Cost of Living: Colorado Springs, CO vs Tacoma, WA (2026)

Colorado Springs

Colorado
119
VS

Tacoma

Washington
126

Colorado Springs is 6% cheaper than Tacoma.

$1,562/mo ↓ 2%
Median Rent
$1,597/mo ↑ 2%
$83,198/yr ≈ Same
Median Income
$83,857/yr ≈ Same
$420,700 ↓ 7%
Home Value
$454,600 ↑ 8%
$1,592/mo ↓ 9%
Owner Costs
$1,747/mo ↑ 10%
483,099
Population
220,482

Tax Comparison

4.4%
Income Tax
0%
2.9%
State Sales Tax
6.5%
0.51%
Property Tax
0.92%

Affordability

22.5%
rent-to-income
Affordability
22.9%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Tacoma, WA, the overall cost of living indices are 119 and 126 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $659/year higher in Tacoma. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $454,600 in Tacoma.

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

Frequently Asked Questions

Colorado Springs vs Tacoma — common questions

Is Colorado Springs or Tacoma cheaper to live in?
Based on our cost index, Colorado Springs is cheaper to live in with an index of 119 compared to 126 (US average = 100).
What is the rent difference between Colorado Springs and Tacoma?
Median rent in Colorado Springs is $1,562/month and in Tacoma it's $1,597/month — a difference of $35/month.
Which city has higher income, Colorado Springs or Tacoma?
Median household income is $83,198 in Colorado Springs and $83,857 in Tacoma. Median household income is $659/year higher in Tacoma.
How do taxes compare between Colorado and Washington?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Washington has 0% income tax, 6.5% sales tax, and 0.92% property tax.
Should I move to Colorado Springs or Tacoma?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Tacoma has a cost index of 126 with rent of $1,597/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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