Cost of Living: Colorado Springs, CO vs Tampa, FL (2026)

Colorado Springs

Colorado
119
VS

Tampa

Florida
113

Colorado Springs is 5% more expensive than Tampa.

$1,562/mo ≈ Same
Median Rent
$1,567/mo ≈ Same
$83,198/yr ↑ 17%
Median Income
$71,302/yr ↓ 14%
$420,700 ↑ 12%
Home Value
$375,300 ↓ 11%
$1,592/mo ↑ 3%
Owner Costs
$1,553/mo ↓ 2%
483,099
Population
393,389

Tax Comparison

4.4%
Income Tax
0%
2.9%
State Sales Tax
6.0%
0.51%
Property Tax
0.86%

Affordability

22.5%
rent-to-income
Affordability
26.4%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Tampa, FL, the overall cost of living indices are 119 and 113 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $11,896/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $375,300 in Tampa.

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

Frequently Asked Questions

Colorado Springs vs Tampa — common questions

Is Colorado Springs or Tampa cheaper to live in?
Based on our cost index, Tampa is cheaper to live in with an index of 113 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Tampa?
Median rent in Colorado Springs is $1,562/month and in Tampa it's $1,567/month — a difference of $5/month.
Which city has higher income, Colorado Springs or Tampa?
Median household income is $83,198 in Colorado Springs and $71,302 in Tampa. Median household income is $11,896/year higher in Colorado Springs.
How do taxes compare between Colorado and Florida?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Colorado Springs or Tampa?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Tampa has a cost index of 113 with rent of $1,567/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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