Colorado

Living wage in Colorado Springs, Colorado

Most of Colorado Springs is in El Paso County, where a full-time job needs to pay at least $38.19 an hour before taxes to take home four times the typical studio rent.

Pay needed, before taxes$38.19/hrEl Paso County standard
At Colorado Springs's middle rent$35.52/hrstudio rent $1,130 a month
Check a job's pay hereAll the numbers for El Paso County

Across the 44 ZIP codes in Colorado Springs with HUD rent figures, studio rents run from $940 to $1,690 a month. At the middle rent, $1,130, a full-time job would need to pay $35.52 an hour before taxes.

ZIP codes in Colorado Springs

What the standard would be at each ZIP code's own studio rent. The calculator and the official standard use the county figure.

ZIPCountyStudio rentPay needed
80901El Paso County$1,130/mo$35.52/hr
80902El Paso County$1,430/mo$46.97/hr
80903El Paso County$1,070/mo$33.42/hr
80904El Paso County$990/mo$30.77/hr
80905El Paso County$1,000/mo$31.10/hr
80906El Paso County$1,170/mo$37.05/hr
80907El Paso County$940/mo$29.11/hr
80908El Paso County$1,180/mo$37.43/hr
80909El Paso County$990/mo$30.77/hr
80910El Paso County$1,040/mo$32.42/hr
80911El Paso County$1,160/mo$36.66/hr
80912El Paso County$1,130/mo$35.52/hr
80913El Paso County$1,320/mo$42.77/hr
80914El Paso County$1,310/mo$42.39/hr
80915El Paso County$1,030/mo$32.09/hr
80916El Paso County$1,090/mo$34.08/hr
80917El Paso County$1,020/mo$31.76/hr
80918El Paso County$1,200/mo$38.19/hr
80919El Paso County$1,250/mo$40.10/hr
80920El Paso County$1,370/mo$44.68/hr
80921El Paso County$1,480/mo$48.88/hr
80922El Paso County$1,370/mo$44.68/hr
80923El Paso County$1,360/mo$44.30/hr
80924El Paso County$1,480/mo$48.88/hr
80925El Paso County$1,590/mo$53.07/hr
80926El Paso County$1,070/mo$33.42/hr
80927El Paso County$1,690/mo$56.89/hr
80928El Paso County$1,140/mo$35.90/hr
80929El Paso County$1,470/mo$48.49/hr
80930El Paso County$1,430/mo$46.97/hr
80931El Paso County$1,130/mo$35.52/hr
80932El Paso County$1,130/mo$35.52/hr
80933El Paso County$1,130/mo$35.52/hr
80934El Paso County$1,130/mo$35.52/hr
80935El Paso County$1,130/mo$35.52/hr
80936El Paso County$1,130/mo$35.52/hr
80937El Paso County$1,130/mo$35.52/hr
80938El Paso County$1,530/mo$50.78/hr
80939El Paso County$1,460/mo$48.11/hr
80949El Paso County$1,130/mo$35.52/hr
80951El Paso County$1,480/mo$48.88/hr
80960El Paso County$1,130/mo$35.52/hr
80962El Paso County$1,130/mo$35.52/hr
80970El Paso County$1,130/mo$35.52/hr

Questions

How much do you need to make to live in Colorado Springs, Colorado?

Under the Four Times Rent standard, a full-time job in Colorado Springs needs to pay at least $38.19 an hour before taxes, about $79,437 a year. That is the figure for El Paso County, where the typical studio rent is $1,200 a month.

Does it vary by neighborhood?

Yes. Across the 44 ZIP codes in Colorado Springs with HUD rent figures, studio rents run from $940 to $1,690 a month. At the middle rent of $1,130, the pay needed would be $35.52 an hour.

How does that compare with the minimum wage?

The minimum wage in El Paso County is $15.16 an hour. The Four Times Rent standard there is 2.5 times that.

The Four Times Rent standard: a month of full-time work (160 hours) should take home at least four times the typical rent on a studio apartment in the county where the work is done. Rents: HUD FY2027 Fair Market Rents. Taxes: 2026 federal and state income taxes plus Social Security and Medicare, for a single filer. Why four times rent? · Method and data downloads