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Cost of Living: New York, NY vs Colorado Springs, CO

A data-driven comparison of housing, groceries, transportation, taxes, job market and more. See which city gives you more for your money.

30.3% Colorado Springs, CO is cheaper overall
43.6% 43.6% cheaper housing
15.5% 15.5% cheaper groceries
Updated April 2026 · Data: Bureau of Labor Statistics, U.S. Census Bureau National average = 100

At a Glance

🏠 Housing 43.6% cheaper
New York
195
Colorado Springs
110
🛒 Groceries 15.5% cheaper
New York
116
Colorado Springs
98
🚗 Transportation 24.6% cheaper
New York
130
Colorado Springs
98
🏥 Healthcare 13.0% cheaper
New York
115
Colorado Springs
100
⚡ Utilities 17.9% cheaper
New York
112
Colorado Springs
92

Detailed Breakdown

Category New York, NY Colorado Springs, CO Difference
Overall Cost Index14510130.3% less
Housing19511043.6% less
Median 1BR Rent$3,200$1,35057.8% less
Median Home Price$750,000$400,00046.7% less
Groceries1169815.5% less
Transportation1309824.6% less
Healthcare11510013.0% less
Utilities1129217.9% less

Tax Comparison

Tax Type New York, NY Colorado Springs, CO
State Income Tax10.90% (top)4.40%
State Sales Tax4.00%2.90%
Avg Property Tax Rate1.40%0.49%
Estate / Inheritance TaxYesNone

What You'd Need to Earn

New York, NY
$115,000
Median household income
Colorado Springs, CO
$72,000
Median household income
⚠️ Heads up: Colorado Springs costs more but median income is lower. You may need to earn more to maintain the same standard of living.

Salary Equivalent Calculator

Find out what you'd need to earn in Colorado Springs to maintain your New York lifestyle.

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Based on overall cost index: New York (145) vs Colorado Springs (101). This is an estimate for comparison purposes.

Job Market Snapshot

Unemployment Rate
New York5.1%
Colorado Springs3.4%
Job Growth (YoY)
New York2.8%
Colorado Springs3.1%
Top Industries
New YorkFinance, Media, Tech
Colorado SpringsMilitary, Tech, Tourism

Quality of Life

Avg Commute
New York41 min
Colorado Springs24 min
Walk Score
New York89
Colorado Springs34
Air Quality (AQI)
New York48
Colorado Springs40
Avg Temperature
New York55°F
Colorado Springs49°F
Population
New York8,258,035
Colorado Springs478,961

Moving from New York to Colorado Springs?

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Planning Your Move?

Here are some helpful resources if you're considering relocating.

🏠 Find ApartmentsBrowse rentals in New York and Colorado Springs → 🚚 Get Moving QuotesCompare prices from top movers → 📈 Check Home ValuesSee real estate trends in both cities → 💼 Search JobsFind open positions in Colorado Springs →

Compare Other Cities

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Frequently Asked Questions

Is New York or Colorado Springs cheaper to live in?+
Colorado Springs is the more affordable option overall. The biggest difference is in housing costs, where the gap is about 43.6%. Day-to-day expenses like groceries and transportation are closer between the two cities.
How much is rent in New York vs Colorado Springs?+
A typical one-bedroom apartment costs around $3,200/month in New York and $1,350/month in Colorado Springs — a difference of about $1,850 per month.
Which city has lower taxes, New York or Colorado Springs?+
New York has a state income tax of 10.90% (top) and sales tax of 4.00%. Colorado has a state income tax of 4.40% and sales tax of 2.90%. Consider all tax types together when evaluating total tax burden, as states with no income tax often compensate with higher sales or property taxes.
Can I afford to move from New York to Colorado Springs?+
Median household income in New York is $115,000 compared to $72,000 in Colorado Springs. Use the salary calculator above to see what you'd need to earn to maintain your current standard of living.
What about buying a home in New York vs Colorado Springs?+
The median home price in New York is $750,000 versus $400,000 in Colorado Springs — a difference of $350,000. Property tax rates also differ: New York averages 1.40% while Colorado averages 0.49%.