Colorado Springs, CO
Discover how far your salary goes in Colorado Springs. Compare taxes, rent, and living costs.
478,961
4.4%
$2,093
/month
+50%
above avg
How far would your salary go in Colorado Springs?
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Rent Prices in Colorado Springs
Studio
$1,674
/month
$20,088/year
1 Bedroom
$2,093
/month
$25,116/year
2 Bedroom
$2,826
/month
$33,912/year
3 Bedroom
$3,663
/month
$43,956/year
Taxes in Colorado
State Income Tax
Colorado
For a $100k salary, that's ~$4,400/year in state taxes.
Federal Income Tax
Same nationwide
Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.
Learn how tax brackets workMore Affordable Alternatives
Cities with lower cost of living where your money goes further:
Frequently Asked Questions
What is the cost of living in Colorado Springs, CO?▼
Colorado Springs has a cost of living index of 155, which is 55% above the national average. A 1-bedroom apartment costs around $2,093/month.
What is the state income tax in Colorado?▼
Colorado has a state income tax rate of approximately 4.4%. This is in addition to federal income tax.
How much is rent in Colorado Springs?▼
The median rent for a 1-bedroom apartment in Colorado Springs is $2,093/month. For a 2-bedroom, expect to pay around $2,826/month. This is 50% above the national average.
Is Colorado Springs a good place to live?▼
Colorado Springs is a mid-size city with a population of 478,961. The cost of living is expensive, making it more expensive than average for the US.
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