Cost of Living: Colorado Springs, CO vs St. Paul, MN (2026)

Colorado Springs

Colorado
119
VS

St. Paul

Minnesota
91

Colorado Springs is 31% more expensive than St. Paul.

$1,562/mo ↑ 25%
Median Rent
$1,248/mo ↓ 20%
$83,198/yr ↑ 14%
Median Income
$73,055/yr ↓ 12%
$420,700 ↑ 50%
Home Value
$280,300 ↓ 33%
$1,592/mo ↑ 15%
Owner Costs
$1,390/mo ↓ 13%
483,099
Population
307,762

Tax Comparison

4.4%
Income Tax
9.85%
2.9%
State Sales Tax
6.875%
0.51%
Property Tax
1.11%

Affordability

22.5%
rent-to-income
Affordability
20.5%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and St. Paul, MN, the overall cost of living indices are 119 and 91 respectively (national median = 100). Rent is $314/month cheaper in St. Paul, saving renters about $3,768/year.

Median household income is $10,143/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $280,300 in St. Paul.

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

Frequently Asked Questions

Colorado Springs vs St. Paul — common questions

Is Colorado Springs or St. Paul cheaper to live in?
Based on our cost index, St. Paul is cheaper to live in with an index of 91 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and St. Paul?
Median rent in Colorado Springs is $1,562/month and in St. Paul it's $1,248/month — a difference of $314/month.
Which city has higher income, Colorado Springs or St. Paul?
Median household income is $83,198 in Colorado Springs and $73,055 in St. Paul. Median household income is $10,143/year higher in Colorado Springs.
How do taxes compare between Colorado and Minnesota?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Minnesota has 9.85% income tax, 6.875% sales tax, and 1.11% property tax.
Should I move to Colorado Springs or St. Paul?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while St. Paul has a cost index of 91 with rent of $1,248/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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