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Colorado Springs vs Minneapolis: which is cheaper?

Colorado Springs is 4% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $62,452 in Minneapolis to live the same way.

🏠 Rent per month
$1,901
$1,649
🛏️ 2-bedroom rent
$1,691
$1,805
💵 Families earn per year
$91,476
$87,192
🔑 Buying a house
$452,600
$362,200
📊 Overall prices (U.S. = 100)
100.7
104.8
🏛️ Property tax per year
$1,765
$4,339
⚡ Electric bill per month
$139
$91
👥 People living there
487,887
427,246
Commute to work
22.7 min
22 min
College degree
42.7%
55.5%
Own their home
60.9%
47.7%
Below poverty line
9%
16%
Unemployment
5.6%
5.9%

Bottom line

Pay for the same job

JobColorado SpringsMinneapolisDifference
Plumber$60,510$101,630+68% in Minneapolis
Lawyer$106,320$159,620+50% in Minneapolis
Server (Waiter/Waitress)$46,230$25,920-44% in Minneapolis
Electrician$59,210$81,890+38% in Minneapolis
Firefighter$63,110$39,350-38% in Minneapolis
Elementary School Teacher$61,140$79,730+30% in Minneapolis
Carpenter$57,430$74,060+29% in Minneapolis
HVAC Technician$61,460$77,490+26% in Minneapolis

Frequently asked questions

Is Colorado Springs or Minneapolis cheaper to live in?

Colorado Springs is about 4% cheaper overall. Rent is $1,901 a month there versus $1,649 in Minneapolis.

What salary do I need in Minneapolis to match $60,000 in Colorado Springs?

About $62,452 a year gives the same standard of living in Minneapolis.

Where do people earn more, Colorado Springs or Minneapolis?

The typical household earns $91,476 in Colorado Springs and $87,192 in Minneapolis, 5% more in Colorado Springs.

More comparisons

All Colorado Springs comparisons → · All Minneapolis comparisons →

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