City Comparison

Colorado Springs vs Warwick

Cost of Living Comparison · 2026

Colorado Springs

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

Warwick

Rhode Island
106
Above Average
$413,000
Median Home
$1,425/mo
Median Rent
$74,600
Median Income

The Verdict

0.9%

Colorado Springs is 0.9% less expensive than Warwick overall. A household earning $75,000 in Colorado Springs would need approximately $75,714 in Warwick to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
115
Colorado Springs
127
Warwick
Groceries
100
Colorado Springs
102
Warwick
Utilities
93
Colorado Springs
112
Warwick
Transportation
101
Colorado Springs
105
Warwick
Healthcare
104
Colorado Springs
103
Warwick

Salary Equivalence

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

Conversely, $75,000 in Warwick equals $74,292 in Colorado Springs.

Living in Colorado Springs vs Warwick

Housing Costs

Colorado Springs's housing index of 115 is lower Warwick's 127, translating to median home prices of $380,000 vs $413,000. The $33,000 difference in home prices means roughly $2,148 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,500/mo in Colorado Springs compared to $1,425/mo in Warwick, a monthly difference of $75.

Grocery & Food Costs

Grocery expenses index at 100 in Colorado Springs and 102 in Warwick. A household spending the national average of $475/month on groceries would pay approximately $475/month in Colorado Springs vs $485/month in Warwick. 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 112 in Warwick. Monthly utility bills average approximately $372 in Colorado Springs vs $448 in Warwick. 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 103 in Warwick. 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 $74,600 in Warwick. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $61,630 and $70,377 respectively. Warwick 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 $1,741/month in Warwick. In Colorado Springs, median rent of $1,500/mo fits within this budget. In Warwick, median rent of $1,425/mo remains manageable. The biggest category-level difference between these two cities is Utilities, where the gap is 19 index points — focus your budget analysis there.

Frequently Asked Questions

Colorado Springs is 0.9% more affordable overall with an index of 105 vs 106.
A $75,000 salary in Colorado Springs has equivalent purchasing power to approximately $75,714 in Warwick, based on the cost of living difference.
Colorado Springs's housing index is 115 with median homes at $380,000, while Warwick's is 127 with median homes at $413,000.

Moving & Relocation Resources

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