salaryColorado Springs is the 2nd-largest city in Colorado that we track, with 487,887 residents. Rent is higher than in 63% of U.S. cities. A typical house costs about 4.9 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $76,040 a year. That is $37 an hour at a full-time job.
Is rent cheaper than other Colorado cities?
Yes. Rent here is cheaper than in most of Colorado. It is number 37 of 112 cities from cheapest to most expensive.
Compare Colorado Springs with other big cities
Compare Colorado Springs to 149 other cities →
How much do households earn in Colorado Springs?
Share of households by yearly income. 31.3% of households earn $100,000 or more.
Rent by apartment size in Colorado Springs
| Size | Colorado Springs | U.S. average |
|---|---|---|
| Studio | $1,211 | $1,338 |
| 1 bedroom | $1,475 | $1,324 |
| 2 bedrooms | $1,691 | $1,509 |
| 3 bedrooms | $2,174 | $1,698 |
| 4 bedrooms | $2,485 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Colorado Springs overall?
Everyday prices in the Colorado Springs metro area are 1% above the U.S. average (index 100.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Colorado Springs
Life in Colorado Springs
What jobs pay in Colorado Springs
| Job | Median pay | Rent / pay |
|---|---|---|
| Pharmacist | $154,050 | 14.8% |
| Physician Assistant | $135,200 | 16.9% |
| Software Developer | $134,280 | 17.0% |
| Nurse Practitioner | $129,950 | 17.6% |
| Computer Systems Analyst | $128,740 | 17.7% |
| Operations Manager | $120,770 | 18.9% |
| Dental Hygienist | $118,410 | 19.3% |
| Lawyer | $106,320 | 21.5% |
| Registered Nurse | $96,140 | 23.7% |
| Civil Engineer | $94,840 | 24.1% |
| Police Officer | $91,580 | 24.9% |
| Market Research Analyst | $90,210 | 25.3% |
| Accountant | $85,000 | 26.8% |
| Licensed Practical Nurse | $68,360 | 33.4% |
| Firefighter | $63,110 | 36.1% |
| HVAC Technician | $61,460 | 37.1% |
| Elementary School Teacher | $61,140 | 37.3% |
| Plumber | $60,510 | 37.7% |
| Truck Driver | $59,790 | 38.2% |
| Electrician | $59,210 | 38.5% |
| Carpenter | $57,430 | 39.7% |
| Server (Waiter/Waitress) | $46,230 | 49.3% |
| Nursing Assistant | $46,120 | 49.5% |
| Customer Service Representative | $46,120 | 49.5% |
| Medical Assistant | $45,730 | 49.9% |
| Warehouse Worker | $41,080 | 55.5% |
| Restaurant Cook | $38,000 | 60.0% |
| Retail Salesperson | $36,060 | 63.3% |
| Cashier | $35,740 | 63.8% |
Is it cheaper to rent or buy in Colorado Springs?
Renting is cheaper right now: about $1,239 a month less.
Owning assumes a typical $452,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $45,260 for the down payment.
Frequently asked questions
What is the average rent in Colorado Springs, CO?
Renting in Colorado Springs costs a median of about $1,901 a month in 2026, including utilities. The Colorado median is $2,080.
How much do I need to make to live in Colorado Springs?
To keep rent under 30% of income, you need about $76,040 a year, or $37 an hour at a full-time job.
Is Colorado Springs cheap or expensive?
Colorado Springs is rated OK: rent takes 24.9% of the typical household income of $91,476. It ranks 37th cheapest of 112 Colorado cities we track.
How much are property taxes in Colorado Springs?
The median homeowner in Colorado Springs pays $1,765 a year in property taxes, about 0.39% of the median home value.
Is Colorado Springs more expensive than the national average?
Overall prices in the metro area are 1% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Colorado Springs?
The median home value in Colorado Springs is $452,600, about 4.9 times the typical yearly household income.
487,887 people live in Colorado Springs. Numbers are typical (middle) values.