1. 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.”
  2. And with its picturesque landscape and chance for a rare bear sighting, it’s hard not to fall in love with Colorado Springs.

Besides, How much do you need to live comfortably in Colorado Springs? Typical Expenses

1 ADULT 2 ADULTS (1 WORKING)
0 Children 0 Children
Required annual income after taxes $28,668 $45,987
Annual taxes $6,507 $10,439
Required annual income before taxes $35,175 $56,425

Why you should not move to Colorado Springs?

What are the pros and cons of 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.

Hence, 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 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 it cheaper to live in Florida or Colorado?

Florida is 11.4% cheaper than Colorado.

How much money do you need to live comfortably in Colorado Springs?

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

Is Colorado Springs a poor city?

The poverty rate in Colorado Springs is 12.8%. One out of every 7.8 residents of Colorado Springs lives in poverty. How many people in Colorado Springs, Colorado live in poverty? 56,533 of 442,185 Colorado Springs residents reported income levels below the poverty line in the last year.

How much do I need to make 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.

Is Colorado Springs an affordable place to live?

COLORADO SPRINGS, Colo. (KKTV) – A new report lists Colorado Springs as the number 10 least affordable metro area in the United States. OJO, a real estate platform, uses an “unaffordability score” to create the list. The score is a ratio that is derived from monthly median housing prices and median household income.

Is it expensive to live 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 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 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 is a good salary in Colorado Springs?

The average salary in Colorado Springs is $47,359. A good hourly wage in Colorado Springs is $19.71 per hour. That works out to a good weekly wage of $788 per week and a good monthly wage of $3,416 per month. However, using the median income is only one way to calculate a good salary in Colorado Springs.

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.

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