City Comparison

Colorado Springs vs Racine

Cost of Living Comparison · 2026

Colorado Springs

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

Racine

Wisconsin
88
Below Average
$126,000
Median Home
$1,025/mo
Median Rent
$57,700
Median Income

The Verdict

19.3%

Racine is 19.3% less expensive than Colorado Springs overall. A household earning $75,000 in Colorado Springs would need approximately $62,857 in Racine to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
115
Colorado Springs
66
Racine
Groceries
100
Colorado Springs
97
Racine
Utilities
93
Colorado Springs
94
Racine
Transportation
101
Colorado Springs
90
Racine
Healthcare
104
Colorado Springs
111
Racine

Salary Equivalence

A $75,000 salary in Colorado Springs has the same purchasing power as $62,857 in Racine.

Conversely, $75,000 in Racine equals $89,489 in Colorado Springs.

Living in Colorado Springs vs Racine

Housing Costs

Colorado Springs's housing index of 115 is higher Racine's 66, translating to median home prices of $380,000 vs $126,000. The $254,000 difference in home prices means roughly $16,512 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,500/mo in Colorado Springs compared to $1,025/mo in Racine, a monthly difference of $475.

Grocery & Food Costs

Grocery expenses index at 100 in Colorado Springs and 97 in Racine. A household spending the national average of $475/month on groceries would pay approximately $475/month in Colorado Springs vs $461/month in Racine. 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 94 in Racine. Monthly utility bills average approximately $372 in Colorado Springs vs $376 in Racine. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 104 in Colorado Springs and 111 in Racine. 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 $57,700 in Racine. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $61,630 and $65,568 respectively. Racine 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 $1,346/month in Racine. In Colorado Springs, median rent of $1,500/mo fits within this budget. In Racine, median rent of $1,025/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 49 index points — focus your budget analysis there.

Frequently Asked Questions

Racine is 19.3% more affordable overall with an index of 88 vs 105.
A $75,000 salary in Colorado Springs has equivalent purchasing power to approximately $62,857 in Racine, based on the cost of living difference.
Colorado Springs's housing index is 115 with median homes at $380,000, while Racine's is 66 with median homes at $126,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases