Cost of Living in Colorado Springs, CO (2026) – Salary Needed & Budget Calculator

Thinking about moving to Colorado Springs? Use this 2026 Colorado Springs cost of living calculator to estimate rent, groceries, utilities, transportation, healthcare and taxes.

Monthly Budget Breakdown

Net Monthly Income
$3,712.83
Estimated Expenses
$3,131.50
Monthly Remaining
$581.33
Comfortable Buffer
🟢 Budget Assessment

Your salary provides a comfortable buffer for life in Colorado Springs. You can save and enjoy leisure activities.

With this income, you can potentially save around $6,976 per year.
Category Monthly Cost
Rent (Single) $1,450.00
Utilities $265.00
Groceries $450.00
Transportation (Public) $350.00
Healthcare $400.00
Miscellaneous (10.0%) $216.50
Total Estimated Costs $3,131.50
Tax & Benefits Breakdown
Federal: $434.67/mo
FICA: $382.50/mo
State: $220.00/mo
Benefits: $250.00/mo

2026 Colorado Springs, CO Cost of Living: At the Foot of Pikes Peak

Colorado Springs offers breathtaking views and a strong military and aerospace presence. It is often cited as one of the best places to live for its balance of affordability and natural beauty.

🏠 Housing

A 1-bedroom apartment in 2026 averages $1,450. It remains more affordable than Denver, making it a popular choice for families and those looking for more space without leaving the Rockies.

🏔️ Natural Wonders

Residents have Garden of the Gods and Pikes Peak in their backyard. The city is a major hub for the US Olympic Committee and various military installations, providing a stable economic foundation.

Salary Needed to Live Comfortably

In our estimation, to live a comfortable life in Colorado Springs with a buffer for savings and hobbies, you would need a gross annual salary of approximately:

$66,104.00

This assumes you want to save at least $1,000 per month after all expenses and taxes.

Frequently Asked Questions

Colorado Springs's cost of living is relative. Compared to NYC or SF, it might be affordable, but compared to national averages, it ranks within average bounds.

For most residents, housing is the primary driver of the cost of living, with median rents for a 1-bedroom apartment currently around $1,450.
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Calculator Disclaimer

The results provided by this calculator are estimates based on publicly available data and modeling assumptions. Actual living costs, taxes, and relocation expenses may vary depending on personal circumstances, market conditions, and local regulations. This tool is intended for informational purposes only and should not be considered financial, tax, or legal advice. Always consult a qualified professional before making financial or relocation decisions.