Cost of Living: Colorado Springs, CO vs Cape Coral, FL (2026)

Colorado Springs

Colorado
119
VS

Cape Coral

Florida
114

Colorado Springs is 4% more expensive than Cape Coral.

$1,562/mo ↓ 11%
Median Rent
$1,751/mo ↑ 12%
$83,198/yr ↑ 9%
Median Income
$76,062/yr ↓ 9%
$420,700 ↑ 24%
Home Value
$339,200 ↓ 19%
$1,592/mo ↑ 5%
Owner Costs
$1,523/mo ↓ 4%
483,099
Population
206,387

Tax Comparison

4.4%
Income Tax
0%
2.9%
State Sales Tax
6.0%
0.51%
Property Tax
0.86%

Affordability

22.5%
rent-to-income
Affordability
27.6%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Cape Coral, FL, the overall cost of living indices are 119 and 114 respectively (national median = 100). Rent is $189/month cheaper in Colorado Springs, saving renters about $2,268/year.

Median household income is $7,136/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $339,200 in Cape Coral.

Florida has no state income tax, giving Cape Coral residents a significant tax advantage over Colorado's 4.4% rate.

Frequently Asked Questions

Colorado Springs vs Cape Coral — common questions

Is Colorado Springs or Cape Coral cheaper to live in?
Based on our cost index, Cape Coral is cheaper to live in with an index of 114 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Cape Coral?
Median rent in Colorado Springs is $1,562/month and in Cape Coral it's $1,751/month — a difference of $189/month.
Which city has higher income, Colorado Springs or Cape Coral?
Median household income is $83,198 in Colorado Springs and $76,062 in Cape Coral. Median household income is $7,136/year higher in Colorado Springs.
How do taxes compare between Colorado and Florida?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Colorado Springs or Cape Coral?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Cape Coral has a cost index of 114 with rent of $1,751/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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