CostIndexUSA

Greeley, CO vs Springfield, IL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Greeley
100.2
overall index
$1,700/mo rent
More AffordableIL
Springfield
92.7
overall index
$1,150/mo rent

Springfield is moderately cheaper than Greeley — 7.5% lower overall cost of living.

To match an $80,000 salary in Greeley, you would need $74,000 in Springfield. Calculate your salary ↓

Category Breakdown

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

🏠 Housing36.4%
Greeley
112.6
Springfield
71.6
🛒 Groceries2.6%
Greeley
96.1
Springfield
93.6
🚗 Transportation≈ Equal
Greeley
104.8
Springfield
104.6
🏥 Healthcare≈ Equal
Greeley
94.8
Springfield
94.6
Utilities+10.2%
Greeley
82
Springfield
90.4

Salary Equivalency Calculator

Enter your current salary in Greeley to see what you'd need to earn in Springfield to maintain the same purchasing power.

$
Equivalent salary in Springfield, IL
$74,000
$6,000 less needed in Springfield

Formula: salary × (92.7 ÷ 100.2) = salary × 0.9251. Based on BEA Regional Price Parities.

Housing Market

Greeley, CO

Median Home Price
$489,000
Median Monthly Rent
$1,700
Housing Index
112.6
Price-to-Rent Ratio
24.0×

Springfield, IL

Median Home Price
$188,000
Median Monthly Rent
$1,150
Housing Index
71.6
Price-to-Rent Ratio
13.6×

Greeley has 36.4% lower housing costs compared to Springfield.

Income & Job Market

Greeley, CO

Median Household Income
$91,000
Per Capita Income
$51,900
Unemployment Rate
4%
Population
108,795
Top Industries
AgricultureHealthcareEducationManufacturingEnergy

Springfield, IL

Median Household Income
$72,200
Per Capita Income
$41,200
Unemployment Rate
4.4%
Population
114,230
Top Industries
GovernmentHealthcareEducationFinanceRetail

Affordability at a Glance

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

Greeley, CO
4.5×income-to-rent ratio

78% of income left after rent (median)

Springfield, IL
5.2×income-to-rent ratio

81% 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.