Cost of Living: Colorado Springs, CO vs Virginia Beach, VA (2026)

Colorado Springs

Colorado

119

Virginia Beach

Virginia

117

Colorado Springs and Virginia Beach have a similar cost of living.

$1,562/mo ↓ 5%

Median Rent

$1,649/mo ↑ 6%

$83,198/yr ↓ 8%

Median Income

$90,685/yr ↑ 9%

$420,700 ↑ 15%

Home Value

$366,300 ↓ 13%

$1,592/mo ↓ 7%

Owner Costs

$1,704/mo ↑ 7%

483,099

Population

457,066

Tax Comparison

4.4%

Income Tax

5.75%

2.9%

Sales Tax

5.3%

0.51%

Property Tax

0.8%

Affordability

22.5%

rent-to-income

Affordability

21.8%

rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Virginia Beach, VA, the overall cost of living indices are 119 and 117 respectively (national median = 100). Rent is $87/month cheaper in Colorado Springs, saving renters about $1,044/year.

Median household income is $7,487/year higher in Virginia Beach. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $366,300 in Virginia Beach.

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

Frequently Asked Questions

Colorado Springs vs Virginia Beach — common questions

Is Colorado Springs or Virginia Beach cheaper to live in?

Based on our cost index, Virginia Beach is cheaper to live in with an index of 117 compared to 119 (US average = 100).

What is the rent difference between Colorado Springs and Virginia Beach?

Median rent in Colorado Springs is $1,562/month and in Virginia Beach it's $1,649/month — a difference of $87/month.

Which city has higher income, Colorado Springs or Virginia Beach?

Median household income is $83,198 in Colorado Springs and $90,685 in Virginia Beach. Median household income is $7,487/year higher in Virginia Beach.

How do taxes compare between Colorado and Virginia?

Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax.

Should I move to Colorado Springs or Virginia Beach?

It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Virginia Beach has a cost index of 117 with rent of $1,649/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.