CostIndexUSA

Colorado Springs, CO vs Jackson, MS Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Colorado Springs
100.7
overall index
$1,675/mo rent
More AffordableMS
Jackson
89
overall index
$1,500/mo rent

Jackson is moderately cheaper than Colorado Springs — 11.6% lower overall cost of living.

To match an $80,000 salary in Colorado Springs, you would need $70,700 in Jackson. Calculate your salary ↓

Category Breakdown

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

🏠 Housing44.2%
Colorado Springs
116.2
Jackson
64.8
🛒 Groceries≈ Equal
Colorado Springs
96.1
Jackson
96.2
🚗 Transportation3.7%
Colorado Springs
104.8
Jackson
100.9
🏥 Healthcare3.7%
Colorado Springs
94.8
Jackson
91.3
Utilities6.1%
Colorado Springs
83.2
Jackson
78.1

Salary Equivalency Calculator

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

$
Equivalent salary in Jackson, MS
$70,700
$9,300 less needed in Jackson

Formula: salary × (89 ÷ 100.7) = salary × 0.8838. 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×

Jackson, MS

Median Home Price
$205,000
Median Monthly Rent
$1,500
Housing Index
64.8
Price-to-Rent Ratio
11.4×

Colorado Springs has 44.2% lower housing costs compared to Jackson.

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

Jackson, MS

Median Household Income
$58,600
Per Capita Income
$33,400
Unemployment Rate
5.1%
Population
153,701
Top Industries
GovernmentHealthcareRetailManufacturingEducation

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)

Jackson, MS
3.3×income-to-rent ratio

69% 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.