Penrose, CO vs Springfield, CO

The cost of living difference between Penrose, CO and Springfield, CO is dramatic. Springfield is 57.6% cheaper than Penrose, a gap that translates to thousands of dollars per year in household expenses. Penrose has a cost index of 98 while Springfield sits at 62, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Penrose are $276,100 compared to $122,600 in Springfield, a 125% gap.

Median household income in Penrose is $75,109 compared to $42,368 in Springfield (+77.3%). While Penrose is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.