The Cost of Living in Colorado Springs CO
Thinking about moving to Colorado Springs in 2025? Or maybe you’re just trying to get a handle on your monthly budget. Either way, knowing the cost of living is a big deal.
Whether you're military, relocating for work, buying your first home, or just curious if Colorado Springs is more affordable than Denver (spoiler alert: it usually is!), this post is for you.
In this post, we’ll break down the real costs of living in Colorado Springs in 2025. From housing to groceries to utilities. You’ll learn what to expect, where your money goes, and how to plan for your move or adjust your budget if you're already here.
1. Housing Costs in 2025
Housing is usually the biggest line item in any budget. In Colorado Springs, the median home price in 2025 is hovering around $470,000. That’s a bump from recent years but still less than Denver or other Front Range cities.
Renters: Expect to pay around $1,600–$2,100/month for a two-bedroom apartment, depending on the neighborhood.
Homebuyers: Mortgage rates in early 2025 are floating around 6.5%, so monthly payments are higher than they were a few years ago. Make sure you budget for taxes and insurance, too.
Tip: Areas like Fountain, Widefield, and Peyton offer more square footage for the money, while west-side neighborhoods like Old Colorado City and Broadmoor tend to be pricier.
2. Groceries and Food
Food prices are up everywhere, and Colorado Springs is no exception.
A typical grocery bill for a family of four can run $800–$1,200/month, depending on your eating habits.
Eating out? A fast-casual meal is around $12–$15 per person, while a sit-down dinner with drinks might hit $25–$40 per person.
Pro tip: Shopping at King Soopers with a loyalty card or hitting up Costco can save you a chunk each month.
3. Utilities and Internet
You’ll get all four seasons in Colorado Springs, which means both heating and cooling matter.
Electric and gas: Around $200–$300/month, more in winter if you’ve got a bigger home.
Water/sewer/trash: Expect about $80–$120/month.
Internet: Fast, reliable service will cost about $65–$100/month.
Good to know: Many newer communities have energy-efficient homes, so that could save you money in the long run.
4. Transportation
Colorado Springs is pretty spread out. While there’s a city bus system, most people drive.
Gas: Prices in 2025 are averaging $3.80/gallon.
Car insurance: Around $1,500/year depending on your driving record and vehicle.
If you commute to Denver or even Fort Carson, plan for gas and time.
Military tip: Be sure to ask your base about transportation stipends if you're active duty.
5. Healthcare
Healthcare costs depend on your insurance, but here’s the average out-of-pocket:
Doctor visit: $120–$160 if you're paying cash.
Urgent care: Around $180–$250.
A decent health insurance plan? About $400–$700/month if you're self-employed.
Military families, retirees, and federal employees often have better coverage through Tricare or FEHB plans, which help cut down on those costs.
6. Entertainment & Extras
Let’s not forget the fun stuff!
Gym membership: $30–$180/month
Movie ticket: Around $13
Outdoor fun? Free! Garden of the Gods, Pikes Peak, and miles of hiking trails don’t cost a thing.
Tips and Reminders for Navigating Cost of Living
Look at your whole budget—not just rent or mortgage.
Military and federal workers often get COLA (cost of living adjustments). Use those benefits!
Don’t forget seasonal expenses, like snow tires or higher heating bills in winter.
Ask locals or your real estate agent about neighborhood pricing—it can vary a lot.
Keep an emergency fund for those unexpected surprises (like hailstorms and furnace repairs).
Colorado Springs offers a pretty balanced lifestyle when it comes to cost of living. Yes, prices are rising like everywhere else, but you still get more space, better views, and a slower pace of life for less than many big cities. If you’re thinking about moving here—or just trying to plan your year financially—use these numbers as your guide.
Need Help?
Ready to make Colorado Springs home?
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