Living Here

Cost of Living

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Colorado Springs offers a beautiful natural setting with a Rocky Mountain backdrop and its affordability makes living here the best of both location and value. Consistently falling below the national average for housing, utilities and other cost of living items, the Colorado Springs region gives residents the financial freedom to enjoy an ideally crafted lifestyle, all at a lower cost than other metropolitan areas in Colorado and across the country.

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Cost of Living Index

CityCompositeUtilitiesMisc. Goods
Washington, DC149.2118.7121.3
Boston, MA148.1158.0131.3
Seattle, WA145.1122.9135.6
Los Angeles, CA142.3106.3106.8
Portland, OR128.577.8120.5
Chicago, IL118.594.9108.2
Denver, CO110.492.6102.4
Reno, NV104.691.3111.2
Las Vegas, NV104.391.2101.5
Dallas, TX100.498.7106.6
NATIONAL AVERAGE100.0100.0100.0
Spokane, WA98.089.7101.1
Phoenix, AZ97.094.796.5
Albuquerque, NM94.985.195.8
Raleigh, NC94.496.2106.0
COLORADO SPRINGS, CO94.072.594.5
Salt Lake City, UT93.878.494.6
Boise, ID91.583.895.1

Source: C2ER - COLI 2016 Annual Average
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Housing Cost Comparison

 House
Price
Washington, DC$795,377
Los Angeles, CA686,082
Boston, MA576,189
Seattle, WA563,432
Portland, OR466,921
Chicago, IL460,745
Denver, CO413,831
Las Vegas, NV360,554
NATIONAL AVERAGE326,999
Albuquerque, NM313,411
Reno, NV309,801
Spokane, WA308,221
Phoenix, AZ308,054
Salt Lake City, UT306,902
COLORADO SPRINGS, CO294,831
Dallas, TX276,604
Boise, ID267,833
Raleigh, NC216,165
Source: C2ER - COLI 2016 Annual Average

Based on: A newly built home of approximately 2,400 square feet with 3 bedrooms, 2 full baths, living room, dining room, one fireplace, utility room, fully finished basement and attached 2-car garage on 8,000 square foot lot.
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Apartment Cost Comparison

CityMonthly
Rent
Boston, MA$2,668
Los Angeles, CA2,510
Portland, OR2,461
Washington, DC2,112
Seattle, WA2,050
Chicago, IL1,525
Denver, CO1,469
COLORADO SPRINGS, CO1,104
Dallas, TX1,058
Reno, NV1,047
NATIONAL AVERAGE1,008
Las Vegas, NV1,000
Phoenix, AZ974
Albuquerque, NM960
Salt Lake City, UT954
Spokane, WA799
Boise, ID795
Raleigh, NC756
Source: C2ER - COLI 2016 Annual Average

Based on: An apartment complex built within the past 10 years of approximately 950 square feet with 2-bedrooms, 1½ or 2 full baths. Water and sewer included in rent.
Best
Cities for First-Time Homebuyers CNBC 2016
#5
Best Place to Live U.S. News & World Report 2016
#7
Best Large City for Real Estate Markets Wallet Hub 2016
#7
Low-Tax City SmartAsset 2015
#11
Most Affordable American Cities Forbes 2015

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