Cost of Living: Colorado Springs, CO vs New Orleans, LA (2026)

Colorado Springs

Colorado
119
VS

New Orleans

Louisiana
90

Colorado Springs is 32% more expensive than New Orleans.

$1,562/mo ↑ 29%
Median Rent
$1,211/mo ↓ 22%
$83,198/yr ↑ 50%
Median Income
$55,339/yr ↓ 33%
$420,700 ↑ 42%
Home Value
$296,400 ↓ 30%
$1,592/mo ↑ 25%
Owner Costs
$1,274/mo ↓ 20%
483,099
Population
376,035

Tax Comparison

4.4%
Income Tax
4.25%
2.9%
State Sales Tax
4.45%
0.51%
Property Tax
0.55%

Affordability

22.5%
rent-to-income
Affordability
26.3%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and New Orleans, LA, the overall cost of living indices are 119 and 90 respectively (national median = 100). Rent is $351/month cheaper in New Orleans, saving renters about $4,212/year.

Median household income is $27,859/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $296,400 in New Orleans.

Louisiana has a lower income tax rate, making New Orleans slightly more tax-friendly.

Frequently Asked Questions

Colorado Springs vs New Orleans — common questions

Is Colorado Springs or New Orleans cheaper to live in?
Based on our cost index, New Orleans is cheaper to live in with an index of 90 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and New Orleans?
Median rent in Colorado Springs is $1,562/month and in New Orleans it's $1,211/month — a difference of $351/month.
Which city has higher income, Colorado Springs or New Orleans?
Median household income is $83,198 in Colorado Springs and $55,339 in New Orleans. Median household income is $27,859/year higher in Colorado Springs.
How do taxes compare between Colorado and Louisiana?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Louisiana has 4.25% income tax, 4.45% sales tax, and 0.55% property tax.
Should I move to Colorado Springs or New Orleans?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while New Orleans has a cost index of 90 with rent of $1,211/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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