City Comparison

Colorado Springs vs Orem

Cost of Living Comparison · 2026

Colorado Springs

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

Orem

Utah
117
Above Average
$528,000
Median Home
$1,400/mo
Median Rent
$86,000
Median Income

The Verdict

10.3%

Colorado Springs is 10.3% less expensive than Orem overall. A household earning $75,000 in Colorado Springs would need approximately $83,571 in Orem to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
115
Colorado Springs
147
Orem
Groceries
100
Colorado Springs
98
Orem
Utilities
93
Colorado Springs
92
Orem
Transportation
101
Colorado Springs
108
Orem
Healthcare
104
Colorado Springs
95
Orem

Salary Equivalence

A $75,000 salary in Colorado Springs has the same purchasing power as $83,571 in Orem.

Conversely, $75,000 in Orem equals $67,308 in Colorado Springs.

Living in Colorado Springs vs Orem

Housing Costs

Colorado Springs's housing index of 115 is lower Orem's 147, translating to median home prices of $380,000 vs $528,000. The $148,000 difference in home prices means roughly $9,624 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,500/mo in Colorado Springs compared to $1,400/mo in Orem, a monthly difference of $100.

Grocery & Food Costs

Grocery expenses index at 100 in Colorado Springs and 98 in Orem. A household spending the national average of $475/month on groceries would pay approximately $475/month in Colorado Springs vs $466/month in Orem. 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 92 in Orem. Monthly utility bills average approximately $372 in Colorado Springs vs $368 in Orem. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 104 in Colorado Springs and 95 in Orem. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 9-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $64,712 in Colorado Springs and $86,000 in Orem. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $61,630 and $73,504 respectively. Orem 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 $2,007/month in Orem. In Colorado Springs, median rent of $1,500/mo fits within this budget. In Orem, median rent of $1,400/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 32 index points — focus your budget analysis there.

Frequently Asked Questions

Colorado Springs is 10.3% more affordable overall with an index of 105 vs 117.
A $75,000 salary in Colorado Springs has equivalent purchasing power to approximately $83,571 in Orem, based on the cost of living difference.
Colorado Springs's housing index is 115 with median homes at $380,000, while Orem's is 147 with median homes at $528,000.

Moving & Relocation Resources

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