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Quick answer

Albuquerque costs $490/month less overall ($1,520 vs $2,010/mo). But Colorado Springs's 4.4% state income tax erases some of that gap — on an $80K salary, the tax difference is $400/year.

City Comparison · 2026

Albuquerque vs Colorado Springs

Side-by-side on rent, home prices, taxes, walkability, jobs, and climate — with a straight verdict for each type of mover.

Last updated: April 23, 2026

Albuquerque vs Colorado Springs at a Glance

MetricAlbuquerqueColorado Springs
1BR Monthly Rent$1,050$1,800
2BR Monthly Rent$1,320$1,800
Median Home Price$285K$465K
Avg Utilities/mo$145$165
Avg Groceries/mo$325$395
Monthly Cost (1BR)$1,520$2,010
Walk Score42/10036/100
Transit Score28/10024/100
State Income Tax4.9%4.4%

Monthly cost = 1BR rent + utilities + groceries for one person. ✓ marks the lower/better value.

Cost of Living: What the Numbers Actually Mean

Rent gap: Albuquerque's 1BR averages $1,050/month vs $1,450 in Colorado Springs a $400/month difference, or $4,800/year. That's a meaningful gap worth factoring into your decision.

State tax: Colorado Springs charges 4.4% state income tax vs 4.9% in Albuquerque. On an $80K salary that's a $400/year difference. On $120K, the gap grows to $5,880 vs $5,280 — important context if you're choosing between tech job offers.

Home buying: Median homes in Albuquerque are $285K vs $465K in Colorado Springs. At a 20% down payment, that's a $36,000 difference in upfront cash — significant at early-career savings rates.

Utilities: Colorado Springs utilities run $20 more per month than Albuquerque.

Walkability, Transit & Daily Life

Albuquerque, NM

Walk Score42/100 — Car-Dependent
Transit Score28/100 — Minimal Transit

Albuquerque is partially walkable in denser neighborhoods but car-dependent in most areas.

TOP NEIGHBORHOODS

Nob HillRoute 66 corridor, walkable restaurants and bars, mid-century architecture; 1BR $950–1,300
Uptown / Journal CenterCommercial center, newer apartments, corporate offices, easy access; 1BR $1,000–1,400
Old Town / DowntownAdobe architecture, galleries, museums, historic core; 1BR $950–1,300

Colorado Springs, CO

Walk Score36/100 — Car-Dependent
Transit Score24/100 — Minimal Transit

Car ownership is effectively mandatory in Colorado Springs. Budget $400–600/month for a car if you don't own one.

TOP NEIGHBORHOODS

Old North EndHistoric neighborhood with character homes, tree-lined streets, and genuine walkability. Most walkable area in the city. Good for people seeking urban feel.
Patty JewettResidential, family-oriented, near golf course and parks. Middle-class feel, more affordable than Old North End, less walkable.
BroadmoorWealthy enclave, resort, golf, lake, shopping. High-end living, very car-dependent, most expensive neighborhood.

Climate

Albuquerque

High desert: sunny and dry, hot summers but cooler than Phoenix (5,300ft elevation reduces heat), cold winters with snow

Colorado Springs

High altitude (6,000 ft) creates cooler summers (75-85°F) and cold, snowy winters (10-25 inches annual snowfall); 300+ sunny days per year; dry desert-like conditions most of year; wildfire risk in surrounding forests; thin air at altitude requires acclimatization

Job Market

Albuquerque top industries

Military / National Labs (Sandia, LANL)HealthcareTechTourism

Colorado Springs top industries

Defense / AerospaceOlympic TrainingHealthcareTechnology

Who Should Pick Which City

Move to Albuquerque if…

  • You're a national lab / federal workers
  • You're a outdoor / desert enthusiasts
  • You're a remote workers
  • You're a retirees
  • You're buying a home and want more for your money

Move to Colorado Springs if…

  • You're a Military families
  • You're a Outdoor enthusiasts / climbers
  • You're a Aerospace professionals
  • You're a People seeking altitude and outdoor access

Frequently Asked Questions

Is Albuquerque or Colorado Springs cheaper to live in?

Albuquerque is cheaper overall. Monthly costs (1BR rent + utilities + groceries) run $1,520 in Albuquerque vs $2,010 in Colorado Springs — a $490/month difference.

Which city is more walkable — Albuquerque or Colorado Springs?

Albuquerque is more walkable with a Walk Score of 42/100 vs 36/100. Colorado Springs is more car-dependent.

Albuquerque vs Colorado Springs: which has lower state income tax?

Colorado Springs has lower state income tax (4.4%). On an $80K salary, that saves $400/year vs Albuquerque (4.9%).

Is Albuquerque or Colorado Springs better for buying a home?

Albuquerque has lower median home prices at $285K vs $465K in Colorado Springs — a $180,000 difference on the median home.