Is Colorado Springs expensive to live in?
Median income: $66,013. Median rent: $1,450. Median home price: $420,000.
Relocation guide · Colorado
Colorado Springs, CO city guide. Population is 478,221. Median household income is $66,013. Median rent is $1,450.
Median Rent
$1,450/mo
Median Income
$66,013
State Tax
4.4%
Population
478,221
Cost of living
Median income: $66,013. Median rent: $1,450. Median home price: $420,000.
Median Rent/mo
$1,450
Median Home Price
$420,000
Median Income
$66,013
Rent-to-Income
26%
Taxes
State tax rate: 4.4%. Local tax rate: 8.25%.
State Income Tax
4.40%
Local Tax Rate
8.25%
Climate
Average high: 63°F. Average low: 36°F. Annual rainfall: 17 inches. Sunny days: 297.
Avg High Temp
63°F
Avg Low Temp
36°F
Sunny Days/yr
297
Annual Rainfall
17"
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Median income: $66,013. Median rent: $1,450. Median home price: $420,000.
The median rent in Colorado Springs is $1,450/month. Median home price is $420,000. Many newcomers rent for the first year to learn the neighborhoods before buying.
State tax rate: 4.4%. Local tax rate: 8.25%.
Colorado Springs, CO city guide. Population is 478,221. Median household income is $66,013. Median rent is $1,450.
Research neighborhoods carefully — Colorado Springs has significant variation in cost and lifestyle by area.
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Updated 2026.