Cost of Living: Colorado Springs, CO vs McAllen, TX (2026)

Colorado Springs

Colorado
119
VS

McAllen

Texas
66

Colorado Springs is 80% more expensive than McAllen.

$1,562/mo ↑ 54%
Median Rent
$1,017/mo ↓ 35%
$83,198/yr ↑ 38%
Median Income
$60,165/yr ↓ 28%
$420,700 ↑ 142%
Home Value
$173,800 ↓ 59%
$1,592/mo ↑ 60%
Owner Costs
$996/mo ↓ 37%
483,099
Population
143,789

Tax Comparison

4.4%
Income Tax
0%
2.9%
State Sales Tax
6.25%
0.51%
Property Tax
1.6%

Affordability

22.5%
rent-to-income
Affordability
20.3%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and McAllen, TX, the overall cost of living indices are 119 and 66 respectively (national median = 100). Rent is $545/month cheaper in McAllen, saving renters about $6,540/year.

Median household income is $23,033/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $173,800 in McAllen.

Texas has no state income tax, giving McAllen residents a significant tax advantage over Colorado's 4.4% rate.

Frequently Asked Questions

Colorado Springs vs McAllen — common questions

Is Colorado Springs or McAllen cheaper to live in?
Based on our cost index, McAllen is cheaper to live in with an index of 66 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and McAllen?
Median rent in Colorado Springs is $1,562/month and in McAllen it's $1,017/month — a difference of $545/month.
Which city has higher income, Colorado Springs or McAllen?
Median household income is $83,198 in Colorado Springs and $60,165 in McAllen. Median household income is $23,033/year higher in Colorado Springs.
How do taxes compare between Colorado and Texas?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Colorado Springs or McAllen?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while McAllen has a cost index of 66 with rent of $1,017/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Colorado Springs details → View McAllen details →

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