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City Comparison · 2026

Colorado Springs vs Chicago

Salary, rent, taxes, and purchasing power compared

Purchasing Power

$100k in Colorado Springs = $121k in Chicago

Metric
Colorado Springs
Chicago
COL Index
1.14
1.38
1BR Monthly Rent
$1,400/mo
$2,000/mo
2BR Monthly Rent
$1,760/mo
$2,600/mo
State Income Tax
CO
IL
$100k Take-Home
$74,336
$73,786
$100k Effective Rate
25.66%
26.21%
$100k Savings Potential
$57,536
$49,786

After-Tax Income by Salary

Gross SalaryColorado Springs
CO
Chicago
IL
$60,000$47,608
$3,967/mo · 20.65% eff.
$47,278
$3,940/mo · 21.2% eff.
$100,000$74,336
$6,195/mo · 25.66% eff.
$73,786
$6,149/mo · 26.21% eff.
$150,000$106,678
$8,890/mo · 28.88% eff.
$105,853
$8,821/mo · 29.43% eff.

Frequently Asked Questions

Is Colorado Springs or Chicago cheaper to live in?

Colorado Springs has a cost-of-living index of 1.14 while Chicago is 1.38 (1.00 = US average). Colorado Springs is cheaper overall. 1BR rent in Colorado Springs is $1,400/month vs $2,000/month in Chicago.

How much more do you need to earn in Chicago vs Colorado Springs?

$100k in Colorado Springs = $121k in Chicago. Cost of living in Chicago is higher by 21.1%.

Which city has better after-tax income — Colorado Springs or Chicago?

On a $100,000 salary, you take home $74,336 in CO (Colorado Springs) and $73,786 in IL (Chicago). After accounting for rent, your annual savings potential is $57,536 in Colorado Springs vs $49,786 in Chicago.