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

Colorado Springs

Colorado
119
VS

Hialeah

Florida
109

Colorado Springs is 9% more expensive than Hialeah.

$1,562/mo ≈ Same
Median Rent
$1,558/mo ≈ Same
$83,198/yr ↑ 57%
Median Income
$53,079/yr ↓ 36%
$420,700 ↑ 17%
Home Value
$359,200 ↓ 15%
$1,592/mo ↑ 10%
Owner Costs
$1,448/mo ↓ 9%
483,099
Population
221,901

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
35.2%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Hialeah, FL, the overall cost of living indices are 119 and 109 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $30,119/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $359,200 in Hialeah.

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

Frequently Asked Questions

Colorado Springs vs Hialeah — common questions

Is Colorado Springs or Hialeah cheaper to live in?
Based on our cost index, Hialeah is cheaper to live in with an index of 109 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Hialeah?
Median rent in Colorado Springs is $1,562/month and in Hialeah it's $1,558/month — a difference of $4/month.
Which city has higher income, Colorado Springs or Hialeah?
Median household income is $83,198 in Colorado Springs and $53,079 in Hialeah. Median household income is $30,119/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 Hialeah?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Hialeah has a cost index of 109 with rent of $1,558/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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More Comparisons

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