Las Vegas is 7% cheaper than Colorado Springs.
When comparing Las Vegas, NV and Colorado Springs, CO, the overall cost of living indices are 111 and 119 respectively (national median = 100). Rent is $106/month cheaper in Las Vegas, saving renters about $1,272/year.
Median household income is $12,475/year higher in Colorado Springs. Home values also differ significantly — the median in Las Vegas is $395,300 compared to $420,700 in Colorado Springs.
Nevada has no state income tax, giving Las Vegas residents a significant tax advantage over Colorado's 4.4% rate.
Las Vegas vs Colorado Springs — common questions
Other cost of living comparisons for Las Vegas and Colorado Springs