Cost of Living: Colorado Springs, CO vs Gilbert, AZ (2026)

Colorado Springs

Colorado
119
VS

Gilbert

Arizona
148

Colorado Springs is 20% cheaper than Gilbert.

$1,562/mo ↓ 23%
Median Rent
$2,028/mo ↑ 30%
$83,198/yr ↓ 31%
Median Income
$121,351/yr ↑ 46%
$420,700 ↓ 19%
Home Value
$518,600 ↑ 23%
$1,592/mo ↓ 17%
Owner Costs
$1,908/mo ↑ 20%
483,099
Population
271,118

Tax Comparison

4.4%
Income Tax
2.5%
2.9%
State Sales Tax
5.6%
0.51%
Property Tax
0.62%

Affordability

22.5%
rent-to-income
Affordability
20.1%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Gilbert, AZ, the overall cost of living indices are 119 and 148 respectively (national median = 100). Rent is $466/month cheaper in Colorado Springs, saving renters about $5,592/year.

Median household income is $38,153/year higher in Gilbert. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $518,600 in Gilbert.

Arizona has a lower income tax rate, making Gilbert slightly more tax-friendly.

Frequently Asked Questions

Colorado Springs vs Gilbert — common questions

Is Colorado Springs or Gilbert cheaper to live in?
Based on our cost index, Colorado Springs is cheaper to live in with an index of 119 compared to 148 (US average = 100).
What is the rent difference between Colorado Springs and Gilbert?
Median rent in Colorado Springs is $1,562/month and in Gilbert it's $2,028/month — a difference of $466/month.
Which city has higher income, Colorado Springs or Gilbert?
Median household income is $83,198 in Colorado Springs and $121,351 in Gilbert. Median household income is $38,153/year higher in Gilbert.
How do taxes compare between Colorado and Arizona?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.
Should I move to Colorado Springs or Gilbert?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Gilbert has a cost index of 148 with rent of $2,028/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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