The cost of living in Colorado Springs Is it expensive to live in Colorado Springs? Actually, the cost of living here is 6% lower than the national average and 16% lower than close-by Denver. The average Colorado Springs utility bill is 26% lower than other parts of the country, and housing is about 2% lower.
What is a livable salary in Colorado Springs?
Living Wage Calculation for El Paso County, Colorado
| 1 ADULT | ||
|---|---|---|
| 0 Children | 1 Child | |
| Living Wage | $17.38 | $34.98 |
| Poverty Wage | $6.19 | $8.38 |
| Minimum Wage | $12.56 | $12.56 |
Is food expensive in Colorado Springs?
Colorado Springs Food Costs
The average Colorado Springs resident can expect to spend about $348 a month on food. This is slightly higher than the national average of $323. A single resident can expect to spend about 13% of their monthly income on food.
Is Colorado Springs less expensive than Denver?
Highlights. Colorado Springs is 18.8% less expensive than Denver. Colorado Springs housing costs are 32.4% less expensive than Denver housing costs. Health related expenses are 2.8% more in Colorado Springs.
Why is Colorado Springs so expensive?
Colorado Springs is a minimally walkable city with a population of approximately 415,281 people. There is a high demand but low inventory in the Colorado Springs real estate market. Housing prices in Colorado Springs are still increasing because of this effect of supply and demand.
What is minimum wage in Colorado Springs?
Federal minimum wage is currently $7.25 per hour, which is lower than the 2022 Colorado state minimum wage of $12.56. Therefore, based upon current information, covered employers in Colorado will have to pay their employees the higher value of $12.56 per hour under Colorado law beginning January 1, 2022.
Is moving to Colorado worth it?
Colorado has attracted many new residents who are drawn to the high quality of life in the state. The combination of job opportunities, beautiful weather, scenic views and a culture of wellness has proved irresistible to the Americans who have flocked to the state.
What is a livable salary in Colorado?
Living Wage Calculation for Denver County, Colorado
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $20.31 | $41.55 |
| Poverty Wage | $6.19 | $12.74 |
| Minimum Wage | $12.56 | $12.56 |
What is the cheapest city to live in Colorado?
The Cheapest Places to Live in Colorado
- Fruita.
- Trinidad.
- Colorado Springs.
- Brush!
- Fort Lupton.
- Federal Heights.
- Cañon City.
- Sterling. Sterling is a small city in northeastern Colorado with nearly 15,000 residents.
How much is a gallon of milk in Colorado Springs?
Cost of Living in Colorado Springs
| Restaurants | Edit |
|---|---|
| Coke/Pepsi (12 oz small bottle) | 2.38$ |
| Water (12 oz small bottle) | 2.12$ |
| Markets | Edit |
| Milk (regular), (1 gallon) | 3.27$ |
Which is nicer Denver or Colorado Springs?
U.S. News and World Report ranked Colorado Springs as the second-best place to live in 2018, and the most desirable city in the country. Meanwhile, Denver was ranked as the third-best place to live and barely squeaked into the top ten for desirability.
What are the pros and cons of living in Colorado Springs?
Living in Colorado Springs Pros and Cons
- Pro: You’ll Have Plenty of Areas to Work Out and Get Fit. Fitness is a culture in Colorado Springs.
- Pro: Affordable Living.
- Pro: The City is Growing, But Doesn’t Feel Like a Big City.
- Pro: The Economy of Colorado Springs is Healthy.
- Con: The City is Having Growing Pains.
What are the winters like in Colorado Springs?
The temperature tends to fluctuate between 28 and 61 degrees fahrenheit, with very little snow till Spring. The beautiful thing about winter weather in Colorado Springs is the lack of humidity.
Is Colorado Springs a safe city?
OVERALL RISK : LOW
Colorado Springs is a safe and touristic city. Due to the abundance of natural places for travel, the city attracts many tourists. While maintaining safety for travelers. However, the use of common sense here also does not hurt.
Is Colorado Spring a good place to live?
U.S. News & World Report places Colorado Springs as No. 6 on its “Best Places to Live” list and No. 86 in terms of the “Best Places to Retire.” And with its picturesque landscape and chance for a rare bear sighting, it’s hard not to fall in love with Colorado Springs.
Is it safe to live in Colorado Springs?
With a crime rate of 40 per one thousand residents, Colorado Springs has one of the highest crime rates in America compared to all communities of all sizes – from the smallest towns to the very largest cities. One’s chance of becoming a victim of either violent or property crime here is one in 25.
What does Walmart pay in Colorado?
How much does Walmart in Colorado pay? Average Walmart hourly pay ranges from approximately $9.81 per hour for Customer Service Supervisor to $32.19 per hour for Family Nurse Practitioner. The average Walmart salary ranges from approximately $18,000 per year for Grocery Associate to $105,770 per year for Pharmacist.
What states have a $15 an hour minimum wage?
Where are $15 minimum wages? Besides California and New York, nine states are headed to a $15 pay base over the next four years – Connecticut, Delaware, Florida, Illinois, Maryland, Massachusetts, New Jersey, Rhode Island and Virginia.
Which state has the highest minimum wage?
Washington D.C.
Washington D.C. currently has the highest minimum wage in the United States at $15.00, followed by California with $14.00. Alabama, Louisiana, Mississippi, South Carolina, and Tennessee have not adopted a state minimum wage and, therefore, adopted the $7.25 federal minimum wage.
What is minimum wage in Colorado?
$12.56 per hour
Colorado’s hourly minimum wage will increase from $12.32 per hour to $12.56 per hour on Jan. 1, 2022, the result of voter approval of Amendment 70 in 2016. At that time, the state’s minimum wage was $8.31 per hour.
Why you should not live in Colorado?
Most of Colorado’s population essentially lives in a desert climate. Your skin and lips will crack. Wildfire risk is massive. Water-use restrictions are becoming more common.