Cost of Living: Colorado Springs, CO vs Joliet, IL (2026)

Colorado Springs

Colorado
119
VS

Joliet

Illinois
88

Colorado Springs is 35% more expensive than Joliet.

$1,562/mo ↑ 26%
Median Rent
$1,237/mo ↓ 21%
$83,198/yr ↓ 5%
Median Income
$88,026/yr ↑ 6%
$420,700 ↑ 69%
Home Value
$248,600 ↓ 41%
$1,592/mo ↑ 8%
Owner Costs
$1,472/mo ↓ 8%
483,099
Population
149,785

Tax Comparison

4.4%
Income Tax
4.95%
2.9%
State Sales Tax
6.25%
0.51%
Property Tax
2.07%

Affordability

22.5%
rent-to-income
Affordability
16.9%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Joliet, IL, the overall cost of living indices are 119 and 88 respectively (national median = 100). Rent is $325/month cheaper in Joliet, saving renters about $3,900/year.

Median household income is $4,828/year higher in Joliet. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $248,600 in Joliet.

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

Frequently Asked Questions

Colorado Springs vs Joliet — common questions

Is Colorado Springs or Joliet cheaper to live in?
Based on our cost index, Joliet is cheaper to live in with an index of 88 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Joliet?
Median rent in Colorado Springs is $1,562/month and in Joliet it's $1,237/month — a difference of $325/month.
Which city has higher income, Colorado Springs or Joliet?
Median household income is $83,198 in Colorado Springs and $88,026 in Joliet. Median household income is $4,828/year higher in Joliet.
How do taxes compare between Colorado and Illinois?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Colorado Springs or Joliet?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Joliet has a cost index of 88 with rent of $1,237/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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