Is Colorado Springs, CO cheaper than Portland, OR?

Based on cost of living data, Colorado Springs, CO is 20.8% cheaper than Portland, OR. This translates to saving $1558 per month.

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

If you earn $150,000 in Portland, OR, you'd need approximately $131,307.692 in Colorado Springs, CO to maintain the same standard of living.

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

Housing in Colorado Springs, CO is 39.2% cheaper than in Portland, OR. For a two-bedroom apartment, rent is $1,800/month in Colorado Springs, CO compared to $1,900/month in Portland, OR.

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

Moving from Portland, OR to Colorado Springs, CO could save you approximately $1558 per month, or $18692 per year, based on a $150,000 salary.

MoveNumbers

Portland, OR

Tap to swap

Colorado Springs, CO

Cost of Living Comparison 2026

Current salary in Portland, OR

Numbers update automatically as you type

You'd save $1.6K/month moving to Colorado Springs, CO

$150.0K in your current city equals $131.3K in Colorado Springs, CO

Rent data from HUD ZIP-level estimates · COL index from Portland-Vancouver-Hillsboro, OR-WA area

Overall Cost

↓ 20.8%

Less expensive

Monthly Impact

$1,558

Savings

Annual Impact

$18.7K

Per year

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

Portland, OR

Population:641K

Cost Index:100

Median Home:$535K

Colorado Springs, CO

Population:479K

Cost Index:79

Median Home:$415K

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

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: Portland, OR vs Colorado Springs, CO

Category	Portland, OR	Colorado Springs, CO	Difference	Change
🏠Housing	$4,704/mo	$2,859/mo	↓ $1,845less	39.2%
🚗Transportation	$1,721/mo	$1,270/mo	↓ $451less	26.2%
📦Other	$1,925/mo	$1,791/mo	↓ $134less	7.0%
🛒Groceries	$1,069/mo	$999/mo	↓ $69.95less	6.5%
🏥Healthcare	$663/mo	$626/mo	↓ $37.17less	5.6%
⚡All Utilities	$475/mo	$454/mo	↓ $21.86less	4.6%

🏠Housing

↓ 39.2%

Portland, OR

$4,704

Colorado Springs, CO

$2,859

Difference

$1,845

less

🚗Transportation

↓ 26.2%

Portland, OR

$1,721

Colorado Springs, CO

$1,270

Difference

$451

less

📦Other

↓ 7.0%

Portland, OR

$1,925

Colorado Springs, CO

$1,791

Difference

$134

less

🛒Groceries

↓ 6.5%

Portland, OR

$1,069

Colorado Springs, CO

$999

Difference

$69.95

less

🏥Healthcare

↓ 5.6%

Portland, OR

$663

Colorado Springs, CO

$626

Difference

$37.17

less

⚡All Utilities

↓ 4.6%

Portland, OR

$475

Colorado Springs, CO

$454

Difference

$21.86

less

🏛️ 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$1,555

To$1,240

↓ $315

1 Bed

From$1,655

To$1,520

↓ $135

2 Bed

From$1,900

To$1,800

↓ $100

3 Bed

From$2,590

To$2,505

↓ $85.00

Portland, ORZIP-level data

1BR range: $1,580–$2,030/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.

$10,557

Monthly in Portland, OR

$7,999

Monthly in Colorado Springs, CO

$2,559

Difference

Home Values

Portland

Colorado Springs

$535K

Median Value

$415K

↓ -1.2%

YoY Change

↓ -2.2%

↑ +7.2%

5-Year Change

↑ +22.4%

$351K - $760K

Price Range

$314K - $709K

Homes in Colorado Springs are 22% less expensive than Portland

Calculate payment - Portland Calculate payment - Colorado Springs

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $8.9K

Per year

Monthly Difference

$743

More take-home

Effective Rate Diff

5.9%

Rate difference

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

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

Portland, OR Tax Rates

Sales Tax:0.0%

Property Tax:0.9%

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.