO

The Centennial State

479K

Population

State Tax

Yes

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

Cost Breakdown by Category

Annual spending: Denver, CO vs Colorado Springs, CO

Category	Denver, CO	Colorado Springs, CO	Difference	Change
🏠Housing	$3,248/mo	$2,859/mo	↓ $390less	12.0%
🚗Transportation	$1,462/mo	$1,270/mo	↓ $191less	13.1%
⚡All Utilities	$519/mo	$454/mo	↓ $65.57less	12.6%
🛒Groceries	$1,029/mo	$999/mo	↓ $29.98less	2.9%
📦Other	$1,774/mo	$1,791/mo	↑ $16.74more	0.9%
🏥Healthcare	$632/mo	$626/mo	↓ $6.20less	1.0%

🏠Housing

↓ 12.0%

Denver, CO

$3,248

Colorado Springs, CO

$2,859

Difference

$390

less

🚗Transportation

↓ 13.1%

Denver, CO

$1,462

Colorado Springs, CO

$1,270

Difference

$191

less

⚡All Utilities

↓ 12.6%

Denver, CO

$519

Colorado Springs, CO

$454

Difference

$65.57

less

🛒Groceries

↓ 2.9%

Denver, CO

$1,029

Colorado Springs, CO

$999

Difference

$29.98

less

📦Other

↑ 0.9%

Denver, CO

$1,774

Colorado Springs, CO

$1,791

Difference

$16.74

🏥Healthcare

↓ 1.0%

Denver, CO

$632

Colorado Springs, CO

$626

Difference

$6.20

less

🏛️ Local Income Taxes

Denver, CO: Denver Head Tax ($5.75/mo, negligible)$69.00/yr (0.0%)

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$1,720

To$1,240

↓ $480

1 Bed

From$1,840

To$1,520

↓ $320

2 Bed

From$2,190

To$1,800

↓ $390

3 Bed

From$2,870

To$2,505

↓ $365

Denver, COZIP-level data

1BR range: $1,620–$2,540/mo

Colorado Springs, COZIP-level data

1BR range: $1,210–$2,050/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.

$8,665

Monthly in Denver, CO

$7,999

Monthly in Colorado Springs, CO

$666

Difference

Home Values

Denver

Colorado Springs

$513K

Median Value

$415K

↓ -4.2%

YoY Change

↓ -2.2%

↑ +13%

5-Year Change

↑ +22.4%

$352K - $933K

Price Range

$314K - $709K

Homes in Colorado Springs are 19% less expensive than Denver

Calculate payment - Denver Calculate payment - Colorado Springs

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

→ $0

Same taxes

Monthly Difference

Same take-home

Effective Rate Diff

0.0%

Rate difference

Denver, 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

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

Additional Tax Information

Denver, CO Tax Rates

Sales Tax:7.8%

Property Tax:0.5%

Colorado Springs, CO Tax Rates

Sales Tax:7.8%

Property Tax:0.5%

💡 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.