Cost of Living: Westminster, CO vs Colorado Springs, CO

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,259/mo in Westminster, CO versus $4,259/mo in Colorado Springs, CO. In the model, rent is about 26.47% of gross in Westminster, CO versus 22.77% in Colorado Springs, CO, so Colorado Springs, CO tends to feel more affordable for rent.

Take-home in Westminster, CO
$4,259/mo
Income level: below
Take-home in Colorado Springs, CO
$4,259/mo
Income level: below
Rent share (1BR) in Westminster, CO
26.47%
COLI tier: mid-range
Rent share (1BR) in Colorado Springs, CO
22.77%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Westminster, CO and Colorado Springs, CO.

At a glance

  • Cheaper overall (lower cost-of-living index): Colorado Springs, CO
  • Lower rent (median 1BR/2BR): Colorado Springs, CO
  • Lower home prices: Colorado Springs, CO
  • Higher median household income: Westminster, CO

Cost of Living Index

Westminster, CO: 100 (U.S. = 100) · Colorado Springs, CO: 98.5 (U.S. = 100)

Colorado Springs, CO has a lower cost-of-living index than Westminster, CO, so a given salary generally stretches further there.

Median Rent

Westminster, CO: $1,726/mo (midpoint of 1BR/2BR) · Colorado Springs, CO: $1,484/mo

Median rent in Westminster, CO is $242/mo higher than in Colorado Springs, CO.

Median Home Price

Westminster, CO: $497,400 · Colorado Springs, CO: $420,700

Median home price in Westminster, CO is $76,700 higher than in Colorado Springs, CO.

Median Household Income

Westminster, CO: $96,145 · Colorado Springs, CO: $83,198

Westminster, CO has a higher median household income than Colorado Springs, CO by $12,947.

Westminster, CO overview · Colorado Springs, CO overview · Popular comparisons