Moving to Colorado Springs
What you need to know before relocating to Colorado Springs, Colorado. Data-driven insights on housing, jobs, safety, and quality of life.
Is Colorado Springs a Good Place to Live?
Colorado Springs presents a mixed picture. Prospective residents should weigh the tradeoffs carefully. Key considerations: rent ($1,706/mo) is above the national average; home prices ($472,600) are above the us median.
Colorado Springs at a Glance
Cost of Living in Colorado Springs
The median rent in Colorado Springs is $1,706/month, while the median home value is $472,600. With a median household income of $89,792, residents spend roughly 23% of monthly income on rent.
Overall, the Colorado Springs metro area is classified as average compared to other US metros.
Job Market
Colorado Springs has a median household income of $89,792, which is 20% above the national median. The local unemployment rate is 3.4%, compared to the national average of 3.7%.
Safety in Colorado Springs
The violent crime rate in Colorado Springs is 474 per 100,000 residents, which is 25% above the national average of 380.
Property crime rate: 2879 per 100,000 residents.
Education in Colorado
Colorado has a high school graduation rate of 90% and per-pupil spending of $16,410/year. The student-to-teacher ratio is 17:1.
46% of Colorado adults hold a bachelor's degree or higher.
Healthcare Access
Colorado has 268 physicians per 100,000 residents, a 6.7% uninsured rate, and 2.3 hospital beds per 1,000 people. Life expectancy in Colorado is 78.4 years.
Pros and Cons of Living in Colorado Springs
+Pros
- ✓Median household income ($89,792) exceeds the national median
- ✓Low uninsured rate (6.7%) and good healthcare access
-Cons
- ✗Rent ($1,706/mo) is above the national average
- ✗Home prices ($472,600) are above the US median
- ✗Longer-than-average commute (335746 min)
Frequently Asked Questions
Is Colorado Springs a good place to live?⌄
Colorado Springs has both advantages and drawbacks. Prospective residents should weigh rent ($1,706/mo) is above the national average and home prices ($472,600) are above the us median against other lifestyle factors.
What is the cost of living in Colorado Springs?⌄
The median rent in Colorado Springs is $1,706/month and the median home value is $472,600. The median household income is $89,792. Overall the metro is considered average.
Is Colorado Springs safe?⌄
Colorado Springs has a violent crime rate of 474 incidents per 100,000 residents. The national average is approximately 380 per 100,000.
What is the job market like in Colorado Springs?⌄
Colorado Springs has an unemployment rate of 3.4%, compared to the national average of 3.7%. The median household income is $89,792.