Salt Lake City-Murray vs Colorado Springs

Cost of living comparison based on BEA Regional Price Parities. Colorado Springs is 0.2% less expensive than Salt Lake City-Murray.

0.2% less expensive

Colorado Springs, CO is 0.2% less expensive than Salt Lake City-Murray, UT on BEA Regional Price Parities (overall RPP 100.7 vs 100.9). A $100,000 salary in Salt Lake City-Murray buys about the same as $99,840 in Colorado Springs; the largest component gap is rents.

  • Overall RPP 100.9 (Salt Lake City-Murray) vs 100.7 (Colorado Springs)
  • $100k in Salt Lake City-Murray ≈ $99,840 purchasing power in Colorado Springs
  • Rents drives the gap (-7.1 RPP points)

RPP parity plate

Pair UT:CO 100.9→100.7

PHOTO-FINISH · CROSS-STATE · SPLIT-BUDGET · BOTH-ABOVE · PP-PAR

  • PHOTO-FINISH Photo finish
  • CROSS-STATE UT × CO
  • SPLIT-BUDGET Split budget
  • BOTH-ABOVE Both above 100
  • PP-PAR PP near-par

Instrument codes from this pair's BEA Regional Price Parities (overall · goods · services · rents · national benchmark 100 · purchasing-power conversion), not a ranking or recommendation.

Salt Lake City-Murray
100.9
Cost Index
Colorado Springs
100.7
Cost Index

What This Comparison Actually Tells You

Salt Lake City-Murray, UT and Colorado Springs, CO are a photo finish on overall price level, only 0.2 RPP points apart. A salary conversion is therefore a fine adjustment, not evidence of a fundamentally different cost regime.

Rents creates the largest separation: Colorado Springs is 7.1 points lower. But services move against the overall direction, so this is a split budget rather than a clean across-the-board winner.

Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.

Both metros exceed the U.S. benchmark of 100. The choice is between two national premiums, so local wages need to clear the higher baseline in either market.

For a housing-sensitive move, validate the rent gap first: HUD Fair Market Rent and the actual unit size can overturn what the blended index implies. On the BEA ratio alone, $100,000 in Salt Lake City-Murray corresponds to $99,840 in Colorado Springs.

Category Breakdown

Visual Comparison

Overall
Salt Lake City-Murray
100.9
Colorado Springs
100.7
Goods
Salt Lake City-Murray
96.4
Colorado Springs
96.1
Services
Salt Lake City-Murray
79.0
Colorado Springs
83.2
Rents
Salt Lake City-Murray
123.3
Colorado Springs
116.2

Vertical line = national average (100)

Salary Equivalents

What a salary in Salt Lake City-Murray would need to be in Colorado Springs for the same purchasing power:

In Salt Lake City-Murray In Colorado Springs Difference
$50,000 $49,920 $-80
$75,000 $74,880 $-120
$100,000 $99,840 $-160
$150,000 $149,761 $-239
$ in Salt Lake City-Murray = in Colorado Springs

Same BEA Regional Price Parity ratio as the table above (100.9 → 100.7), computed live from your number, nothing is sent anywhere.

Frequently Asked Questions

Is Colorado Springs more expensive than Salt Lake City-Murray?

Colorado Springs is 0.2% less expensive than Salt Lake City-Murray. The overall cost index is 100.7 vs 100.9 (national average = 100).

What salary in Colorado Springs equals $100K in Salt Lake City-Murray?

A $100,000 salary in Salt Lake City-Murray has the same purchasing power as $99,840 in Colorado Springs. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Salt Lake City-Murray and Colorado Springs?

Rents in Salt Lake City-Murray are indexed at 123.3 while Colorado Springs is at 116.2 (national average = 100). Salt Lake City-Murray has higher rents.

Data sourced from official public datasets, Regional Price Parities (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.