Colorado Springs vs Springfield

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 $76,429 in Springfield.

Conversely, $75,000 in Springfield equals $73,598 in Colorado Springs.

Living in Colorado Springs vs Springfield

Housing Costs

Colorado Springs's housing index of 115 is lower Springfield's 116, translating to median home prices of $380,000 vs $378,000. The $2,000 difference in home prices means roughly $132 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,500/mo in Colorado Springs compared to $1,150/mo in Springfield, a monthly difference of $350.

Grocery & Food Costs

Grocery expenses index at 100 in Colorado Springs and 101 in Springfield. A household spending the national average of $475/month on groceries would pay approximately $475/month in Colorado Springs vs $480/month in Springfield. 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 96 in Springfield. Monthly utility bills average approximately $372 in Colorado Springs vs $384 in Springfield. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 104 in Colorado Springs and 102 in Springfield. 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 $57,600 in Springfield. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $61,630 and $53,832 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 $1,344/month in Springfield. In Colorado Springs, median rent of $1,500/mo fits within this budget. In Springfield, median rent of $1,150/mo remains manageable. The biggest category-level difference between these two cities is Transportation, where the gap is 6 index points — focus your budget analysis there.

Frequently Asked Questions

Moving & Relocation Resources

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