City Comparison

Colorado Springs vs Springfield

Cost of Living Comparison · 2026

Colorado Springs

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

Springfield

Missouri
84
Very Affordable
$225,000
Median Home
$950/mo
Median Rent
$46,000
Median Income

The Verdict

25.0%

Springfield is 25.0% less expensive than Colorado Springs overall. A household earning $75,000 in Colorado Springs would need approximately $60,000 in Springfield to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
115
Colorado Springs
67
Springfield
Groceries
100
Colorado Springs
94
Springfield
Utilities
93
Colorado Springs
79
Springfield
Transportation
101
Colorado Springs
90
Springfield
Healthcare
104
Colorado Springs
116
Springfield

Salary Equivalence

A $75,000 salary in Colorado Springs has the same purchasing power as $60,000 in Springfield.

Conversely, $75,000 in Springfield equals $93,750 in Colorado Springs.

Living in Colorado Springs vs Springfield

Housing Costs

Colorado Springs's housing index of 115 is higher Springfield's 67, translating to median home prices of $380,000 vs $225,000. The $155,000 difference in home prices means roughly $10,080 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,500/mo in Colorado Springs compared to $950/mo in Springfield, a monthly difference of $550.

Grocery & Food Costs

Grocery expenses index at 100 in Colorado Springs and 94 in Springfield. A household spending the national average of $475/month on groceries would pay approximately $475/month in Colorado Springs vs $447/month in Springfield. Springfield offers a meaningful advantage on everyday food costs, saving roughly $336/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 93 in Colorado Springs and 79 in Springfield. Monthly utility bills average approximately $372 in Colorado Springs vs $316 in Springfield. 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 116 in Springfield. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 12-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 $46,000 in Springfield. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $61,630 and $54,762 respectively. Colorado Springs residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,510/month to housing in Colorado Springs vs $1,073/month in Springfield. In Colorado Springs, median rent of $1,500/mo fits within this budget. In Springfield, median rent of $950/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 48 index points — focus your budget analysis there.

Frequently Asked Questions

Springfield is 25.0% more affordable overall with an index of 84 vs 105.
A $75,000 salary in Colorado Springs has equivalent purchasing power to approximately $60,000 in Springfield, based on the cost of living difference.
Colorado Springs's housing index is 115 with median homes at $380,000, while Springfield's is 67 with median homes at $225,000.

Moving & Relocation Resources

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