Is Colorado Springs, CO cheaper than Nashville, TN?

Based on cost of living data, Colorado Springs, CO is 0.0% cheaper than Nashville, TN. The two cities have very similar living costs.

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

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

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

Housing in Colorado Springs, CO is 7.8% more expensive than in Nashville, TN. For a two-bedroom apartment, rent is $1,800/month in Colorado Springs, CO compared to $1,840/month in Nashville, TN.

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

Nashville, TN and Colorado Springs, CO have very similar costs of living, based on a $150,000 salary.

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Nashville, TN

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Colorado Springs, CO

Cost of Living Comparison 2026

Current salary in Nashville, TN

Numbers update automatically as you type

Nashville, TN and Colorado Springs, CO have similar living costs

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

Rent data from HUD ZIP-level estimates · COL index from Nashville-Davidson-Murfreesboro-Franklin, TN area

Overall Cost

→ 0.0%

Same cost

Monthly Impact

No change

Annual Impact

Per year

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

Nashville, TN

Population:689K

Cost Index:100

Median Home:$489K

Colorado Springs, CO

Population:479K

Cost Index:100

Median Home:$415K

Nashville, TN

The Volunteer State

689K

Population

State Tax

No Income Tax

Climate

Humid subtropical

Notable Facts

•Music City USA
•Country music capital
•Healthcare industry hub

Major Industries

Music IndustryHealthcareTourismFinance

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: Nashville, TN vs Colorado Springs, CO

Category	Nashville, TN	Colorado Springs, CO	Difference	Change
🏠Housing	$2,651/mo	$2,859/mo	↑ $208more	7.8%
📦Other	$1,942/mo	$1,791/mo	↓ $151less	7.8%
⚡All Utilities	$519/mo	$454/mo	↓ $65.57less	12.6%
🛒Groceries	$949/mo	$999/mo	↑ $49.96more	5.3%
🏥Healthcare	$607/mo	$626/mo	↑ $18.59more	3.1%
🚗Transportation	$1,284/mo	$1,270/mo	↓ $13.66less	1.1%

🏠Housing

↑ 7.8%

Nashville, TN

$2,651

Colorado Springs, CO

$2,859

Difference

$208

📦Other

↓ 7.8%

Nashville, TN

$1,942

Colorado Springs, CO

$1,791

Difference

$151

less

⚡All Utilities

↓ 12.6%

Nashville, TN

$519

Colorado Springs, CO

$454

Difference

$65.57

less

🛒Groceries

↑ 5.3%

Nashville, TN

$949

Colorado Springs, CO

$999

Difference

$49.96

🏥Healthcare

↑ 3.1%

Nashville, TN

$607

Colorado Springs, CO

$626

Difference

$18.59

🚗Transportation

↓ 1.1%

Nashville, TN

$1,284

Colorado Springs, CO

$1,270

Difference

$13.66

less

🏠Rent Comparison

Studio

From$1,600

To$1,240

↓ $360

1 Bed

From$1,680

To$1,520

↓ $160

2 Bed

From$1,840

To$1,800

↓ $40.00

3 Bed

From$2,350

To$2,505

↑ $155

Nashville, TNZIP-level data

1BR range: $1,320–$2,230/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.

$7,952

Monthly in Nashville, TN

$7,999

Monthly in Colorado Springs, CO

$46.56

Difference

Home Values

Nashville

Colorado Springs

$489K

Median Value

$415K

↓ -2.1%

YoY Change

↓ -2.2%

↑ +32.1%

5-Year Change

↑ +22.4%

$320K - $1.16M

Price Range

$314K - $709K

Homes in Colorado Springs are 15% less expensive than Nashville

Calculate payment - Nashville Calculate payment - Colorado Springs

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $6.6K

More taxes

Monthly Difference

$550

Less take-home

Effective Rate Diff

4.4%

Rate difference

Nashville, TN

Federal Income Tax

Effective: 18.9%

$25.5K

Tennessee State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

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

Nashville, TN Tax Rates

Sales Tax:9.5%

Property Tax:0.7%

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.