Cost of Living: Colorado Springs, CO vs Gresham, OR (2026)

Colorado Springs

Colorado
119
VS

Gresham

Oregon
119

Colorado Springs and Gresham have a similar cost of living.

$1,562/mo ↑ 4%
Median Rent
$1,508/mo ↓ 3%
$83,198/yr ↑ 13%
Median Income
$73,608/yr ↓ 12%
$420,700 ↓ 4%
Home Value
$440,000 ↑ 5%
$1,592/mo ≈ Same
Owner Costs
$1,590/mo ≈ Same
483,099
Population
112,818

Tax Comparison

4.4%
Income Tax
9.9%
2.9%
State Sales Tax
0%
0.51%
Property Tax
0.93%

Affordability

22.5%
rent-to-income
Affordability
24.6%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Gresham, OR, the overall cost of living indices are 119 and 119 respectively (national median = 100). Rent is $54/month cheaper in Gresham, saving renters about $648/year.

Median household income is $9,590/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $440,000 in Gresham.

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

Frequently Asked Questions

Colorado Springs vs Gresham — common questions

Is Colorado Springs or Gresham cheaper to live in?
Based on our cost index, Gresham is cheaper to live in with an index of 119 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Gresham?
Median rent in Colorado Springs is $1,562/month and in Gresham it's $1,508/month — a difference of $54/month.
Which city has higher income, Colorado Springs or Gresham?
Median household income is $83,198 in Colorado Springs and $73,608 in Gresham. Median household income is $9,590/year higher in Colorado Springs.
How do taxes compare between Colorado and Oregon?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Oregon has 9.9% income tax, 0% sales tax, and 0.93% property tax.
Should I move to Colorado Springs or Gresham?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Gresham has a cost index of 119 with rent of $1,508/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Colorado Springs details → View Gresham details →

More Comparisons

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