Cost of Living: Colorado Springs, CO vs Thousand Oaks, CA (2026)

Colorado Springs

Colorado
119
VS

Thousand Oaks

California
226

Colorado Springs is 47% cheaper than Thousand Oaks.

$1,562/mo ↓ 39%
Median Rent
$2,580/mo ↑ 65%
$83,198/yr ↓ 38%
Median Income
$134,367/yr ↑ 62%
$420,700 ↓ 56%
Home Value
$951,200 ↑ 126%
$1,592/mo ↓ 42%
Owner Costs
$2,726/mo ↑ 71%
483,099
Population
125,676

Tax Comparison

4.4%
Income Tax
13.3%
2.9%
State Sales Tax
7.25%
0.51%
Property Tax
0.71%

Affordability

22.5%
rent-to-income
Affordability
23.0%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Thousand Oaks, CA, the overall cost of living indices are 119 and 226 respectively (national median = 100). Rent is $1,018/month cheaper in Colorado Springs, saving renters about $12,216/year.

Median household income is $51,169/year higher in Thousand Oaks. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $951,200 in Thousand Oaks.

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

Frequently Asked Questions

Colorado Springs vs Thousand Oaks — common questions

Is Colorado Springs or Thousand Oaks cheaper to live in?
Based on our cost index, Colorado Springs is cheaper to live in with an index of 119 compared to 226 (US average = 100).
What is the rent difference between Colorado Springs and Thousand Oaks?
Median rent in Colorado Springs is $1,562/month and in Thousand Oaks it's $2,580/month — a difference of $1,018/month.
Which city has higher income, Colorado Springs or Thousand Oaks?
Median household income is $83,198 in Colorado Springs and $134,367 in Thousand Oaks. Median household income is $51,169/year higher in Thousand Oaks.
How do taxes compare between Colorado and California?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. California has 13.3% income tax, 7.25% sales tax, and 0.71% property tax.
Should I move to Colorado Springs or Thousand Oaks?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Thousand Oaks has a cost index of 226 with rent of $2,580/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Colorado Springs details → View Thousand Oaks details →

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