Cost of Living: Honolulu vs Colorado Springs (2026)

Colorado Springs has a 96% lower overall cost of living than Honolulu as of Q1 2026. A one-bedroom apartment runs $1,500/mo in Colorado Springs vs $3,200/mo in Honolulu โ€” a 113% difference. Colorado Springs has a lower state income tax rate (4.4% vs 11%), which adds up over time.

  • Colorado Springs is 96% cheaper overall (COL index: 186 vs 95)
  • 1BR rent: $1,500/mo in Colorado Springs vs $3,200/mo โ€” 53% savings
  • Higher median household income: Honolulu ($82,000/yr vs $68,000/yr)
  • Median home price: $400,000 in Colorado Springs vs $750,000 โ€” 47% difference
Category
Honolulu
Hawaii
Colorado Springs
Colorado
๐Ÿ  HousingQ1 2026
Studio rent/mo$2,500$1,200Best
1BR rent/mo$3,200$1,500Best
2BR rent/mo$4,500$2,000Best
Median home price$750K$400KBest
๐Ÿ›’ Food & GroceriesQ1 2026
Groceries index (100 = US avg)12098Best
Budget meal (1 person)$18$13Best
Mid-range dinner (2)$78$55Best
๐ŸšŒ TransportationQ1 2026
Monthly transit pass/mo$70$55Best
Gas price/gal$4.80$3.35Best
Car insurance/mo$195$145Best
โšก UtilitiesQ1 2026
Monthly utilities bundle/mo$185$145Best
Internet/mo$75$65Best
๐Ÿ’ฐ Income & TaxesQ1 2026
Median household income/yr$82KBest$68K
State income tax%11.0%4.4%Best
Sales tax (combined)%4.7%Best8.0%
๐ŸŽฌ LeisureQ1 2026
Movie ticket$18.00$15.00Best
Gym membership/mo$65$40Best
Beer at restaurant$8.50$6.50Best
๐Ÿ“Š OverviewQ1 2026
Overall COL index (100 = US avg)18695Best
Walk score / 10066Best30

Frequently asked questions

Is Honolulu cheaper than Colorado Springs?

No. Colorado Springs is 96% cheaper than Honolulu based on overall cost of living indices (95 vs 186, where 100 = US average).

What is the average rent in Honolulu vs Colorado Springs?

As of Q1 2026, the median 1-bedroom rent in Honolulu is $3,200/month and in Colorado Springs is $1,500/month. Honolulu is more expensive by 113%.

How much do I need to earn in Colorado Springs to match a $75,000 salary in Honolulu?

To maintain a similar lifestyle, you would need approximately $38,306/year in Colorado Springs to match a $75,000 salary in Honolulu. This estimate is based on overall cost of living indices and does not account for individual spending patterns.

Which city has lower taxes โ€” Honolulu or Colorado Springs?

Colorado Springs has the lower state income tax rate at 4.4% vs 11%. The difference is 6.6 percentage points. Note that sales tax and local taxes also vary โ€” see the full breakdown in the table above.

Is it worth moving from Honolulu to Colorado Springs?

It depends on your priorities. Colorado Springs offers lower overall costs, but both cities have different job markets, weather, and lifestyle trade-offs. Use the comparison table above to evaluate rent, groceries, transportation, and income potential side by side based on your specific budget.

Data sourced from Zillow, BLS, Numbeo, Tax Foundation, and US Census ACS ยท Updated Q1 2026 ยท For general guidance only

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