Cost of Living: Colorado Springs, CO vs Alexandria, VA (2026)

Colorado Springs

Colorado
119
VS

Alexandria

Virginia
173

Colorado Springs is 31% cheaper than Alexandria.

$1,562/mo ↓ 23%
Median Rent
$2,031/mo ↑ 30%
$83,198/yr ↓ 27%
Median Income
$113,638/yr ↑ 37%
$420,700 ↓ 40%
Home Value
$696,800 ↑ 66%
$1,592/mo ↓ 27%
Owner Costs
$2,173/mo ↑ 36%
483,099
Population
156,788

Tax Comparison

4.4%
Income Tax
5.75%
2.9%
State Sales Tax
5.3%
0.51%
Property Tax
0.8%

Affordability

22.5%
rent-to-income
Affordability
21.4%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Alexandria, VA, the overall cost of living indices are 119 and 173 respectively (national median = 100). Rent is $469/month cheaper in Colorado Springs, saving renters about $5,628/year.

Median household income is $30,440/year higher in Alexandria. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $696,800 in Alexandria.

Colorado has a lower income tax rate, making Colorado Springs slightly more tax-friendly.

Frequently Asked Questions

Colorado Springs vs Alexandria — common questions

Is Colorado Springs or Alexandria cheaper to live in?
Based on our cost index, Colorado Springs is cheaper to live in with an index of 119 compared to 173 (US average = 100).
What is the rent difference between Colorado Springs and Alexandria?
Median rent in Colorado Springs is $1,562/month and in Alexandria it's $2,031/month — a difference of $469/month.
Which city has higher income, Colorado Springs or Alexandria?
Median household income is $83,198 in Colorado Springs and $113,638 in Alexandria. Median household income is $30,440/year higher in Alexandria.
How do taxes compare between Colorado and Virginia?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax.
Should I move to Colorado Springs or Alexandria?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Alexandria has a cost index of 173 with rent of $2,031/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Colorado Springs details → View Alexandria details →

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