Cost of LivingUpdated 2026-11-11

Colorado Springs, Colorado

Living in Colorado Springs, Colorado is close to the national average, with a cost of living index of 100 (US = 100). Typical rent is $1,764 a month, 9% below the national figure of $1,932, and regular gas costs $3.83 a gallon versus $3.98 nationally as of November 11, 2026. Rent, gas, groceries, electricity and car insurance take about 40% of the area's $87,470 median household income.

Key Numbers

Gas (Regular)

$3.83

National: $3.98

โ†‘ 192.2%since 2000
โœ“ AAA Gas Prices

Avg Rent (All)

$1,764

National: $1,932

โ†‘ 12.5%since 2021
โœ“ Zillow ZORI Colorado Springs, CO metro (2026-09)

Grocery Inflation

1.77%

Year-over-year

โœ“ BLS/FRED CPI

Fast Food Avg

$14.31

Combo meal

โ†‘ 5.0%YoY

Electricity

17.17ยข

per kWh ยท ~$155/mo

โ†“ 6.9%vs US avg
โœ“ EIA Residential

Car Insurance

$223/mo

$2,680/yr

โ†‘ 24.7%vs national avg
โœ“ Bankrate/NAIC

Median Household Income

$87,470

40.1% goes to essentials

โ†“ 40.1%cost burden
โœ“ Census ACS 2023
๐Ÿš—

Car Insurance

Avg $2,680 in Colorado Springs. Compare rates:

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Find Apartments

Avg rent $1,764/mo in Colorado Springs. Browse listings:

Browse listings โ†’Verified listings

Grocery Prices

Grocery Prices โ€” 2000 to Present

National BLS averages ยท submit local prices below โ†“

Eggs (dozen)

Bird flu volatility

$0.97 in 2000 โ†’ $2.32 BLS avg

+137.9%

Milk (gallon)

$2.79 in 2000 โ†’ $4.10 BLS avg

$3.69 @ King Soopers - Academy and Austin Bluffs (Nov 2026)

+47.3%

Ground Beef (lb)

$1.48 in 2000 โ†’ $6.75 BLS avg

$6.49 @ King Soopers - Academy and Austin Bluffs (Nov 2026)

+355.5%

Bread (loaf)

$0.91 in 2000 โ†’ $1.86 BLS avg

$4.99 @ King Soopers - Academy and Austin Bluffs (Nov 2026)

+105.2%

Chicken Breast (lb)

$1.06 in 2000 โ†’ $2.03 BLS avg

$4.89 @ King Soopers - Academy and Austin Bluffs (Nov 2026)

+91.3%

Butter (lb)

$3.98 BLS avg

$4.99 @ King Soopers - Academy and Austin Bluffs (Nov 2026)

-4.2% since 2018

Bacon (lb)

$2.75 in 2000 โ†’ $6.69 BLS avg

$5.72 @ King Soopers - Academy and Austin Bluffs (Nov 2026)

+143.1%

Cheddar Cheese (lb)

$3.84 in 2000 โ†’ $6.13 BLS avg

$4.00 @ King Soopers - Academy and Austin Bluffs (Nov 2026)

+59.6%

Pasta (lb)

$0.88 in 2000 โ†’ $1.38 BLS avg

$1.67 @ King Soopers - Academy and Austin Bluffs (Nov 2026)

+57.1%

Rice (5 lb)

$2.50 in 2000 โ†’ $5.50 BLS avg

$4.72 @ King Soopers - Academy and Austin Bluffs (Nov 2026)

+120.6%

Coffee (12 oz)

$2.65 in 2000 โ†’ $6.94 BLS avg

$9.99 @ King Soopers - Academy and Austin Bluffs (Nov 2026)

+161.3%

Orange Juice (64 oz)

Citrus shortage

$5.37 estimate

+44.4% since 2022

Potatoes (5 lb)

$1.96 in 2000 โ†’ $4.95 BLS avg

$2.79 @ King Soopers - Academy and Austin Bluffs (Nov 2026)

+152.6%

Apples (3 lb)

$4.90 estimate

$3.99 @ King Soopers - Academy and Austin Bluffs (Nov 2026)

+12.1% since 2022

Tomatoes (lb)

$1.44 in 2000 โ†’ $2.08 BLS avg

$1.79 @ King Soopers - Academy and Austin Bluffs (Nov 2026)

+44.4%

Lettuce (head)

$0.75 in 2000 โ†’ $1.96 BLS avg

+162.3%

Cooking Oil (48 oz)

$7.71 estimate

$3.79 @ King Soopers - Academy and Austin Bluffs (Nov 2026)

+44.7% since 2022

Yogurt (32 oz)

$5.21 estimate

$5.29 @ King Soopers - Academy and Austin Bluffs (Nov 2026)

+20.3% since 2022

Cereal (family size)

$6.46 estimate

$5.00 @ King Soopers - Academy and Austin Bluffs (Nov 2026)

+34.6% since 2022

Frozen Pizza

$8.10 estimate

$4.99 @ King Soopers - Academy and Austin Bluffs (Nov 2026)

+34.8% since 2022

Dining & Restaurants

Fast Food Meal

$14.31

Casual Dining

$27.56

Monthly Spend

$437.37

+4.98% YoY

Chain Restaurant Meal Prices โ€” 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $8.87

$14.31

+61.3%

Wendy's

2022: $10.02

$15.45

+54.2%

Chipotle

2022: $10.73

$16.03

+49.4%

Starbucks

2022: $4.82

$6.70

+39.0%

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Looking for an Apartment in Colorado Springs?

Average 1BR: $1,446/mo ยท 2BR: $2,082/mo

Browse Colorado Springs Apartments โ†’

Local Workforce

2024 ยท BLS QCEW

Total Jobs

309k

Median Weekly Pay

$1,298

$67k/yr

Top Sector

Professional & Business Services

Household vs Worker Pay

$87k

household median

Employment by Sector โ€” Colorado Springs

% of local workforce ยท avg weekly wage ยท 5-year growth trend

Professional & Business Services
+12.3% 5yr$1,995/wk
16.9%

~$104k/yr

Trade, Transportation & Utilities
+16.3% 5yr$950/wk
16.1%

~$49k/yr

Education & Health Services
+15.6% 5yr$1,139/wk
14.8%

~$59k/yr

Leisure & Hospitality
+6.1% 5yr$567/wk
12.8%

~$29k/yr

Financial Activities
+2.5% 5yr$1,617/wk
5.9%

~$84k/yr

Source: BLS QCEW 2024 Annual ยท County FIPS 08041

Highest Paying Sector

Professional & Business Services

$1,995/wk ยท $104k/yr

Most Workers (lowest wage)

Leisure & Hospitality

$567/wk ยท $29k/yr

Colorado Springs Cost of Living FAQ

Is Colorado Springs, CO expensive to live in?

Colorado Springs has a cost of living index of 100, where 100 is the US average, so it is close to average. It is the most affordable of the 8 Colorado cities we track.

What is the average rent in Colorado Springs, CO?

Typical rent in Colorado Springs is $1,764 a month for all home types as of September 2026, 9% below the national figure of $1,932. One bedroom units average about $1,446 and two bedrooms about $2,082. Source: Zillow Observed Rent Index for the metro area.

Is rent going up in Colorado Springs?

Rent in Colorado Springs rose 2.9% over the past year, about in line with the 2.7% change nationally.

How much is gas in Colorado Springs?

Regular unleaded costs about $3.83 a gallon in Colorado Springs as of November 11, 2026, based on the AAA average for Colorado. That is 4% below the national average of $3.98.

How much is electricity in Colorado Springs?

Homes in Colorado pay an average of 17.2 cents per kWh (EIA), versus 18.4 cents nationally. At 900 kWh a month, a typical bill in Colorado Springs is about $155.

How much is car insurance in Colorado Springs?

Full coverage car insurance averages $2,680 a year in Colorado, or about $223 a month (Bankrate and NAIC state average), compared with $2,150 a year nationally.

How much do you need to live in Colorado Springs?

Median household income in the Colorado Springs area is $87,470 (Census ACS 2023, county level). Rent, gas, groceries, electricity and car insurance add up to about $35,109 a year, or 40% of that income. Groceries are counted at $7,112 a year, the average household spend on food at home in the region (BLS Consumer Expenditure Survey).

How does Colorado Springs compare with the rest of Colorado?

Rent in Colorado Springs is 10% below the $1,960 average across the 8 Colorado cities we track, and its cost of living index of 100 compares with a state average of 113.

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