Manitou Springs, CO Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Manitou Springs, CO Summary

Cost of living in Manitou Springs research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Manitou Springs is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Colorado, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Manitou Springs is 115, with 100 being the average.

  • The cost of living index in Manitou Springs is 1.1x higher than the national average.

  • Manitou Springs ranks as the #64 cheapest in Colorado out of 111.

  • Manitou Springs ranks as the #4,492 cheapest out of 6,412 in the US.

  • The median home value in Manitou Springs is $449,200.

  • The median income in Manitou Springs is $65,703.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
115
Manitou Springs's Overall Cost Of Living
1.1x
Higher Than The National Average

What is the cost of living in Manitou Springs, CO?

According to the most recent data on the cost of living, Manitou Springs has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.

Compared to Colorado, Manitou Springs has a cost of living index that's 1.1x higher than Colorado's index of 104.

The standard of living in Manitou Springs ranks as #64 most affordable out of the 111 places we measured in Colorado. By definition, that implies Manitou Springs ranks as the #47 most expensive place in the Centennial State.

For more reading on life in Manitou Springs, check out:

64 out of 111
In Colorado
4,492 out of 6,412
In America

Manitou Springs Cost Of Living Vs. Colorado

Six factors go into calculating the cost of living index in Manitou Springs. Here is how it fairs on each of the criteria:

  • The Services index in Manitou Springs is 101.

  • The Groceries index in Manitou Springs is 97.

  • The Health index in Manitou Springs is 107.

  • The Housing index in Manitou Springs is 137.

  • The Transportation index in Manitou Springs is 110.

  • The Utilities index in Manitou Springs is 98.

Living Expense Manitou Springs Colorado National Average
Overall 115 104 100
Services 101 102 100
Groceries 97 99 100
Health 107 100 100
Housing 137 116 100
Transportation 110 104 100
Utilities 98 90 100
For more reading on cost of living around Colorado, check out:
Manitou Springs Cost of Living Vs. CO

Manitou Springs, CO Housing Cost Breakdown

Housing swings affordability the most between places in Colorado, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Manitou Springs is $449,200.

  • The Median Rent in Manitou Springs is $991.

  • The Median Income in Manitou Springs is $65,703.

  • The Home Value To Income in Manitou Springs is 6.8x.

  • The Rent To Monthly Income in Manitou Springs is 0.18x.

Statistic Manitou Springs Colorado United States
Median Home Value $449,200 $397,500 $244,900
Median Rent $991 $1,437 $1,163
Median Income $65,703 $80,184 $69,021
Home Value To Income 6.8x 5.0x 3.5x
Rent To Monthly Income 0.18x 0.22x 0.2x
Search Homes For Sale In Manitou Springs, CO
$449,200
Median Home Value
$991
Median Rent
$65,703
Median Income

Manitou Springs, CO Costs By Category

Detailed Manitou Springs Services Costs Vs. Colorado

Item Manitou Springs Colorado
Shampoo $1.0 $1.06
Movie $9.91 $10.68
Bowling $15.48 $14.67
Haircut $19.51 $18.62
Beauty Salon $42.9 $39.05

Detailed Manitou Springs Groceries Costs Vs. Colorado

Item Manitou Springs Colorado
Ground Beef $4.33 $4.22
Fried Chicken $1.39 $1.39
Milk $1.76 $2.05
Potatoes $2.64 $3.29
Pizza $11.51 $10.62
Beer $8.8 $9.38
Toothpaste $2.22 $2.34

Detailed Manitou Springs Health Costs Vs. Colorado

Item Manitou Springs Colorado
Optometrist $114.08 $108.57
Doctor $126.71 $116.17
Dentist $105.77 $99.13

Detailed Manitou Springs Transportation Costs Vs. Colorado

Item Manitou Springs Colorado
Gasoline $2.41 $2.22
Tire Balancing $54.19 $50.07

Detailed Manitou Springs Utilities Costs Vs. Colorado

Item Manitou Springs Colorado
All Electricity $165.12 $167.67
Phone $182.16 $175.64

Manitou Springs SnackAbility

8
/10
Overall SnackAbility
Jobs
6/10
Housing
8.5
Affordability
6
Diversity
6
Safety
6
Amenities
8
Education
9.5
Commute
6

Cost Of Living In Cities Around Manitou Springs

The cost of living varies in the cities and towns around Manitou Springs. Here's a quick look at the cost of living in the most populous nearby places:

  • Colorado Springs, CO has a cost of living index of 107, 0.9x Manitou Springs.

  • Security-Widefield, CO has a cost of living index of 104, 0.9x Manitou Springs.

  • Fountain, CO has a cost of living index of 105, 0.9x Manitou Springs.

City Population Cost Of Living Vs. Manitou Springs
Colorado Springs, CO 475,282 107 0.9x
Security-Widefield, CO 40,158 104 0.9x
Fountain, CO 29,495 105 0.9x
Cimarron Hills, CO 18,619 99 0.9x
Fort Carson, CO 16,743 117 1.0x
Black Forest, CO 14,375 142 1.2x
Monument, CO 10,026 125 1.1x
Woodmoor, CO 8,840 130 1.1x
Woodland Park, CO 7,854 113 1.0x
Stratmoor, CO 6,515 97 0.8x

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