Cost of Living: Colorado Springs, CO vs Lafayette, LA (2026)

Colorado Springs

Colorado
119
VS

Lafayette

Louisiana
77

Colorado Springs is 55% more expensive than Lafayette.

$1,562/mo ↑ 47%
Median Rent
$1,065/mo ↓ 32%
$83,198/yr ↑ 35%
Median Income
$61,454/yr ↓ 26%
$420,700 ↑ 67%
Home Value
$251,300 ↓ 40%
$1,592/mo ↑ 51%
Owner Costs
$1,057/mo ↓ 34%
483,099
Population
121,537

Tax Comparison

4.4%
Income Tax
4.25%
2.9%
State Sales Tax
4.45%
0.51%
Property Tax
0.55%

Affordability

22.5%
rent-to-income
Affordability
20.8%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Lafayette, LA, the overall cost of living indices are 119 and 77 respectively (national median = 100). Rent is $497/month cheaper in Lafayette, saving renters about $5,964/year.

Median household income is $21,744/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $251,300 in Lafayette.

Louisiana has a lower income tax rate, making Lafayette slightly more tax-friendly.

Frequently Asked Questions

Colorado Springs vs Lafayette — common questions

Is Colorado Springs or Lafayette cheaper to live in?
Based on our cost index, Lafayette is cheaper to live in with an index of 77 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Lafayette?
Median rent in Colorado Springs is $1,562/month and in Lafayette it's $1,065/month — a difference of $497/month.
Which city has higher income, Colorado Springs or Lafayette?
Median household income is $83,198 in Colorado Springs and $61,454 in Lafayette. Median household income is $21,744/year higher in Colorado Springs.
How do taxes compare between Colorado and Louisiana?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Louisiana has 4.25% income tax, 4.45% sales tax, and 0.55% property tax.
Should I move to Colorado Springs or Lafayette?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Lafayette has a cost index of 77 with rent of $1,065/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Colorado Springs details → View Lafayette details →

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