Cost of Living: Colorado Springs, CO vs Dearborn, MI (2026)

Colorado Springs

Colorado
119
VS

Dearborn

Michigan
79

Colorado Springs is 51% more expensive than Dearborn.

$1,562/mo ↑ 24%
Median Rent
$1,264/mo ↓ 19%
$83,198/yr ↑ 28%
Median Income
$65,192/yr ↓ 22%
$420,700 ↑ 104%
Home Value
$205,900 ↓ 51%
$1,592/mo ↑ 36%
Owner Costs
$1,174/mo ↓ 26%
483,099
Population
107,846

Tax Comparison

4.4%
Income Tax
4.25%
2.9%
State Sales Tax
6.0%
0.51%
Property Tax
1.38%

Affordability

22.5%
rent-to-income
Affordability
23.3%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Dearborn, MI, the overall cost of living indices are 119 and 79 respectively (national median = 100). Rent is $298/month cheaper in Dearborn, saving renters about $3,576/year.

Median household income is $18,006/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $205,900 in Dearborn.

Michigan has a lower income tax rate, making Dearborn slightly more tax-friendly.

Frequently Asked Questions

Colorado Springs vs Dearborn — common questions

Is Colorado Springs or Dearborn cheaper to live in?
Based on our cost index, Dearborn is cheaper to live in with an index of 79 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Dearborn?
Median rent in Colorado Springs is $1,562/month and in Dearborn it's $1,264/month — a difference of $298/month.
Which city has higher income, Colorado Springs or Dearborn?
Median household income is $83,198 in Colorado Springs and $65,192 in Dearborn. Median household income is $18,006/year higher in Colorado Springs.
How do taxes compare between Colorado and Michigan?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Michigan has 4.25% income tax, 6.0% sales tax, and 1.38% property tax.
Should I move to Colorado Springs or Dearborn?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Dearborn has a cost index of 79 with rent of $1,264/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Colorado Springs details → View Dearborn details →

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