Cost of Living: Raleigh vs Colorado Springs (2026)

Colorado Springs has a 6% lower overall cost of living than Raleigh as of Q1 2026. A one-bedroom apartment runs $1,500/mo in Colorado Springs vs $1,700/mo in Raleigh โ€” a 13% difference.

  • Colorado Springs is 6% cheaper overall (COL index: 101 vs 95)
  • 1BR rent: $1,500/mo in Colorado Springs vs $1,700/mo โ€” 12% savings
  • Higher median household income: Raleigh ($70,000/yr vs $68,000/yr)
  • Median home price: $380,000 in Raleigh vs $400,000 โ€” 5% difference
Category
Raleigh
North Carolina
Colorado Springs
Colorado
๐Ÿ  HousingQ1 2026
Studio rent/mo$1,400$1,200Best
1BR rent/mo$1,700$1,500Best
2BR rent/mo$2,200$2,000Best
Median home price$380KBest$400K
๐Ÿ›’ Food & GroceriesQ1 2026
Groceries index (100 = US avg)96Best98
Budget meal (1 person)$13Best$13
Mid-range dinner (2)$55Best$55
๐ŸšŒ TransportationQ1 2026
Monthly transit pass/mo$70$55Best
Gas price/gal$3.10Best$3.35
Car insurance/mo$145Best$145
โšก UtilitiesQ1 2026
Monthly utilities bundle/mo$150$145Best
Internet/mo$60Best$65
๐Ÿ’ฐ Income & TaxesQ1 2026
Median household income/yr$70KBest$68K
State income tax%4.5%4.4%Best
Sales tax (combined)%7.5%Best8.0%
๐ŸŽฌ LeisureQ1 2026
Movie ticket$15.00Best$15.00
Gym membership/mo$40Best$40
Beer at restaurant$6.00Best$6.50
๐Ÿ“Š OverviewQ1 2026
Overall COL index (100 = US avg)10195Best
Walk score / 1002630Best

Frequently asked questions

Is Raleigh cheaper than Colorado Springs?

No. Colorado Springs is 6% cheaper than Raleigh based on overall cost of living indices (95 vs 101, where 100 = US average).

What is the average rent in Raleigh vs Colorado Springs?

As of Q1 2026, the median 1-bedroom rent in Raleigh is $1,700/month and in Colorado Springs is $1,500/month. Raleigh is more expensive by 13%.

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

To maintain a similar lifestyle, you would need approximately $70,545/year in Colorado Springs to match a $75,000 salary in Raleigh. This estimate is based on overall cost of living indices and does not account for individual spending patterns.

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

Colorado Springs has the lower state income tax rate at 4.4% vs 4.5%. The difference is 0.1 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 Raleigh 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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