Cost of Living: Colorado Springs, CO vs West Palm Beach, FL (2026)

Colorado Springs

Colorado
119
VS

West Palm Beach

Florida
119

Colorado Springs and West Palm Beach have a similar cost of living.

$1,562/mo ↓ 9%
Median Rent
$1,709/mo ↑ 9%
$83,198/yr ↑ 20%
Median Income
$69,261/yr ↓ 17%
$420,700 ↑ 14%
Home Value
$369,800 ↓ 12%
$1,592/mo ↓ 4%
Owner Costs
$1,667/mo ↑ 5%
483,099
Population
119,508

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
29.6%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and West Palm Beach, FL, the overall cost of living indices are 119 and 119 respectively (national median = 100). Rent is $147/month cheaper in Colorado Springs, saving renters about $1,764/year.

Median household income is $13,937/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $369,800 in West Palm Beach.

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

Frequently Asked Questions

Colorado Springs vs West Palm Beach — common questions

Is Colorado Springs or West Palm Beach cheaper to live in?
Based on our cost index, West Palm Beach is cheaper to live in with an index of 119 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and West Palm Beach?
Median rent in Colorado Springs is $1,562/month and in West Palm Beach it's $1,709/month — a difference of $147/month.
Which city has higher income, Colorado Springs or West Palm Beach?
Median household income is $83,198 in Colorado Springs and $69,261 in West Palm Beach. Median household income is $13,937/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 West Palm Beach?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while West Palm Beach has a cost index of 119 with rent of $1,709/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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More Comparisons

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