Typical Expenses

1 ADULT 2 ADULTS (1 WORKING)
0 Children 3 Children
Required annual income after taxes $28,668 $72,000
Annual taxes $6,507 $16,344
Required annual income before taxes $35,175 $88,344

Moreover, What is the racial makeup of Colorado Springs? Colorado Springs Demographics White: 77.26% Two or more races: 7.94% Black or African American: 6.28% Other race: 4.58%

Is it cheaper to live in Denver or Colorado Springs?

When it comes down to the cost of living, it costs on average 15.3% less to live in Colorado Springs vs. Denver. For new home buyers, Colorado Springs may be a great option, as the median cost of a home in the Springs is 23.1% less then in Denver.

Likewise, What is the coldest month in Colorado Springs? The cold season lasts for 3.5 months, from November 20 to March 4, with an average daily high temperature below 51°F. The coldest month of the year in Colorado Springs is December, with an average low of 21°F and high of 44°F.

Is it cheaper to live in Colorado or Arizona? The cost of living in Denver, Colorado is 29.7% more expensive than the cost of living in Phoenix, Arizona. You would need a comparable salary of $38,907 in Denver, Colorado to maintain the same standard of living you have in Phoenix, Arizona.

What’s the safest city in Colorado?

According to the study, the top 10 safest cities include:

  • Brush.
  • Frederick.
  • Milliken.
  • Severance.
  • Gypsum.
  • Dacono.
  • Eagle.
  • Cherry Hills Village.

How much snow does Colorado Springs get?

Colorado Springs averages 57 inches of snow per year. The US average is 28 inches of snow per year.

What is the hottest month in Colorado Springs?

July is normally the hottest month, and December/January are the coolest. In the graph below, the dark green line represents Colorado Springs and the red line represents Pueblo, on a typical year. Light green shows the observed monthly average high in Colorado Springs for 2019.

What city in Colorado has the lowest cost of living?

Federal Heights is the most affordable city on the list and may be the cheapest city to live in Colorado.

Does it snow more in Denver or Colorado Springs?

Colorado Springs averages less snow than Denver (40.7 inches versus 53.8). You’ll find more snow in the foothills For example, Evergreen which is close to Denver averages 83.6 inches.

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 best small town to live in Colorado?

13 Best Small Towns in Colorado (By a CO Local)

  • Crested Butte.
  • Creede.
  • Silverton.
  • Estes Park.
  • Breckenridge.
  • Pagosa Springs.
  • Lake City.
  • Paonia.

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.

Which is better Fort Collins or Colorado Springs?

CO Springs is popular for mountain sports like biking, downhill skiing, easy access to camping,and more services. Fort Collins is suited for people who enjoy cross country skiiing, snowboarding, biking, equestrian trails, fishing, hunting, nature hiking, and kayaking on the Cache la Poudre River.

What is the average household income in Colorado Springs?

Table

Population
Mean travel time to work (minutes), workers age 16 years+, 2016-2020 23.3
Income & Poverty
Median household income (in 2020 dollars), 2016-2020 $67,719
Per capita income in past 12 months (in 2020 dollars), 2016-2020 $35,506

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

What salary do you need to live comfortably in Colorado Springs?

Most financial advisors recommend spending no more than 30 percent of your annual income on rent. This means you would need to earn around $40,960 per year to comfortably afford a one-bedroom apartment in Colorado Springs.

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’s the cheapest city to live in 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.

What is the most affordable mountain town in Colorado?

Canon City With a population of about 16,750 you may be surprised that Cañon City, Colorado made it on our list of the most affordable places to live. But this small town is nestled right at the base of the Rocky Mountains and offers a wide variety of things to do.

What town in Colorado has the lowest cost of living?

Topping the list of the most affordable city in Colorado is Federal Heights, a suburb of Denver. Residents enjoy restaurants, coffee shops, and parks and take advantage of family-friendly activities.

What is the best small town in Colorado to live?

16 Best Small Towns to Live in Colorado as Ranked By a Local

  1. Breckenridge. Breckenridge has a population of just over 5,050 residents and is one of the best mountain towns in Colorado to live in. …
  2. Manitou Springs. …
  3. Estes Park. …
  4. Trinidad. …
  5. Woodland Park. …
  6. Buena Vista. …
  7. Crested Butte. …
  8. Steamboat Springs.

What is the prettiest place to live in Colorado?

The Most Beautiful Towns in Colorado, USA

  • Breckenridge. Natural Feature. …
  • Creede. Architectural Landmark, Historical Landmark. …
  • Crested Butte. Historical Landmark. …
  • Cripple Creek. Architectural Landmark, Historical Landmark. …
  • Estes Park. Park. …
  • Georgetown. Architectural Landmark, Historical Landmark. …
  • Manitou Springs. …
  • Ouray.

What is the best small town in Colorado?

13 Best Small Towns in Colorado (By a CO Local)

  • Pagosa Springs.
  • Lake City.
  • Paonia.
  • Steamboat Springs.
  • Salida.
  • Trinidad.
  • Ouray.
  • Manitou Springs.

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