City Comparison

Augusta vs Colorado Springs

Cost of Living Comparison · 2026

Augusta

Maine
89
Below Average
$250,000
Median Home
$950/mo
Median Rent
$56,200
Median Income

Colorado Springs

Colorado
105
Average
$380,000
Median Home
$1,500/mo
Median Rent
$64,712
Median Income

The Verdict

15.2%

The cost gap between these cities is 15.2%, with Augusta being the more affordable option. A $75,000 income in Augusta has equivalent purchasing power to $88,483 in Colorado Springs.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
72
Augusta
115
Colorado Springs
Groceries
99
Augusta
100
Colorado Springs
Utilities
108
Augusta
93
Colorado Springs
Transportation
102
Augusta
101
Colorado Springs
Healthcare
114
Augusta
104
Colorado Springs

Salary Equivalence

A $75,000 salary in Augusta has the same purchasing power as $88,483 in Colorado Springs.

Conversely, $75,000 in Colorado Springs equals $63,571 in Augusta.

Living in Augusta vs Colorado Springs

Housing Costs

Augusta's housing index of 72 is lower Colorado Springs's 115, translating to median home prices of $250,000 vs $380,000. The $130,000 difference in home prices means roughly $8,448 per year in additional mortgage costs at current rates. Renters face a similar gap: $950/mo in Augusta compared to $1,500/mo in Colorado Springs, a monthly difference of $550.

Grocery & Food Costs

Grocery expenses index at 99 in Augusta and 100 in Colorado Springs. A household spending the national average of $475/month on groceries would pay approximately $470/month in Augusta vs $475/month in Colorado Springs. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 108 in Augusta and 93 in Colorado Springs. Monthly utility bills average approximately $432 in Augusta vs $372 in Colorado Springs. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 114 in Augusta and 104 in Colorado Springs. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 10-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $56,200 in Augusta and $64,712 in Colorado Springs. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $63,146 and $61,630 respectively. Augusta residents enjoy stronger real purchasing power despite lower nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,311/month to housing in Augusta vs $1,510/month in Colorado Springs. In Augusta, median rent of $950/mo fits within this budget. In Colorado Springs, median rent of $1,500/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 43 index points — focus your budget analysis there.

Frequently Asked Questions

Augusta is 15.2% more affordable overall with an index of 89 vs 105.
A $75,000 salary in Augusta has equivalent purchasing power to approximately $88,483 in Colorado Springs, based on the cost of living difference.
Augusta's housing index is 72 with median homes at $250,000, while Colorado Springs's is 115 with median homes at $380,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases