Cost of Living: Colorado Springs, CO vs Downey, CA (2026)

Colorado Springs

Colorado
119
VS

Downey

California
169

Colorado Springs is 30% cheaper than Downey.

$1,562/mo ↓ 17%
Median Rent
$1,892/mo ↑ 21%
$83,198/yr ↓ 5%
Median Income
$87,400/yr ↑ 5%
$420,700 ↓ 42%
Home Value
$728,500 ↑ 73%
$1,592/mo ↓ 20%
Owner Costs
$1,997/mo ↑ 25%
483,099
Population
111,793

Tax Comparison

4.4%
Income Tax
13.3%
2.9%
State Sales Tax
7.25%
0.51%
Property Tax
0.71%

Affordability

22.5%
rent-to-income
Affordability
26.0%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Downey, CA, the overall cost of living indices are 119 and 169 respectively (national median = 100). Rent is $330/month cheaper in Colorado Springs, saving renters about $3,960/year.

Median household income is $4,202/year higher in Downey. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $728,500 in Downey.

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

Frequently Asked Questions

Colorado Springs vs Downey — common questions

Is Colorado Springs or Downey cheaper to live in?
Based on our cost index, Colorado Springs is cheaper to live in with an index of 119 compared to 169 (US average = 100).
What is the rent difference between Colorado Springs and Downey?
Median rent in Colorado Springs is $1,562/month and in Downey it's $1,892/month — a difference of $330/month.
Which city has higher income, Colorado Springs or Downey?
Median household income is $83,198 in Colorado Springs and $87,400 in Downey. Median household income is $4,202/year higher in Downey.
How do taxes compare between Colorado and California?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. California has 13.3% income tax, 7.25% sales tax, and 0.71% property tax.
Should I move to Colorado Springs or Downey?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Downey has a cost index of 169 with rent of $1,892/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Colorado Springs details → View Downey details →

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