Colorado Springs has a higher cost of living than the United States average, but it’s still more affordable compared to other parts of Colorado! In fact, Colorado Springs is very affordable compared to Denver, Colorado, which has a cost of living of nearly 1.5x the average American city!
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Should I live in Denver or Colorado Springs?
Several recent surveys are giving the nod to Colorado Springs. U.S. News and World Report ranked Colorado Springs as the second-best place to live in 2018, and the most desirable city in the country. Meanwhile, Denver was ranked as the third-best place to live and barely squeaked into the top ten for desirability.
Is it more expensive to live in Denver or Colorado Springs?
Colorado Springs is 18.8% less expensive than Denver. Colorado Springs housing costs are 32.4% less expensive than Denver housing costs. Health related expenses are 2.8% more in Colorado Springs.
Is it expensive to live in Colorado Springs?
Cost of Living in Colorado Springs, Colorado by Expense Category. Colorado Springs’s housing expenses are 2% lower than the national average and the utility prices are 26% lower than the national average. Transportation expenses like bus fares and gas prices are 3% lower than the national average.
Is Colorado Springs an affordable place to live?
Colorado Springs offers many of the same amenities as Denver without the high rent prices.The city’s median rent is just $1,131 per month, so it’s a great home base for young working professionals.
Does it snow more in Colorado Springs or Denver?
Colorado Springs averages less snow than Denver (40.7 inches versus 53.8). You’ll find more snow in the foothills For example, Evergreen which is close to Denver averages 83.6 inches.
Do you like living in Colorado Springs?
One of the most important things about living in Colorado Springs is the city’s quality of life. Due to great weather year-round, residents are frequently able to enjoy a variety of outdoor activities.Colorado Springs is a well-rounded, happy, and healthy city.
How much do you need to make a year to live comfortably in Colorado Springs?
Most financial advisors recommend spending no more than 30 percent of your annual income on rent. This means you would need to earn around $40,960 per year to comfortably afford a one-bedroom apartment in Colorado Springs.
What is a good salary in Colorado Springs?
Do Good Salary in Colorado Springs, CO
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $122,138 | $10,178 |
| 75th Percentile | $114,152 | $9,512 |
| Average | $67,352 | $5,612 |
| 25th Percentile | $35,701 | $2,975 |
What are the winters like in Colorado Springs?
The temperature tends to fluctuate between 28 and 61 degrees fahrenheit, with very little snow till Spring. The beautiful thing about winter weather in Colorado Springs is the lack of humidity.
Why is Colorado Springs housing so expensive?
Colorado Springs is a minimally walkable city with a population of approximately 415,281 people. There is a high demand but low inventory in the Colorado Springs real estate market. Housing prices in Colorado Springs are still increasing because of this effect of supply and demand.
What is a livable salary in Colorado Springs?
Living Wage Calculation for El Paso County, Colorado
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $14.78 | $33.39 |
| Poverty Wage | $6.13 | $12.60 |
| Minimum Wage | $12.00 | $12.00 |
Does it snow bad in Colorado Springs?
Colorado Springs, Colorado gets 18 inches of rain, on average, per year. The US average is 38 inches of rain per year. Colorado Springs averages 57 inches of snow per year.
What is the cheapest mountain town to live in?
Top 10 Most Affordable Mountain Towns in the USA
- Durango, CO – Average Home Cost: $397,124.
- Granby, CO – Average Home Cost: $354,721.
- Big Bear, CA – Average Home Cost: $312,662.
- Maggie Valley, NC – Average Home Cost: $253,851.
- Conway, NH – Average Home Cost: $237,708.
- Poconos, PA – Average Home Cost: $199,797.
Where is the cheapest place to live near Colorado Springs?
The 5 Most Affordable Neighborhoods in Colorado Springs
- CUMBERLAND GREEN.
- MERIDIAN RANCH.
- MESA RIDGE.
- THE GLEN AT WIDEFIELD.
What state has the cheapest cost of living?
States with the Lowest Cost of Living
- Mississippi. Mississippi has the lowest cost out of living of all 50 states.
- Oklahoma. Oklahoma has the second-lowest cost of living in the United States.
- Arkansas. The state with the third-lowest cost of living in Arkansas.
- Kansas.
- Missouri.
- Georgia.
- Alabama.
- New Mexico.
Is Colorado Springs warmer than Denver?
Denver, Colorado has more extreme temperatures than Colorado Springs, with hotter summers and cooler winters.Denver also sees a few days over each summer that clear 100 degrees in temperature, although the average is a temperate 86.
Is Colorado Springs higher elevation than Denver?
Lowest vs Highest Elevation in Colorado
To give you a base for elevations in Colorado, Denver sits at an elevation of 5,280 feet (the Mile High City). Fort Collins to the north is similar at 5,003 ft and Colorado Springs to the south is higher at 6,035 ft.
How cold does it get in Colorado Springs?
In Colorado Springs, the summers are warm, the winters are very cold and snowy, and it is partly cloudy year round. Over the course of the year, the temperature typically varies from 20°F to 84°F and is rarely below 4°F or above 92°F.
What are the pros and cons of living in Colorado Springs?
Living in Colorado Springs Pros and Cons
- Pro: You’ll Have Plenty of Areas to Work Out and Get Fit. Fitness is a culture in Colorado Springs.
- Pro: Affordable Living.
- Pro: The City is Growing, But Doesn’t Feel Like a Big City.
- Pro: The Economy of Colorado Springs is Healthy.
- Con: The City is Having Growing Pains.
Is moving to Colorado worth it?
Residents live a healthy lifestyle
Consider moving to Colorado. Thanks to the state’s endless number of outdoor activities, healthy food options and health-focused culture, Colorado is one of the healthiest states in the country. According to Mind Body Green, the state also has the lowest obesity rate in the country.
