CostIndexUSA

Colorado Springs, CO vs Corvallis, OR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableCO
Colorado Springs
100.7
overall index
$1,675/mo rent
OR
Corvallis
104
overall index
$1,950/mo rent

Colorado Springs is slightly cheaper than Corvallis — 3.3% lower overall cost of living.

To match an $80,000 salary in Colorado Springs, you would need $82,600 in Corvallis. Calculate your salary ↓

Category Breakdown

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

🏠 Housing1.5%
Colorado Springs
116.2
Corvallis
114.4
🛒 Groceries+9.6%
Colorado Springs
96.1
Corvallis
105.3
🚗 Transportation≈ Equal
Colorado Springs
104.8
Corvallis
105.3
🏥 Healthcare≈ Equal
Colorado Springs
94.8
Corvallis
95.3
Utilities+30.5%
Colorado Springs
83.2
Corvallis
108.6

Salary Equivalency Calculator

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

$
Equivalent salary in Corvallis, OR
$82,600
$2,600 more needed in Corvallis

Formula: salary × (104 ÷ 100.7) = salary × 1.0328. Based on BEA Regional Price Parities.

Housing Market

Colorado Springs, CO

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

Corvallis, OR

Median Home Price
$542,000
Median Monthly Rent
$1,950
Housing Index
114.4
Price-to-Rent Ratio
23.2×

Colorado Springs has 1.5% lower housing costs compared to Corvallis.

Income & Job Market

Colorado Springs, CO

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

Corvallis, OR

Median Household Income
$73,000
Per Capita Income
$41,600
Unemployment Rate
5.5%
Population
58,641
Top Industries
EducationTechnologyHealthcareAgricultureManufacturing

Affordability at a Glance

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

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

78% of income left after rent (median)

Corvallis, OR
3.1×income-to-rent ratio

68% 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.