Can I Afford to Live in Colorado Springs vs Raleigh on $150K?

Here's how a $150K/year salary plays out in both cities after taxes, rent, and core living expenses โ€” based on Q1 2026 data.

Colorado Springs, CO
$8,394/mo take-home
Rent: $1,500/mo (18% of take-home)
Very comfortable
Raleigh, NC
$8,381/mo take-home
Rent: $1,700/mo (20% of take-home)
Very comfortable

Monthly budget breakdown

Expense
Colorado Springs
CO
Raleigh
NC
Monthly take-home (est.)$8,394$8,381
1BR rent$1,500$1,700
Groceries (est.)$372$365
Transport (est.)$55$70
Utilities$145$150
Internet$65$60
Left after essentials$6,257/month$6,036/month

Frequently asked questions

Is $150K a good salary in Colorado Springs?

At $150K/year in Colorado Springs, your estimated monthly take-home is $8,394. With 1BR rent around $1,500/month, rent takes up 18% of your take-home. That's considered very comfortable.

Is $150K a good salary in Raleigh?

At $150K/year in Raleigh, your estimated monthly take-home is $8,381. With 1BR rent around $1,700/month, rent takes up 20% of your take-home. That's considered very comfortable.

Which city is more affordable on a $150K salary?

Colorado Springs leaves you with more money after core expenses โ€” $6,257/month vs $6,036/month in Raleigh.

Can I afford to live alone in Colorado Springs on $150K?

Yes. At $150K in Colorado Springs, rent takes 18% of your take-home, leaving $6,257/month after essentials. Most financial planners recommend keeping rent below 30%.

Compare other salary bands โ€” Colorado Springs vs Raleigh

See the full cost-of-living comparison

Rent, groceries, taxes, transportation, and more โ€” side by side.

Full comparison

Take-home estimates use simplified federal/state brackets and do not account for pre-tax deductions, 401(k), or local taxes. Data: Zillow, BLS, Numbeo ยท Q1 2026 ยท For general guidance only