Cost of Living: Colorado Springs, CO vs Norfolk, VA (2026)

Colorado Springs

Colorado
119
VS

Norfolk

Virginia
89

Colorado Springs is 34% more expensive than Norfolk.

$1,562/mo ↑ 25%
Median Rent
$1,246/mo ↓ 20%
$83,198/yr ↑ 30%
Median Income
$64,017/yr ↓ 23%
$420,700 ↑ 55%
Home Value
$271,900 ↓ 35%
$1,592/mo ↑ 17%
Owner Costs
$1,366/mo ↓ 14%
483,099
Population
235,037

Tax Comparison

4.4%
Income Tax
5.75%
2.9%
State Sales Tax
5.3%
0.51%
Property Tax
0.8%

Affordability

22.5%
rent-to-income
Affordability
23.4%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Norfolk, VA, the overall cost of living indices are 119 and 89 respectively (national median = 100). Rent is $316/month cheaper in Norfolk, saving renters about $3,792/year.

Median household income is $19,181/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $271,900 in Norfolk.

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

Frequently Asked Questions

Colorado Springs vs Norfolk — common questions

Is Colorado Springs or Norfolk cheaper to live in?
Based on our cost index, Norfolk is cheaper to live in with an index of 89 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Norfolk?
Median rent in Colorado Springs is $1,562/month and in Norfolk it's $1,246/month — a difference of $316/month.
Which city has higher income, Colorado Springs or Norfolk?
Median household income is $83,198 in Colorado Springs and $64,017 in Norfolk. Median household income is $19,181/year higher in Colorado Springs.
How do taxes compare between Colorado and Virginia?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax.
Should I move to Colorado Springs or Norfolk?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Norfolk has a cost index of 89 with rent of $1,246/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Colorado Springs details → View Norfolk details →

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