Cost of Living: Colorado Springs, CO vs Lexington, KY (2026)

Colorado Springs

Colorado
119
VS

Lexington

Kentucky
82

Colorado Springs is 45% more expensive than Lexington.

$1,562/mo ↑ 42%
Median Rent
$1,101/mo ↓ 30%
$83,198/yr ↑ 23%
Median Income
$67,631/yr ↓ 19%
$420,700 ↑ 55%
Home Value
$272,100 ↓ 35%
$1,592/mo ↑ 37%
Owner Costs
$1,160/mo ↓ 27%
483,099
Population
321,122

Tax Comparison

4.4%
Income Tax
4.0%
2.9%
State Sales Tax
6.0%
0.51%
Property Tax
0.83%

Affordability

22.5%
rent-to-income
Affordability
19.5%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Lexington, KY, the overall cost of living indices are 119 and 82 respectively (national median = 100). Rent is $461/month cheaper in Lexington, saving renters about $5,532/year.

Median household income is $15,567/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $272,100 in Lexington.

Kentucky has a lower income tax rate, making Lexington slightly more tax-friendly.

Frequently Asked Questions

Colorado Springs vs Lexington — common questions

Is Colorado Springs or Lexington cheaper to live in?
Based on our cost index, Lexington is cheaper to live in with an index of 82 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Lexington?
Median rent in Colorado Springs is $1,562/month and in Lexington it's $1,101/month — a difference of $461/month.
Which city has higher income, Colorado Springs or Lexington?
Median household income is $83,198 in Colorado Springs and $67,631 in Lexington. Median household income is $15,567/year higher in Colorado Springs.
How do taxes compare between Colorado and Kentucky?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Kentucky has 4.0% income tax, 6.0% sales tax, and 0.83% property tax.
Should I move to Colorado Springs or Lexington?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Lexington has a cost index of 82 with rent of $1,101/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Colorado Springs details → View Lexington details →

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