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

Louisville

Kentucky
74
VS

Colorado Springs

Colorado
119

Louisville is 38% cheaper than Colorado Springs.

$1,069/mo ↓ 32%
Median Rent
$1,562/mo ↑ 46%
$64,731/yr ↓ 22%
Median Income
$83,198/yr ↑ 29%
$221,500 ↓ 47%
Home Value
$420,700 ↑ 90%
$1,118/mo ↓ 30%
Owner Costs
$1,592/mo ↑ 42%
627,210
Population
483,099

Tax Comparison

4.0%
Income Tax
4.4%
6.0%
State Sales Tax
2.9%
0.83%
Property Tax
0.51%

Affordability

19.8%
rent-to-income
Affordability
22.5%
rent-to-income

Detailed Comparison

When comparing Louisville, KY and Colorado Springs, CO, the overall cost of living indices are 74 and 119 respectively (national median = 100). Rent is $493/month cheaper in Louisville, saving renters about $5,916/year.

Median household income is $18,467/year higher in Colorado Springs. Home values also differ significantly — the median in Louisville is $221,500 compared to $420,700 in Colorado Springs.

Kentucky has a lower income tax rate, making Louisville slightly more tax-friendly.

Frequently Asked Questions

Louisville vs Colorado Springs — common questions

Is Louisville or Colorado Springs cheaper to live in?
Based on our cost index, Louisville is cheaper to live in with an index of 74 compared to 119 (US average = 100).
What is the rent difference between Louisville and Colorado Springs?
Median rent in Louisville is $1,069/month and in Colorado Springs it's $1,562/month — a difference of $493/month.
Which city has higher income, Louisville or Colorado Springs?
Median household income is $64,731 in Louisville and $83,198 in Colorado Springs. Median household income is $18,467/year higher in Colorado Springs.
How do taxes compare between Kentucky and Colorado?
Kentucky has 4.0% income tax, 6.0% sales tax, and 0.83% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Louisville or Colorado Springs?
It depends on your priorities. Louisville has a cost index of 74 with median rent of $1,069/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.
View Louisville details → View Colorado Springs details →

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