El Paso County · Colorado
Cost of living in Colorado Springs, CO
Price levels published by the Bureau of Economic Analysis for Colorado Springs, CO, with the national average set to 100 — so 108 means things cost 8% more here than the US average.
Quick answer
Living in Colorado Springs, CO costs in line with the national average — an all-items price level of 100.7. To match the buying power of a $100,000 national-average salary you would need about $100,707 here.
- All items
- 100.7US average = 100
- Housing
- 116.216.2% above the national average
- Goods
- 96.13.9% below the national average
- Other services
- 99.8in line with the national average
Price level by component
Where the difference actually comes from.
| Component | Index | vs US | What it covers |
|---|---|---|---|
| Goods | 96.1 | -3.9% | Groceries, fuel, clothing, durable purchases. |
| Housing | 116.2 | +16.2% | Rents and imputed rents — the biggest single swing factor. |
| Utilities | 83.2 | -16.8% | Electricity, gas, water and other household energy. |
| Other services | 99.8 | -0.2% | Healthcare, dining, repairs, personal services. |
What your salary is worth in Colorado Springs, CO
Enter a salary. We deflate it by the local price level (100.7 where 100 is the US average) and show what you would need to earn here to match the same pay somewhere average.
- Real value here
- $79,016
- Needed to match US average
- $80,138
- Monthly difference
- $47
What a local paycheck is really worth
Nominal pay is only half the story.
The median household in Colorado Springs earns $79,575. Deflated by the local price level, that is $79,016 in national-average dollars — the BEA calls this real income, and it is simply income × 100 ÷ 100.7.
More on Colorado Springs
Same city, other datasets.
2024 BEA Regional Price Parities, published for Colorado Springs, CO. Parities are metro-wide, so a single neighbourhood can sit well above or below these figures.