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Federal Heights, CO vs Manitou Springs, CO

95
Federal Heights
Colorado
VS
-17.5%
115
Manitou Springs
Colorado

There is a significant gap in the cost of living between these two cities. Federal Heights is 17.5% cheaper than Manitou Springs. With a cost index of 95 vs 115, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Federal Heights to Manitou Springs should plan for substantially higher expenses across most categories.

On the housing front, median rent in Federal Heights is $1,655/month compared to $1,175/month in Manitou Springs — a 41% difference. Interestingly, home values tell a different story: while Manitou Springs has cheaper rent, Federal Heights actually has lower median home values ($91,300 vs $545,800).

Median household income in Federal Heights is $57,957 compared to $76,550 in Manitou Springs (-24.3%). While Manitou Springs is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Federal Heights spend roughly 34.3% of their income on rent, more than the 18.4% in Manitou Springs. The Manitou Springs ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Federal Heights
95
17% cheaper
Manitou Springs
115
Median Household Income
Federal Heights
$57,957
Manitou Springs
$76,550
24% higher

Housing

Median Rent
Federal Heights
$1,655
Manitou Springs
$1,175
29% cheaper
Median Home Value
Federal Heights
$91,300
83% cheaper
Manitou Springs
$545,800
Population
Federal Heights
14,160
Manitou Springs
4,796

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Federal Heights $3.11
Manitou Springs $2.95
US $3.07
🥚
Eggs (grade A, large)
Federal Heights $2.54
Manitou Springs $2.41
US $2.50
🥛
Milk (whole)
Federal Heights $4.09
Manitou Springs $3.88
US $4.03
🍞
Bread (white)
Federal Heights $1.88
Manitou Springs $1.78
US $1.85
🍗
Chicken breast
Federal Heights $4.21
Manitou Springs $3.99
US $4.14
Electricity
Federal Heights $0.18
Manitou Springs $0.15
US $0.19