Quality of Life in Colorado Springs, CO

Income Overview

• Annual Income: $157,920
• National Median Household Income (2021): Approximately $70,784
• Colorado Springs Median Household Income: Approximately $68,800

With this income, an individual earns well above both the national and local median household incomes, offering a comfortable lifestyle in Colorado Springs.

Cost of Living

• Overall Cost of Living Index: Colorado Springs is slightly above the national average.
• Utilities & Groceries: Generally aligned with the national average, though utilities may be slightly higher due to seasonal climate shifts.
• Transportation: Comparable to other mid-sized US cities; public transportation is available but limited.
• Recreation & Entertainment: Diverse options available with costs variable based on personal lifestyle choices.

Overall, the cost of living in Colorado Springs is reasonable, allowing for discretionary spending and savings.

Housing Market

• Median Home Price: Approximately $450,000
• Comparison to National Median: Higher than the national median home price of approximately $416,100 (as of 2023).
• Rental Market: Average rent for a two-bedroom apartment is around $1,500 to $1,800 per month.

While home prices in Colorado Springs exceed the national median, the income in this scenario supports both purchasing and renting options comfortably.

Quality of Life

• Natural Beauty: Proximity to the Rocky Mountains offers ample outdoor activities and scenic beauty.
• Climate: Four distinct seasons with mild to moderate temperatures; occasional heavy snowfall.
• Safety: Crime rates in Colorado Springs are close to national averages, with some areas safer than others.

Residents enjoy a balanced lifestyle with access to outdoor activities and a welcoming community atmosphere.

Access to Healthcare

• Number of Hospitals and Clinics: Several healthcare facilities, including major hospitals like UCHealth Memorial Hospital and Penrose-St. Francis Health Services.
• Healthcare Quality: Generally high, with a focus on accessible and comprehensive care.

Robust healthcare infrastructure provides quality medical services to residents.

Quality of K-12 Schools

• Public Education: Several well-regarded public school districts, including Academy School District 20 and Cheyenne Mountain School District 12.
• Private Education: Multiple private school options catering to diverse educational needs.
• Performance Metrics: Public schools often perform at or above state average in standardized testing.