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

Dallas

Texas
97
VS

Colorado Springs

Colorado
119

Dallas is 18% cheaper than Colorado Springs.

$1,403/mo ↓ 10%
Median Rent
$1,562/mo ↑ 11%
$67,760/yr ↓ 19%
Median Income
$83,198/yr ↑ 23%
$295,300 ↓ 30%
Home Value
$420,700 ↑ 42%
$1,409/mo ↓ 11%
Owner Costs
$1,592/mo ↑ 13%
1,299,553
Population
483,099

Tax Comparison

0%
Income Tax
4.4%
6.25%
State Sales Tax
2.9%
1.6%
Property Tax
0.51%

Affordability

24.8%
rent-to-income
Affordability
22.5%
rent-to-income

Detailed Comparison

When comparing Dallas, TX and Colorado Springs, CO, the overall cost of living indices are 97 and 119 respectively (national median = 100). Rent is $159/month cheaper in Dallas, saving renters about $1,908/year.

Median household income is $15,438/year higher in Colorado Springs. Home values also differ significantly — the median in Dallas is $295,300 compared to $420,700 in Colorado Springs.

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

Frequently Asked Questions

Dallas vs Colorado Springs — common questions

Is Dallas or Colorado Springs cheaper to live in?
Based on our cost index, Dallas is cheaper to live in with an index of 97 compared to 119 (US average = 100).
What is the rent difference between Dallas and Colorado Springs?
Median rent in Dallas is $1,403/month and in Colorado Springs it's $1,562/month — a difference of $159/month.
Which city has higher income, Dallas or Colorado Springs?
Median household income is $67,760 in Dallas and $83,198 in Colorado Springs. Median household income is $15,438/year higher in Colorado Springs.
How do taxes compare between Texas and Colorado?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Dallas or Colorado Springs?
It depends on your priorities. Dallas has a cost index of 97 with median rent of $1,403/mo, while Colorado Springs has a cost index of 119 with rent of $1,562/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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