Retirement Savings Calculator for Colorado Springs, CO
Updated 2026 · Local data pre-filled
The median household income in Colorado Springs is $71,200. With a cost of living index of 103, your retirement needs will be higher than average. Planners generally recommend saving 10–15% of income; at Colorado Springs's median income that's $8,544–$10,680 per year.
✓ Calculator below is pre-filled with Colorado Springs local data
How Colorado Springs Compares to the National Average
Understanding how Colorado Springs stacks up helps you calibrate your financial planning.
| Metric | Colorado Springs, CO | US Average | Difference |
|---|---|---|---|
| Median Home Price | $420,000 | $420,800 | -0.2% |
| Median Monthly Rent | $995 | $1,713 | -41.9% |
| Median Household Income | $71,200 | $74,580 | -4.5% |
| Property Tax Rate | 0.55% | 1.10% | -50.0% |
| Cost of Living Index | 103 | 100 | +3.0% |
Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024–2025). Green = favorable for residents; red = less favorable.
Colorado Springs Financial Snapshot
- Population (Metro)
- 760,000
- Unemployment
- 3.5%
- Avg Commute
- 24 min
- Median Age
- 34.8
- Price-to-Rent Ratio
- 35.2x
- Annual Property Tax
- $2,310
Retirement Savings Calculator in Other Colorado Cities
Frequently Asked Questions — Colorado Springs
What is the median home price in Colorado Springs, CO?
The median home price in Colorado Springs is $420,000 as of 2025–2026. This is below the national median of $420,800.
What is the average rent in Colorado Springs?
Median monthly rent in Colorado Springs is $995. That works out to $11,940/year, or 17% of the median household income — within the commonly recommended 30% of income guideline.
Is Colorado Springs affordable?
Colorado Springs's cost of living index is 103 vs. the national average of 100. With a median household income of $71,200/year and a median home price of $420,000, the price-to-income ratio is 5.9x. Colorado Springs falls in the middle of the affordability spectrum for US cities.
What is the property tax rate in Colorado Springs?
The effective property tax rate in Colorado Springs is 0.55% of assessed value. On the median home of $420,000, that's roughly $2,310/year ($193/month).