๐Ÿ“Š Cost of Living Comparison

Colorado Springs vs Henderson

Side-by-side cost of living comparison for 2026

Colorado Springs

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

Henderson

Nevada
108
Above Average
$420,000
Median Home
$1,500/mo
Median Rent
$72,238
Median Income

๐Ÿ’ก The Verdict

Colorado Springs and Henderson have very similar costs of living, with less than a 3% difference overall.

Category-by-Category Breakdown

Index values shown. National average = 100. Lower is cheaper.

Housing
115
Colorado Spr
118
Henderson
Groceries
100
Colorado Spr
102
Henderson
Utilities
93
Colorado Spr
94
Henderson
Transportation
101
Colorado Spr
107
Henderson
Healthcare
104
Colorado Spr
96
Henderson

๐Ÿ’ฐ Salary Equivalence

To maintain the same standard of living:

$77,143
$75K in Colorado Spring โ†’ Henderson
$72,917
$75K in Henderson โ†’ Colorado Spring

See exact take-home pay: Colorado salaries ยท Nevada salaries

Living in Colorado Springs vs Henderson

Housing is typically the biggest factor in any cost-of-living comparison. Colorado Springs has a housing index of 115 while Henderson sits at 118 (national average = 100). The median home in Colorado Springs costs $380,000 compared to $420,000 in Henderson, a difference of $40,000. Monthly rent follows a similar pattern: $1,500 in Colorado Springs versus $1,500 in Henderson.

Groceries and everyday expenses show a narrower gap: Colorado Springs scores 100 while Henderson scores 102. Both cities are close to the national average for grocery costs.

Healthcare costs in Colorado Springs (104) are higher than Henderson (96). Both are close to the national average.

Median household income in Colorado Springs is $64,712 compared to $72,238 in Henderson. When adjusted for cost of living, purchasing power is similar in both cities.

Relocating: Colorado Springs vs Henderson

If you are considering a move between Colorado Springs (index: 105) and Henderson (index: 108), the 3% cost difference has real implications for your budget. Colorado Springs is the more affordable option, but the right choice depends on your income, career opportunities, and lifestyle priorities.

Housing budget reality: Using the 28% rule (spending no more than 28% of gross income on housing), the median household in Colorado Springs can afford $1,510/month, while the median household in Henderson can afford $1,686/month. With median homes at $380,000 in Colorado Springs versus $420,000 in Henderson, homeownership requires above-median income in the pricier market.

Renting vs buying: At $1,500/month in Colorado Springs and $1,500/month in Henderson, renters face similar costs in both cities. The rent-to-own ratio in each city determines whether renting or buying offers better value for your situation.

Income adjustment: A $75,000 salary goes about equally far in both cities. Before accepting a job in either city, use the salary equivalence data above to understand what you would need to earn to maintain your current standard of living.

Reading These Numbers: Colorado Springs (105) vs Henderson (108)

The cost of living index uses 100 as the national average. Colorado Springs at 105 is 5% above the US average, while Henderson at 108 is 8% above average. Both cities are close to the national average in overall costs.

The overall index is a weighted average of housing (the largest component), groceries, utilities, transportation, and healthcare. Housing typically drives the biggest differences between cities. Even when two cities have similar overall indices, their category-level costs can vary significantly โ€” one city might have expensive housing but cheap groceries, while another is the reverse. Check the category breakdown above for the full picture.

For renters: With median rents of $1,500/month in Colorado Springs and $1,500/month in Henderson, the annual rent difference is approximately $0. Over a 5-year period, that compounds to $0 in savings by choosing the more affordable city.

For homebuyers: The $40,000 difference in median home prices between Colorado Springs and Henderson translates to roughly $2,400 per month in mortgage payments at current rates. Factor this into your budget alongside property taxes and insurance, which also vary by location.

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