1. Is it expensive to live in Colorado Springs?
  2. Actually, the cost of living here is 6% lower than the national average and 16% lower than close-by Denver.
  3. The average Colorado Springs utility bill is 26% lower than other parts of the country, and housing is about 2% lower.

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

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 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%

Hence, What is a good salary in Colorado Springs? As of Jul 28, 2022, the average annual pay for the Do Good jobs category in Colorado Springs is $70,126 a year. Just in case you need a simple salary calculator, that works out to be approximately $33.71 an hour. This is the equivalent of $1,349/week or $5,844/month.

Is it cheaper to live in Florida or Colorado?

Florida is 11.4% cheaper than Colorado.

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 Colorado Springs 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.

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.

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.

What’s the safest city in Colorado?

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

  • Milliken.
  • Severance.
  • Gypsum.
  • Dacono.
  • Eagle.
  • Cherry Hills Village.
  • Lamar.
  • Firestone.

What is the best month to visit Colorado Springs?

In our opinion, the best times of the year to visit Colorado Springs are March to May and September to October. The Spring and the Fall still see a decent number of visitors but won’t be as crowded as Summer.

Does it snow a lot in Colorado Springs?

Colorado Springs usually does not get large amounts of snow, and when snow does fall it is ordinarily gone within a day or two. The local trails are all generally clear of snow from mid-April through mid-November, but even in January there can be days in the upper 50’s.

Is Denver or Colorado Springs better to visit?

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 is Colorado Springs CO known for?

Colorado Springs is best known for Garden of the Gods, a massive National Natural Landmark with biodiversity as it sprawls from the grasslands up into the mountains. With a playground like this, locals rarely need to travel far to find exactly what they’re looking for.

Is Colorado Springs safe to visit?

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.

Is Colorado Springs better than Denver?

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.

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