Cheyenne vs Colorado Springs

The short version

  • Cheyenne is cheaper overall: prices in its metro run 4% lower than in the Colorado Springs area (BEA 2024).
  • The median home costs $333,700 in Cheyenne and $452,600 in Colorado Springs.
  • Households earn more in Colorado Springs ($84,818 vs $78,839 median).
  • Colorado Springs has the warmer winter: January highs of 45°F vs 40°F.
  • Cheyenne gets far more snow: 63 inches a year vs 33.
  • Commutes are shorter in Cheyenne (16 vs 23 minutes each way).
  • Wyoming has no state income tax on wages; Colorado's top rate is 4.4%.

Side by side

Cheyenne, WYColorado Springs, CO
People
Population (2025)66,507494,743
Growth since 2020+1.7%+3.1%
People per square mile1,8232,448
Median age38.935.7
Bachelor's degree or higher34%43%
Money and housing
Median household income$78,839$84,818
Median home value$333,700$452,600
Home value to income4.2×5.3×
Median rent (with utilities)$1,118$1,648
Metro price level (US = 100)96.5100.7
Housing price level (US = 100)89.8116.2
$75,000 elsewhere equals$72,400$75,500
Homeowners67%61%
Top state income taxNone4.4%
Combined sales tax5.39%7.89%
Work and commute
Average commute (minutes)16.022.7
Work from home8%18%
Take public transit0%1%
Unemployment (2020-24 avg)3.7%5.6%
Poverty rate8.7%9%
Weather
January high / low40° / 18°45° / 19°
July high / low84° / 56°87° / 58°
Precipitation per year15 in16 in
Snowfall per year63 in33 in
Days 90°F or hotter1523
Nights below freezing170160
Comfortable months44
Risks, air and home prices
Natural hazard risk (FEMA, county)Relatively LowRelatively Moderate
FEMA risk score (lower is safer)76.794.1
Good air days, 202575%68%
Home prices, past year+5.2%+0.1%
Home prices, past 5 years+37.7%+22.8%

Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.

Weather, month by month

10°20°30°40°50°60°70°80°90°JanFebMarAprMayJunJulAugSepOctNovDec
Cheyenne Colorado Springs. Solid lines are average highs, dashed lines average lows (°F), NOAA 1991-2020 normals.

Most comfortable months: Cheyenne: June to September. Colorado Springs: May to June and August to September.

Full monthly tables: Cheyenne weather by month and Colorado Springs weather by month.

What $75,000 is worth

A $75,000 salary in an average-priced US city buys about the same as $72,400 in Cheyenne and $75,500 in Colorado Springs. Moving from Cheyenne to Colorado Springs, you would need about $78,300 to match a $75,000 salary.

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Moving between Cheyenne and Colorado Springs

91people moved from Laramie County, WY to El Paso County, CO in a year
137moved the other way

IRS county-to-county migration, 2022 to 2023 tax years, for the counties that contain each city. See where else people move from Cheyenne and Colorado Springs.

Which would you pick?

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