CostIndexUSA

Colorado Springs, CO vs Madison, WI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Colorado Springs
100.7
overall index
$1,675/mo rent
More AffordableWI
Madison
97.3
overall index
$1,625/mo rent

Madison is slightly cheaper than Colorado Springs — 3.4% lower overall cost of living.

To match an $80,000 salary in Colorado Springs, you would need $77,300 in Madison. Calculate your salary ↓

Category Breakdown

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

🏠 Housing14.2%
Colorado Springs
116.2
Madison
99.7
🛒 Groceries2.4%
Colorado Springs
96.1
Madison
93.8
🚗 Transportation≈ Equal
Colorado Springs
104.8
Madison
104.4
🏥 Healthcare≈ Equal
Colorado Springs
94.8
Madison
94.4
Utilities+7.9%
Colorado Springs
83.2
Madison
89.8

Salary Equivalency Calculator

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

$
Equivalent salary in Madison, WI
$77,300
$2,700 less needed in Madison

Formula: salary × (97.3 ÷ 100.7) = salary × 0.9662. 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×

Madison, WI

Median Home Price
$429,000
Median Monthly Rent
$1,625
Housing Index
99.7
Price-to-Rent Ratio
22.0×

Colorado Springs has 14.2% lower housing costs compared to Madison.

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

Madison, WI

Median Household Income
$82,100
Per Capita Income
$46,800
Unemployment Rate
2.2%
Population
269,186
Top Industries
EducationHealthcareGovernmentTechnologyFinance

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)

Madison, WI
4.2×income-to-rent ratio

76% 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.