CostIndexUSA

Charlottesville, VA vs Colorado Springs, CO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableVA
Charlottesville
99.1
overall index
$1,950/mo rent
CO
Colorado Springs
100.7
overall index
$1,675/mo rent

Charlottesville is slightly cheaper than Colorado Springs — 1.6% lower overall cost of living.

To match an $80,000 salary in Charlottesville, you would need $81,300 in Colorado Springs. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+8.6%
Charlottesville
107
Colorado Springs
116.2
🛒 Groceries0.7%
Charlottesville
96.8
Colorado Springs
96.1
🚗 Transportation+1.3%
Charlottesville
103.5
Colorado Springs
104.8
🏥 Healthcare+1.2%
Charlottesville
93.7
Colorado Springs
94.8
Utilities6.5%
Charlottesville
89
Colorado Springs
83.2

Salary Equivalency Calculator

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

$
Equivalent salary in Colorado Springs, CO
$81,300
$1,300 more needed in Colorado Springs

Formula: salary × (100.7 ÷ 99.1) = salary × 1.0161. Based on BEA Regional Price Parities.

Housing Market

Charlottesville, VA

Median Home Price
$455,000
Median Monthly Rent
$1,950
Housing Index
107
Price-to-Rent Ratio
19.4×

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 8.6% higher housing costs compared to Charlottesville.

Income & Job Market

Charlottesville, VA

Median Household Income
$92,300
Per Capita Income
$52,600
Unemployment Rate
2.3%
Population
46,553
Top Industries
EducationHealthcareTechnologyGovernmentTourism

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).

Charlottesville, VA
3.9×income-to-rent ratio

75% 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.