CostIndexUSA

Colorado Springs, CO vs Philadelphia, PA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableCO
Colorado Springs
100.7
overall index
$1,675/mo rent
PA
Philadelphia
102.6
overall index
$1,850/mo rent

Colorado Springs is slightly cheaper than Philadelphia — 1.9% lower overall cost of living.

To match an $80,000 salary in Colorado Springs, you would need $81,500 in Philadelphia. Calculate your salary ↓

Category Breakdown

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

🏠 Housing2.7%
Colorado Springs
116.2
Philadelphia
113.1
🛒 Groceries+0.7%
Colorado Springs
96.1
Philadelphia
96.8
🚗 Transportation+3.2%
Colorado Springs
104.8
Philadelphia
108.2
🏥 Healthcare+3.3%
Colorado Springs
94.8
Philadelphia
97.9
Utilities+37.5%
Colorado Springs
83.2
Philadelphia
114.4

Salary Equivalency Calculator

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

$
Equivalent salary in Philadelphia, PA
$81,500
$1,500 more needed in Philadelphia

Formula: salary × (102.6 ÷ 100.7) = salary × 1.0189. 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×

Philadelphia, PA

Median Home Price
$374,000
Median Monthly Rent
$1,850
Housing Index
113.1
Price-to-Rent Ratio
16.8×

Colorado Springs has 2.7% lower housing costs compared to Philadelphia.

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

Philadelphia, PA

Median Household Income
$86,900
Per Capita Income
$49,500
Unemployment Rate
4.5%
Population
1,603,797
Top Industries
HealthcareEducationFinanceTourismManufacturing

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)

Philadelphia, PA
3.9×income-to-rent ratio

74% 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.