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Peterson SFB

Cost of Living

Colorado is one of the fastest-growing states in the US in terms of population. The cost of living there is very much situationally dependent, with factors like exact location, career, and household size having a significant impact. It can be expensive.

Average Apartment Prices​:

  • Studio $1,139/month 461 Sq Ft​
  • One Bedroom $1,311/month 671 Sq Ft​
  • Two Bedroom $1,606/month 981 Sq Ft​
  • Three Bedroom $2,032/month 1,227 Sq Ft

Median House Price​:

  • $436,000 Median sale price (November 2025)​ 
  • $454,783 Median list price (November 2025)​

Cost of Living

The cost of living in Colorado Springs, CO is 2.1% higher than the national average. Generally, housing in Colorado Springs is 10.1% more expensive than the national average, with rent falling between $1,139 - $2,032. You can expect to pay 2.5% more for groceries, 23.5% less for utilities, and 4.0% less for transportation.