CostIndexUSA

Buffalo, NY vs Colorado Springs, CO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNY
Buffalo
95.8
overall index
$1,375/mo rent
CO
Colorado Springs
100.7
overall index
$1,675/mo rent

Buffalo is moderately cheaper than Colorado Springs — 5.1% lower overall cost of living.

To match an $80,000 salary in Buffalo, you would need $84,100 in Colorado Springs. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+43.5%
Buffalo
81
Colorado Springs
116.2
🛒 Groceries3.6%
Buffalo
99.7
Colorado Springs
96.1
🚗 Transportation+2.1%
Buffalo
102.6
Colorado Springs
104.8
🏥 Healthcare+2.0%
Buffalo
92.9
Colorado Springs
94.8
Utilities35.8%
Buffalo
129.5
Colorado Springs
83.2

Salary Equivalency Calculator

Enter your current salary in Buffalo to see what you'd need to earn in Colorado Springs to maintain the same purchasing power.

$
Equivalent salary in Colorado Springs, CO
$84,100
$4,100 more needed in Colorado Springs

Formula: salary × (100.7 ÷ 95.8) = salary × 1.0511. Based on BEA Regional Price Parities.

Housing Market

Buffalo, NY

Median Home Price
$269,000
Median Monthly Rent
$1,375
Housing Index
81
Price-to-Rent Ratio
16.3×

Colorado Springs, CO

Median Home Price
$448,000
Median Monthly Rent
$1,675
Housing Index
116.2
Price-to-Rent Ratio
22.3×

Colorado Springs has 43.5% higher housing costs compared to Buffalo.

Income & Job Market

Buffalo, NY

Median Household Income
$69,900
Per Capita Income
$39,800
Unemployment Rate
3.6%
Population
261,025
Top Industries
HealthcareEducationManufacturingFinanceGovernment

Colorado Springs, CO

Median Household Income
$89,800
Per Capita Income
$51,200
Unemployment Rate
4.2%
Population
478,961
Top Industries
MilitaryAerospaceTechnologyHealthcareTourism

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Buffalo, NY
4.2×income-to-rent ratio

76% of income left after rent (median)

Colorado Springs, CO
4.5×income-to-rent ratio

78% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.