City comparison
Akron, OH vs Colorado Springs, CO
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Colorado Springs, CO are 7.9% higher than in Akron, OH. Someone earning $100,000 in Akron, OH would need about $107,900 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 $985 in Akron, OH. On $100,000, that's 23% of take-home pay in Colorado Springs, CO and 15% in Akron, OH.
- On $100,000, estimated state income tax is about $1,724 a year higher in Colorado Springs, CO than in Akron, OH.
- For federal employees, locality pay changes a GS-13 step 1 salary by −1.7% moving from Akron, OH to Colorado Springs, CO ($111,138 → $109,246), while prices change by +7.9%. Net effect of the transfer: −8.9% in real buying power.
- Akron, OH: price level 93.4 (cheaper)
- Colorado Springs, CO: price level 100.7 (about average)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Akron, OH | Colorado Springs, CO | |
|---|---|---|
| Price level (U.S. = 100)2 | 93.4 | 100.7 |
| $100,000 is worth, in the other city2 | $107,858 in Colorado Springs | $92,715 in Akron |
| Typical 1-bedroom rent3 | $985/mo | $1,464/mo |
| Take-home on $100,00014,15,8 | $77,212 | $75,488 |
| State income tax on $100,000 (estimate)8 | $1,968 (OH) | $3,692 (CO) |
| Rent burden on $100,000 | 15% | 23% |
| Median pay, all jobs4 | $48,840 | $52,710 |
| Federal locality pay area7 | Cleveland-Akron-Canton, OH-PA | Colorado Springs, CO |
Rent areas: Akron, OH MSA and Colorado Springs, CO HUD Metro FMR Area. Metro areas: Akron, OH and Colorado Springs, CO.
What costs more or less
| Price level (U.S. = 100) | Akron | Colorado Springs |
|---|---|---|
| Housing (rent) | 76.8 | 116.2 |
| Goods | 93.6 | 96.1 |
| Utilities | 96.4 | 83.2 |
| Other services | 98.9 | 99.8 |
| Overall | 93.4 | 100.7 |
Moving with the same $100,000 salary
Akron, OH → Colorado Springs, CO
Same pay buys less
Buying power −7.3%; rent takes 23% of take-home; state tax +$1,724/yr.
46 Fair offer
Colorado Springs, CO → Akron, OH
Same pay goes further
Buying power +7.9%; rent takes 15% of take-home; state tax −$1,724/yr.
93 Strong offer
On the GS pay scale?
Akron, OH is in the Cleveland-Akron-Canton, OH-PA pay area; Colorado Springs, CO is in Colorado Springs, CO. The last column shows what a transfer from Akron, OH to Colorado Springs, CO at the same grade and step does to real buying power.
| Grade5,2 | Akron, OH | Colorado Springs, CO | Real change, Akron → Colorado Springs |
|---|---|---|---|
| GS-9 step 1 | $64,448 | $63,351 | −8.9% |
| GS-11 step 1 | $77,977 | $76,650 | −8.9% |
| GS-12 step 1 | $93,461 | $91,870 | −8.9% |
| GS-13 step 1 | $111,138 | $109,246 | −8.9% |
| GS-14 step 1 | $131,331 | $129,096 | −8.9% |
Pay for common jobs
| Median annual pay4 | Akron, OH | Colorado Springs, CO | Colorado Springs pay in Akron dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $78,560 | $61,140 | $56,686 (−27.8%) |
| Software Developers | $105,430 | $134,280 | $124,497 (+18.1%) |
| Accountants and Auditors | $78,540 | $85,000 | $78,807 (+0.3%) |
| Registered Nurses | $80,770 | $96,140 | $89,136 (+10.4%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.