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

Colorado Springs

Colorado
119
VS

Westminster

Colorado
139

Colorado Springs is 14% cheaper than Westminster.

$1,562/mo ↓ 14%
Median Rent
$1,816/mo ↑ 16%
$83,198/yr ↓ 13%
Median Income
$96,145/yr ↑ 16%
$420,700 ↓ 15%
Home Value
$497,400 ↑ 18%
$1,592/mo ↓ 14%
Owner Costs
$1,841/mo ↑ 16%
483,099
Population
115,546

Tax Comparison

4.4%
Income Tax
4.4%
2.9%
State Sales Tax
2.9%
0.51%
Property Tax
0.51%

Affordability

22.5%
rent-to-income
Affordability
22.7%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Westminster, CO, the overall cost of living indices are 119 and 139 respectively (national median = 100). Rent is $254/month cheaper in Colorado Springs, saving renters about $3,048/year.

Median household income is $12,947/year higher in Westminster. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $497,400 in Westminster.

Both cities share the same state tax structure since they are in Colorado.

Frequently Asked Questions

Colorado Springs vs Westminster — common questions

Is Colorado Springs or Westminster cheaper to live in?
Based on our cost index, Colorado Springs is cheaper to live in with an index of 119 compared to 139 (US average = 100).
What is the rent difference between Colorado Springs and Westminster?
Median rent in Colorado Springs is $1,562/month and in Westminster it's $1,816/month — a difference of $254/month.
Which city has higher income, Colorado Springs or Westminster?
Median household income is $83,198 in Colorado Springs and $96,145 in Westminster. Median household income is $12,947/year higher in Westminster.
How do taxes compare between Colorado and Colorado?
Both cities are in Colorado and share the same state tax rates: 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Colorado Springs or Westminster?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/mo, while Westminster has a cost index of 139 with rent of $1,816/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Colorado Springs details → View Westminster details →

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