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

Colorado Springs

Colorado
119
VS

Vancouver

Washington
123

Colorado Springs is 3% cheaper than Vancouver.

$1,562/mo ↓ 4%
Median Rent
$1,632/mo ↑ 4%
$83,198/yr ↑ 6%
Median Income
$78,156/yr ↓ 6%
$420,700 ↓ 4%
Home Value
$440,300 ↑ 5%
$1,592/mo ≈ Same
Owner Costs
$1,607/mo ≈ Same
483,099
Population
192,696

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
25.1%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Vancouver, WA, the overall cost of living indices are 119 and 123 respectively (national median = 100). Rent is $70/month cheaper in Colorado Springs, saving renters about $840/year.

Median household income is $5,042/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $440,300 in Vancouver.

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

Frequently Asked Questions

Colorado Springs vs Vancouver — common questions

Is Colorado Springs or Vancouver cheaper to live in?
Based on our cost index, Colorado Springs is cheaper to live in with an index of 119 compared to 123 (US average = 100).
What is the rent difference between Colorado Springs and Vancouver?
Median rent in Colorado Springs is $1,562/month and in Vancouver it's $1,632/month — a difference of $70/month.
Which city has higher income, Colorado Springs or Vancouver?
Median household income is $83,198 in Colorado Springs and $78,156 in Vancouver. Median household income is $5,042/year higher in Colorado Springs.
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 Vancouver?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Vancouver has a cost index of 123 with rent of $1,632/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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