Salary And Cost Of Living In Colorado Springs CO

Colorado Springs, CO has become one of the most desirable mid-sized cities in the Rocky Mountain region, drawing professionals, military families, and remote workers alike. As people evaluate a potential move, understanding the salary trends, cost of living, housing market, neighborhoods, and schools in Colorado Springs is essential. The city offers a blend of scenic mountain views, a growing job market, and a family-friendly environment, but these advantages come with financial considerations that should be carefully weighed.

Average Salary In Colorado Springs CO

The job market in Colorado Springs, CO is diverse, supported by industries such as defense, aerospace, technology, healthcare, and tourism. Large employers include military installations like Fort Carson, Peterson Space Force Base, and Schriever Space Force Base, as well as companies in cybersecurity and engineering.

Overall, salaries in Colorado Springs are competitive relative to many other mid-sized U.S. cities, though slightly lower on average than nearby Denver. The following table provides an overview of typical annual salary ranges in Colorado Springs, CO:

While salary levels are important, they must be analyzed in the context of the overall cost of living in Colorado Springs, CO. In many cases, moderate incomes can still support a comfortable lifestyle, especially when paired with careful budgeting and neighborhood selection.

Cost Of Living In Colorado Springs CO

The cost of living in Colorado Springs, CO is generally considered moderate to slightly above the national average. Housing represents the largest expense, while utilities, healthcare, and transportation tend to be closer to or slightly below national norms. Compared with Denver and Boulder, Colorado Springs is often more affordable, making it attractive to those seeking a balance between quality of life and cost.

Below is a high-level cost of living comparison using the national average as a baseline of 100:

Thanks to relatively mild winters compared with other mountain cities and access to nearby amenities, many residents feel that the quality of life in Colorado Springs, CO justifies the slightly higher costs, particularly for those earning above the median income.

Average Home Values And Rents In Colorado Springs CO

Housing is a crucial factor when evaluating whether salaries can support a desirable lifestyle in Colorado Springs, CO. In recent years, the city has experienced strong population growth, increasing demand for both homes and apartments. As a result, home values and rents in Colorado Springs, CO have risen notably compared with a decade ago.

Here is an approximate overview of current housing costs:

To visualize how housing costs in Colorado Springs, CO compare with the national average, the following simple chart highlights the relative differences:

Although home prices are elevated, they are still often more attainable than in Denver or many coastal cities. Buyers and renters who explore different neighborhoods across Colorado Springs, CO can frequently find options that align better with their budgets, especially in emerging or revitalizing areas.

Best Neighborhoods In Colorado Springs CO

Choosing the right neighborhood in Colorado Springs, CO can significantly affect both lifestyle and monthly expenses. The city features a variety of communities, ranging from historic districts near downtown to suburban areas with newer developments and master-planned amenities.

Some of the best neighborhoods in Colorado Springs, CO to consider include:

Northgate Colorado Springs CO

Situated in the northern part of the city, Northgate offers newer homes, convenient access to I-25, and proximity to the Air Force Academy. Housing prices are generally above the city median, but residents benefit from modern amenities and strong schools.

Briargate Colorado Springs CO

Briargate is a popular master-planned area known for family-friendly streets, parks, and shopping centers. Home values range from mid-level to higher-end, making it attractive for professionals and growing families who want a suburban feel.

Old Colorado City Colorado Springs CO

Located on the west side, Old Colorado City offers a charming historic main street with restaurants, galleries, and boutiques. Housing includes older homes, cottages, and updated properties. It is a good fit for those who value character and walkability.

Downtown Colorado Springs CO

The downtown area has seen ongoing revitalization, with new apartments, condos, and mixed-use buildings. Residents enjoy easy access to offices, entertainment, and dining. Rents and condo prices can be higher, but the urban lifestyle appeals to young professionals and those who prefer minimal commutes.

Rockrimmon And Northwest Colorado Springs CO

These areas offer mature trees, established homes, and excellent access to outdoor recreation, including the foothills and extensive trail networks. Prices vary but often fall in the mid to upper ranges, reflecting the desirable location and scenic views.

Each of these neighborhoods in Colorado Springs, CO offers a unique combination of lifestyle, price point, and amenities. By carefully comparing options, prospective residents can find the right balance between commute time, school quality, and monthly housing costs.

Schools And Education In Colorado Springs CO

For many families, the quality of schools in Colorado Springs, CO is a top priority. The city is served by several public school districts, including Academy School District 20, Colorado Springs School District 11, Harrison School District 2, and others. Additionally, there are multiple charter, private, and parochial schools throughout the region.

Academy School District 20, located largely in the northern part of Colorado Springs, CO, is often recognized for strong academic performance, robust extracurricular programs, and modern facilities. District 11, which covers much of central Colorado Springs, includes a mix of established schools, magnet programs, and specialized academies. Meanwhile, charter schools such as The Classical Academy and others appeal to families seeking particular educational philosophies or curricula.

Higher education is also well represented in Colorado Springs, CO. Institutions such as the University of Colorado Colorado Springs (UCCS), Colorado College, and Pikes Peak State College provide a variety of undergraduate and graduate programs. The presence of these institutions contributes to a skilled workforce and enhances local cultural and research opportunities.

When comparing educational options in Colorado Springs, CO, families should review school performance metrics, visit campuses, and speak with local residents. Doing so helps ensure that chosen neighborhoods align not only with housing budgets and commute times, but also with long-term academic goals.

Living In Colorado Springs CO Balancing Salary And Lifestyle

Living in Colorado Springs, CO involves balancing income levels with housing costs, daily expenses, and personal lifestyle preferences. With median household incomes in the mid-$70,000s and a cost of living that is slightly above the national average, many residents find that a comfortable life is attainable, particularly when they select neighborhoods and housing types that match their financial realities.

The city’s combination of steady job growth, strong military and technology sectors, scenic natural surroundings, and reputable schools makes Colorado Springs, CO an appealing option for professionals, families, and retirees. Prospective residents who analyze average salaries, cost of living, home values, rents, neighborhoods, and schools in Colorado Springs, CO will be well prepared to make informed decisions and build a sustainable, rewarding lifestyle at the foot of Pikes Peak.