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Metropolitan Statistical Area

Cost of living in the Colorado Springs Metro Area

2 counties across CO. Population: 760,782.

Avg. 1-bed rent
$1,467/mo
Avg. household income
$87,248/yr
Avg. home value
$431,456
Avg. monthly cost
$3,586/mo

Last updated May 22, 2026

Rent in the Colorado Springs Metro Area

Average rent across the Colorado Springs metro area, weighted by county population.

Studio
$1,212
per month
1 bedroom
$1,467
per month
2 bedroom
$1,768
per month
3 bedroom
$2,477
per month
4 bedroom
$2,833
per month

Source: HUD FMR + ACS (population-weighted metro average)

Income and earnings in the Colorado Springs Metro Area

Earnings data averaged across all 2 counties.

Household income
$87,248
per year
Individual earnings
$45,277
per year
Per capita
$44,315
per year

Source: ACS (population-weighted metro average)

Home values in the Colorado Springs Metro Area

Average home values and annual property tax across the metro.

Average home value
$431,456
Average annual property tax
$1,767

Source: ACS (population-weighted metro average)

Energy costs in the Colorado Springs Metro Area

Residential electricity and natural gas estimates.

Monthly electricity
$106
per month
Monthly gas
$52
per month
Annual total
$1,896
per year

Source: EIA (state averages applied per county, weighted)

All 2 counties in the Colorado Springs Metro Area

The Colorado Springs metro area includes 2 counties. Sorted by population.

Compare counties in the Colorado Springs Metro Area

Put two counties side by side to see how rent, taxes and everyday costs stack up across the metro.

Open comparison tool

Frequently asked questions about the Colorado Springs Metro Area

Common questions about cost of living in the metro area.

What is the cost of living in the Colorado Springs Metro Area?

The estimated average cost of living in the Colorado Springs metro area is approximately $3,586 per month for a single person. This is a population-weighted average across the 2 counties that make up the metro area.

What is the average rent in the Colorado Springs Metro Area?

The average one-bedroom rent across the Colorado Springs metro area is $1,467 per month, based on HUD Fair Market Rent data weighted by county population.

What is the cheapest county in the Colorado Springs Metro Area?

Teller County, CO is the most affordable county in the Colorado Springs metro area at approximately $3,441 per month for a single person.

What is the most expensive county in the Colorado Springs Metro Area?

El Paso County, CO is the most expensive county in the Colorado Springs metro area at approximately $3,591 per month for a single person.

How many counties are in the Colorado Springs Metro Area?

The Colorado Springs metro area covers 2 counties. The five largest by population are Colorado Springs, Teller County.

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About this data

All figures come from official U.S. government sources. Metro-area averages are population-weighted across constituent counties using Census ACS population estimates.