Cost of Living: Colorado Springs, CO vs Las Cruces, NM (2026)

Colorado Springs

Colorado
119
VS

Las Cruces

New Mexico
68

Colorado Springs is 75% more expensive than Las Cruces.

$1,562/mo ↑ 65%
Median Rent
$946/mo ↓ 39%
$83,198/yr ↑ 51%
Median Income
$55,176/yr ↓ 34%
$420,700 ↑ 94%
Home Value
$217,400 ↓ 48%
$1,592/mo ↑ 63%
Owner Costs
$974/mo ↓ 39%
483,099
Population
112,612

Tax Comparison

4.4%
Income Tax
5.9%
2.9%
State Sales Tax
5.0%
0.51%
Property Tax
0.67%

Affordability

22.5%
rent-to-income
Affordability
20.6%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Las Cruces, NM, the overall cost of living indices are 119 and 68 respectively (national median = 100). Rent is $616/month cheaper in Las Cruces, saving renters about $7,392/year.

Median household income is $28,022/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $217,400 in Las Cruces.

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

Frequently Asked Questions

Colorado Springs vs Las Cruces — common questions

Is Colorado Springs or Las Cruces cheaper to live in?
Based on our cost index, Las Cruces is cheaper to live in with an index of 68 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Las Cruces?
Median rent in Colorado Springs is $1,562/month and in Las Cruces it's $946/month — a difference of $616/month.
Which city has higher income, Colorado Springs or Las Cruces?
Median household income is $83,198 in Colorado Springs and $55,176 in Las Cruces. Median household income is $28,022/year higher in Colorado Springs.
How do taxes compare between Colorado and New Mexico?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. New Mexico has 5.9% income tax, 5.0% sales tax, and 0.67% property tax.
Should I move to Colorado Springs or Las Cruces?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Las Cruces has a cost index of 68 with rent of $946/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Colorado Springs details → View Las Cruces details →

More Comparisons

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