Monthly estimate = 1BR rent + electricity + gas
A one-person monthly baseline (1BR rent plus typical utilities) runs $1,480 in Colorado Springs, CO versus $890 in Laramie, WY. Overall, Laramie, WY is roughly 40% cheaper to live in day-to-day than Colorado Springs, CO, driven mainly by rent.
Median household income is $83,198 in Colorado Springs, CO and $52,414 in Laramie, WY — about 37% higher in Colorado Springs, CO. Colorado has a top state income tax rate of 4.40% and a 2.9% state sales tax; Wyoming has no state income tax and a 4% state sales tax.
Rent
Buying a Home
Income
People & Lifestyle
Crime (per 100k/yr)
FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.
Climate
Gas
Area: Colorado vs Rocky Mountain (PADD 4).
Public Transit
Adult base one-way fare — Mountain Metro vs — (2026).
Utilities
Residential, state-level averages (EIA). MCF = 1,000 cubic feet.
Groceries
Average prices — West vs West (BLS). Regional where available, otherwise U.S. average.
State Taxes
Colorado Springs vs Laramie — FAQ
- Is it cheaper to live in Colorado Springs or Laramie?
- Laramie, WY is cheaper. Its monthly baseline of $890 (1BR rent + utilities) runs about 40% below Colorado Springs, CO's $1,480, mainly because of rent.
- How much more do you need to earn to live in Colorado Springs than in Laramie?
- To keep rent near the recommended 30% of gross income, you'd want to earn roughly $52,000 a year in Colorado Springs versus $29,000 in Laramie.
- Which has lower taxes, Colorado Springs or Laramie?
- Colorado Springs is taxed under Colorado's rules (a top state income tax rate of 4.40% and a 2.9% state sales tax); Laramie under Wyoming's (no state income tax and a 4% state sales tax).
Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).