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

Colorado Springs

Colorado
119
VS

Hollywood

Florida
113

Colorado Springs is 5% more expensive than Hollywood.

$1,562/mo ≈ Same
Median Rent
$1,555/mo ≈ Same
$83,198/yr ↑ 27%
Median Income
$65,359/yr ↓ 21%
$420,700 ↑ 12%
Home Value
$374,200 ↓ 11%
$1,592/mo ↑ 2%
Owner Costs
$1,568/mo ↓ 2%
483,099
Population
152,935

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
28.6%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Hollywood, FL, the overall cost of living indices are 119 and 113 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $17,839/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $374,200 in Hollywood.

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

Frequently Asked Questions

Colorado Springs vs Hollywood — common questions

Is Colorado Springs or Hollywood cheaper to live in?
Based on our cost index, Hollywood is cheaper to live in with an index of 113 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Hollywood?
Median rent in Colorado Springs is $1,562/month and in Hollywood it's $1,555/month — a difference of $7/month.
Which city has higher income, Colorado Springs or Hollywood?
Median household income is $83,198 in Colorado Springs and $65,359 in Hollywood. Median household income is $17,839/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 Hollywood?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Hollywood has a cost index of 113 with rent of $1,555/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Colorado Springs details → View Hollywood details →

More Comparisons

Other cost of living comparisons for Colorado Springs and Hollywood

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