Cost of Living: Colorado Springs, CO vs Irving, TX (2026)

Colorado Springs

Colorado
119
VS

Irving

Texas
102

Colorado Springs is 17% more expensive than Irving.

$1,562/mo ↑ 3%
Median Rent
$1,517/mo ↓ 3%
$83,198/yr ↑ 4%
Median Income
$79,641/yr ↓ 4%
$420,700 ↑ 46%
Home Value
$287,300 ↓ 32%
$1,592/mo ↑ 5%
Owner Costs
$1,521/mo ↓ 4%
483,099
Population
255,036

Tax Comparison

4.4%
Income Tax
0%
2.9%
State Sales Tax
6.25%
0.51%
Property Tax
1.6%

Affordability

22.5%
rent-to-income
Affordability
22.9%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Irving, TX, the overall cost of living indices are 119 and 102 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $3,557/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $287,300 in Irving.

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

Frequently Asked Questions

Colorado Springs vs Irving — common questions

Is Colorado Springs or Irving cheaper to live in?
Based on our cost index, Irving is cheaper to live in with an index of 102 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Irving?
Median rent in Colorado Springs is $1,562/month and in Irving it's $1,517/month — a difference of $45/month.
Which city has higher income, Colorado Springs or Irving?
Median household income is $83,198 in Colorado Springs and $79,641 in Irving. Median household income is $3,557/year higher in Colorado Springs.
How do taxes compare between Colorado and Texas?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Colorado Springs or Irving?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Irving has a cost index of 102 with rent of $1,517/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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