WhereCanIAfford › Colorado Springs, CO › On $300,000

Is Colorado Springs, CO affordable on a $300,000 salary?

YES On $300,000/yr, the typical $448,492 home in Colorado Springs, CO needs $137,736/yr ($3,214/mo). Your gap: +$162,264 — housing would be 12.9% of your gross income.

The math

448,492 price − 10% down (44,849) = 403,643 loan
30-yr fixed at 6.95% on 403,643 = 2,672/mo principal+interest
+ 542/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
3,214/mo PITI ÷ 0.28 = 11,478/mo → 137,736/yr required

against Zillow ZHVI 2026-08 and the 6.95% FRED 30-yr rate (2026-09-17).

What salary WOULD clear Colorado Springs, CO?

You need about $137,736/yr for the typical home. On $300,000 you already clear it by $162,264.

On $275,000? On $325,000? On $350,000?

See the full Colorado Springs, CO affordability breakdown → or every metro you can afford on $300,000 →