Cost of Living: Colorado Springs, CO vs Springfield, MO (2026)

Colorado Springs

Colorado
119
VS

Springfield

Missouri
60

Colorado Springs is 98% more expensive than Springfield.

$1,562/mo ↑ 70%
Median Rent
$920/mo ↓ 41%
$83,198/yr ↑ 81%
Median Income
$45,984/yr ↓ 45%
$420,700 ↑ 155%
Home Value
$165,200 ↓ 61%
$1,592/mo ↑ 75%
Owner Costs
$908/mo ↓ 43%
483,099
Population
169,432

Tax Comparison

4.4%
Income Tax
4.95%
2.9%
State Sales Tax
4.225%
0.51%
Property Tax
0.93%

Affordability

22.5%
rent-to-income
Affordability
24.0%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Springfield, MO, the overall cost of living indices are 119 and 60 respectively (national median = 100). Rent is $642/month cheaper in Springfield, saving renters about $7,704/year.

Median household income is $37,214/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $165,200 in Springfield.

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

Frequently Asked Questions

Colorado Springs vs Springfield — common questions

Is Colorado Springs or Springfield cheaper to live in?
Based on our cost index, Springfield is cheaper to live in with an index of 60 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Springfield?
Median rent in Colorado Springs is $1,562/month and in Springfield it's $920/month — a difference of $642/month.
Which city has higher income, Colorado Springs or Springfield?
Median household income is $83,198 in Colorado Springs and $45,984 in Springfield. Median household income is $37,214/year higher in Colorado Springs.
How do taxes compare between Colorado and Missouri?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Missouri has 4.95% income tax, 4.225% sales tax, and 0.93% property tax.
Should I move to Colorado Springs or Springfield?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Springfield has a cost index of 60 with rent of $920/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Colorado Springs details → View Springfield details →

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