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

Colorado Springs

Colorado
119
VS

Midland

Texas
99

Colorado Springs is 20% more expensive than Midland.

$1,562/mo ↑ 11%
Median Rent
$1,407/mo ↓ 10%
$83,198/yr ↓ 9%
Median Income
$91,169/yr ↑ 10%
$420,700 ↑ 41%
Home Value
$298,600 ↓ 29%
$1,592/mo ↑ 8%
Owner Costs
$1,468/mo ↓ 8%
483,099
Population
133,998

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
18.5%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Midland, TX, the overall cost of living indices are 119 and 99 respectively (national median = 100). Rent is $155/month cheaper in Midland, saving renters about $1,860/year.

Median household income is $7,971/year higher in Midland. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $298,600 in Midland.

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

Frequently Asked Questions

Colorado Springs vs Midland — common questions

Is Colorado Springs or Midland cheaper to live in?
Based on our cost index, Midland is cheaper to live in with an index of 99 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Midland?
Median rent in Colorado Springs is $1,562/month and in Midland it's $1,407/month — a difference of $155/month.
Which city has higher income, Colorado Springs or Midland?
Median household income is $83,198 in Colorado Springs and $91,169 in Midland. Median household income is $7,971/year higher in Midland.
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 Midland?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Midland has a cost index of 99 with rent of $1,407/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Colorado Springs details → View Midland details →

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