Moving from Chicago to Colorado Springs?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Chicago lifestyle in Colorado Springs, you'd need to earn:
$71,939/year
▼ $3,061 less than you make now
| Category | Chicago | Colorado Springs |
|---|---|---|
| Salary | $75,000 | $71,939 |
| Federal Income Tax | -$8,114 | -$7,441 |
| Social Security | -$4,650 | -$4,460 |
| Medicare | -$1,088 | -$1,043 |
| State Tax | -$3,713 | -$3,165 |
| Take-Home Pay | $57,436 | $55,830 |
Why the difference
- Cost of living is -2.8% in Colorado Springs
- Housing is +3.8% in Colorado Springs
- At the same $75,000 salary, you'd save $413/year in taxes in Colorado Springs
Estimated Moving Costs
Distance: ~928 miles
DIY Truck
$3,000
Container
$5,000
Full-Service
$7,000
Salary Equivalents: Chicago to Colorado Springs
| Your Chicago Salary | Colorado Springs Equivalent | Difference | Colorado Springs Take-Home |
|---|---|---|---|
| $40,000 | $38,502 | -$1,498 | $31,281 |
| $50,000 | $48,193 | -$1,807 | $38,641 |
| $60,000 | $57,823 | -$2,177 | $45,955 |
| $75,000 | $71,939 | -$3,061 | $55,830 |
| $100,000 | $96,044 | -$3,956 | $71,727 |
| $150,000 | $144,075 | -$5,925 | $102,889 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Chicago and Colorado Springs Compare
Housing (4% more expensive in Colorado Springs)
The average 1-bedroom apartment in Colorado Springs rents for $1,320/month compared to $1,975/month in Chicago. Median home prices: $475,000 in Colorado Springs vs $374,000 in Chicago.
Taxes
Illinois has a flat 5.0% state income tax. Colorado has a flat 4.4% state income tax. On a $75,000 salary, moving to Colorado Springs would save you about $413/year in taxes alone.
Overall Cost of Living
Colorado Springs's overall cost of living is 2.8% lower than Chicago, based on the BEA Regional Price Parity index (where 100 = national average).Chicago: 103.6, Colorado Springs: 100.7.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Chicago to Colorado Springs move. Average cost: $3,000–$7,000.
Compare Moving Quotes →Find Apartments in Colorado Springs
Average 1BR rent in Colorado Springs: $1,320/month. Browse available listings.
Search Apartments →High-Yield Savings
Park your moving fund in a 4.5%+ APY savings account while you plan your relocation.
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