Natural Leaf Colorado Springs (2024)

FAQs

What salary is needed to live comfortably in Colorado Springs? ›

The cost of living in Colorado Springs, CO is 2% higher than the state average and 8% higher than the national average. Colorado Springs, CO housing is 12% more expensive than the U.S average, while utilities are about 2% less pricey.

The Surprising Cost of Living in Colorado Springs

While the cost of living here is 5 percent higher than the national average, it's lower than nearby Denver — which is 11 percent higher than the national average. And, surprisingly, not everything is more expensive here than the national average.

Colorado Springs is just the place! The city ranked #3 overall in ValuePenguin's national list of most health-conscious cities. Colorado had three cities in the top 20 overall. Denver ranked #8 and Aurora ranked #19.

The median listing home price in Colorado Springs, CO was $479.9K in May 2024, trending down -4% year-over-year. The median listing home price per square foot was $224. The median home sold price was $450K.

What is the living wage in Colorado? The living wage in Colorado is $16.54 per hour, or $34,488 per year. This is the hourly wage that a worker needs to earn to support themselves and their family. The living wage is higher than the minimum wage, but it is still below the average wage.

Con: High altitude

Located at an elevation of over 6,000 feet, Colorado Springs' high altitude can be a challenge for new residents and visitors.

In 2022, Colorado Springs, CO had a population of 480k people with a median age of 35.1 and a median household income of $79,026. Between 2021 and 2022 the population of Colorado Springs, CO grew from 475,282 to 479,612, a 0.911% increase and its median household income grew from $71,957 to $79,026, a 9.82% increase.

Mountain views, an abundance of outdoor recreation, and ample job opportunities are just a few reasons The Springs is one of the best places to live in the U.S. Plus, it's one of the nation's most dog-friendly cities. Here are 13 things to know about living in Colorado Springs!

From affluent communities featuring Victorian mansions to eclectic, hip, and trendy neighborhoods, Colorado Springs has it all. The neighborhoods are just as unique as the people, and the Broadmoor, Old North End, Rockrimmon, Briargate, and West Side/Old Colorado City stand out as the best.

Is rent high in Colorado Springs? ›

Colorado Springs is the #47 most expensive large city in the U.S., with a median rent of $1,440.

The study notes that the moving trends are focused on affordable housing, lower taxes and higher quality of life.

It's the fifth time in the last six years Colorado Springs ranked No. 1 as the most desirable place to live. This marks the seventh straight year Colorado Springs placed inside the top 10 of the “Best Places to Live” overall listing, as it moved up six spots after ranking ninth a year ago.

In 2022, Colorado Springs, CO had a population of 480k people with a median age of 35.1 and a median household income of $79,026. Between 2021 and 2022 the population of Colorado Springs, CO grew from 475,282 to 479,612, a 0.911% increase and its median household income grew from $71,957 to $79,026, a 9.82% increase.

Because the average rent in Colorado Springs is $1,307, you'll want to make about $4,356 per month or $52,272 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you'll want to consider additional factors, such as your monthly bills and other expenses.

In Denver, making $95,000 a year isn't enough to break you out of the lower middle class, according to a new study – but it is close. GOBankingRates researched the 100 largest cities in the U.S. and found the median household incomes for those cities.