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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

$464,583 Median sale price (August 2025)​ 

$473,333 Median list price (August 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.