Cost of Living: Colorado Springs, CO vs Miami Gardens, FL (2026)

Colorado Springs

Colorado
119
VS

Miami Gardens

Florida
115

Colorado Springs is 3% more expensive than Miami Gardens.

$1,562/mo ↓ 9%
Median Rent
$1,709/mo ↑ 9%
$83,198/yr ↑ 36%
Median Income
$60,979/yr ↓ 27%
$420,700 ↑ 25%
Home Value
$337,200 ↓ 20%
$1,592/mo ↓ 3%
Owner Costs
$1,640/mo ↑ 3%
483,099
Population
111,264

Tax Comparison

4.4%
Income Tax
0%
2.9%
State Sales Tax
6.0%
0.51%
Property Tax
0.86%

Affordability

22.5%
rent-to-income
Affordability
33.6%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Miami Gardens, FL, the overall cost of living indices are 119 and 115 respectively (national median = 100). Rent is $147/month cheaper in Colorado Springs, saving renters about $1,764/year.

Median household income is $22,219/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $337,200 in Miami Gardens.

Florida has no state income tax, giving Miami Gardens residents a significant tax advantage over Colorado's 4.4% rate.

Frequently Asked Questions

Colorado Springs vs Miami Gardens — common questions

Is Colorado Springs or Miami Gardens cheaper to live in?
Based on our cost index, Miami Gardens is cheaper to live in with an index of 115 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Miami Gardens?
Median rent in Colorado Springs is $1,562/month and in Miami Gardens it's $1,709/month — a difference of $147/month.
Which city has higher income, Colorado Springs or Miami Gardens?
Median household income is $83,198 in Colorado Springs and $60,979 in Miami Gardens. Median household income is $22,219/year higher in Colorado Springs.
How do taxes compare between Colorado and Florida?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Colorado Springs or Miami Gardens?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Miami Gardens has a cost index of 115 with rent of $1,709/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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