Cost of Living: Colorado Springs, CO vs Lincoln, NE (2026)

Colorado Springs

Colorado
119
VS

Lincoln

Nebraska
77

Colorado Springs is 55% more expensive than Lincoln.

$1,562/mo ↑ 49%
Median Rent
$1,045/mo ↓ 33%
$83,198/yr ↑ 19%
Median Income
$69,991/yr ↓ 16%
$420,700 ↑ 70%
Home Value
$248,200 ↓ 41%
$1,592/mo ↑ 40%
Owner Costs
$1,140/mo ↓ 28%
483,099
Population
291,932

Tax Comparison

4.4%
Income Tax
6.64%
2.9%
State Sales Tax
5.5%
0.51%
Property Tax
1.73%

Affordability

22.5%
rent-to-income
Affordability
17.9%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Lincoln, NE, the overall cost of living indices are 119 and 77 respectively (national median = 100). Rent is $517/month cheaper in Lincoln, saving renters about $6,204/year.

Median household income is $13,207/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $248,200 in Lincoln.

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

Frequently Asked Questions

Colorado Springs vs Lincoln — common questions

Is Colorado Springs or Lincoln cheaper to live in?
Based on our cost index, Lincoln 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 Lincoln?
Median rent in Colorado Springs is $1,562/month and in Lincoln it's $1,045/month — a difference of $517/month.
Which city has higher income, Colorado Springs or Lincoln?
Median household income is $83,198 in Colorado Springs and $69,991 in Lincoln. Median household income is $13,207/year higher in Colorado Springs.
How do taxes compare between Colorado and Nebraska?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax.
Should I move to Colorado Springs or Lincoln?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Lincoln has a cost index of 77 with rent of $1,045/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Colorado Springs details → View Lincoln details →

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