Is Colorado Springs or Memphis more affordable?
Colorado Springs has a median rent of $1,450/month, while Memphis is $950/month. Memphis is more affordable for renters.
City comparison
Side-by-side comparison of cost of living, taxes, climate, and quality of life between Colorado Springs and Memphis.
2
Colorado Springs wins
of 5 metrics
tracked
3
Memphis wins
CO
Colorado Springs
TN
Memphis
Overview
Population
Median Income
-37.5%Cost of Living
Median Rent / mo
-34.5%Median Home Price
-63.1%Rent-to-Income %
Taxes
State Income Tax
Local Tax Rate
Climate & Weather
Avg High Temp
Avg Low Temp
Sunny Days / Year
Annual Rainfall
Who should choose
Colorado Springs is a city in Colorado with a population of 478,221.
Read full Colorado Springs guide →Who should choose
Memphis is a city in Tennessee with a population of 633,104.
Read full Memphis guide →Colorado Springs has a median rent of $1,450/month, while Memphis is $950/month. Memphis is more affordable for renters.
Colorado has a 4.40% state income tax. Tennessee has no state income tax. Memphis wins on state income tax.
Colorado Springs gets 297 sunny days/year. Memphis gets 214 sunny days/year. Avg high in Colorado Springs: 63°F. Avg high in Memphis: 70°F
Colorado Springs. Memphis. The right choice depends on your priorities — income, affordability, taxes, and climate all play a role.
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Green values indicate a better outcome for that metric.