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.
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:
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 |
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 |
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 |
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 |
Item | Manitou Springs | Colorado |
---|---|---|
Optometrist | $114.08 | $108.57 |
Doctor | $126.71 | $116.17 |
Dentist | $105.77 | $99.13 |
Item | Manitou Springs | Colorado |
---|---|---|
Gasoline | $2.41 | $2.22 |
Tire Balancing | $54.19 | $50.07 |
Item | Manitou Springs | Colorado |
---|---|---|
All Electricity | $165.12 | $167.67 |
Phone | $182.16 | $175.64 |
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 |