Rent
39% cheaper
El Paso rent is 39% cheaper than Colorado Springs
El Paso
Winner$1,073/mo
Colorado Springs
$1,750/mo
What this means for your life
Typical rent runs $1,073 a month in El Paso versus $1,750 in Colorado Springs, so El Paso is 39% cheaper. That's roughly $677/month back in your pocket — $8,124/year. Over five years that's $40,620 you could redirect toward a down payment, travel, or investments. Housing is the bill you pay before groceries, childcare, or a social life, so that gap shows up in how often you eat out and how panicked a rent hike feels. If you already have a high-paying offer in Colorado Springs, the extra rent can be rational. If you do not, El Paso is the easier city to land in without blowing up your budget.