City comparison
Colorado Springs, CO vs Montgomery, AL
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Colorado Springs, CO are 12.3% higher than in Montgomery, AL. Someone earning $100,000 in Montgomery, AL would need about $112,300 in Colorado Springs, CO to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,464 a month in Colorado Springs, CO versus $870 in Montgomery, AL. On $100,000, that's 23% of take-home pay in Colorado Springs, CO and 14% in Montgomery, AL.
- On $100,000, estimated state income tax is about $1,043 a year higher in Montgomery, AL than in Colorado Springs, CO.
- For federal employees, locality pay changes a GS-13 step 1 salary by −2.6% moving from Colorado Springs, CO to Montgomery, AL ($109,246 → $106,437), while prices change by −10.9%. Net effect of the transfer: +9.4% in real buying power.
- Colorado Springs, CO: price level 100.7 (about average)
- Montgomery, AL: price level 89.7 (much cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Colorado Springs, CO | Montgomery, AL | |
|---|---|---|
| Price level (U.S. = 100)2 | 100.7 | 89.7 |
| $100,000 is worth, in the other city2 | $89,052 in Montgomery | $112,293 in Colorado Springs |
| Typical 1-bedroom rent3 | $1,464/mo | $870/mo |
| Take-home on $100,00014,15,8 | $75,488 | $74,445 |
| State income tax on $100,000 (estimate)8 | $3,692 (CO) | $4,735 (AL) |
| Rent burden on $100,000 | 23% | 14% |
| Median pay, all jobs4 | $52,710 | $44,950 |
| Federal locality pay area7 | Colorado Springs, CO | Rest of U.S. |
Rent areas: Colorado Springs, CO HUD Metro FMR Area and Montgomery, AL MSA. Metro areas: Colorado Springs, CO and Montgomery, AL.
What costs more or less
| Price level (U.S. = 100) | Colorado Springs | Montgomery |
|---|---|---|
| Housing (rent) | 116.2 | 64.3 |
| Goods | 96.1 | 96.4 |
| Utilities | 83.2 | 84.9 |
| Other services | 99.8 | 96.7 |
| Overall | 100.7 | 89.7 |
Moving with the same $100,000 salary
Colorado Springs, CO → Montgomery, AL
Same pay goes further
Buying power +12.3%; rent takes 14% of take-home; state tax +$1,043/yr.
100 Strong offer
Montgomery, AL → Colorado Springs, CO
Same pay buys less
Buying power −10.9%; rent takes 23% of take-home; state tax −$1,043/yr.
38 Weak offer
On the GS pay scale?
Colorado Springs, CO is in the Colorado Springs, CO pay area; Montgomery, AL is in Rest of U.S.. The last column shows what a transfer from Colorado Springs, CO to Montgomery, AL at the same grade and step does to real buying power.
| Grade5,2 | Colorado Springs, CO | Montgomery, AL | Real change, Colorado Springs → Montgomery |
|---|---|---|---|
| GS-9 step 1 | $63,351 | $61,722 | +9.4% |
| GS-11 step 1 | $76,650 | $74,678 | +9.4% |
| GS-12 step 1 | $91,870 | $89,508 | +9.4% |
| GS-13 step 1 | $109,246 | $106,437 | +9.4% |
| GS-14 step 1 | $129,096 | $125,776 | +9.4% |
Pay for common jobs
| Median annual pay4 | Colorado Springs, CO | Montgomery, AL | Montgomery pay in Colorado Springs dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $61,140 | $59,610 | $66,938 (+9.5%) |
| Software Developers | $134,280 | $110,620 | $124,219 (−7.5%) |
| Accountants and Auditors | $85,000 | $75,040 | $84,265 (−0.9%) |
| Registered Nurses | $96,140 | $79,570 | $89,352 (−7.1%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.