Colorado Springs vs Newport News

Category-by-Category Breakdown

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

Salary Equivalence

A $75,000 salary in Colorado Springs has the same purchasing power as $65,714 in Newport News.

Conversely, $75,000 in Newport News equals $85,598 in Colorado Springs.

Living in Colorado Springs vs Newport News

Housing Costs

Colorado Springs's housing index of 115 is higher Newport News's 75, translating to median home prices of $380,000 vs $261,000. The $119,000 difference in home prices means roughly $7,740 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,500/mo in Colorado Springs compared to $1,175/mo in Newport News, a monthly difference of $325.

Grocery & Food Costs

Grocery expenses index at 100 in Colorado Springs and 99 in Newport News. A household spending the national average of $475/month on groceries would pay approximately $475/month in Colorado Springs vs $470/month in Newport News. 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 93 in Colorado Springs and 104 in Newport News. Monthly utility bills average approximately $372 in Colorado Springs vs $416 in Newport News. 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 104 in Colorado Springs and 111 in Newport News. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $64,712 in Colorado Springs and $69,600 in Newport News. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $61,630 and $75,652 respectively. Newport News residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,510/month to housing in Colorado Springs vs $1,624/month in Newport News. In Colorado Springs, median rent of $1,500/mo fits within this budget. In Newport News, median rent of $1,175/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 40 index points — focus your budget analysis there.

Frequently Asked Questions

Moving & Relocation Resources

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