Example household · Fairbanks, AK · $83,730 · same pay · 1 adult

Colorado Springs skyline

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Fairbanks vs Colorado Springs

Fairbanks and Colorado Springs

Photo: Orlandotwhite / Wikimedia, Public domain

Assumed income $83,730, same in both cities. Example, until you change it.

Same pay in both cities. One adult, one bedroom.

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So you know: homicide deaths in Colorado Springs are above the US rate in this release, 7.9 versus 6.5 per 100,000. CDC via County Health Rankings, CDC NVSS 2017–2023 (CHR 2025 release).

Why people look at Fairbanks to Colorado Springs

In 2022-2023, 88 households filed a move from Fairbanks to Colorado Springs (about 206 people, average adjusted gross income $58,330). 66 households went the other way. Source: IRS migration.

A one-bedroom asking rent is about $1,378 in Fairbanks and $1,298 in Colorado Springs. Fairbanks has no state tax on wages. Colorado Springs has a state tax on wages. Local pay in Colorado Springs is 95% of the national level for the same work, against 101% in Fairbanks.

Colorado Springs averages 243 sunny days, with July highs around 85°F and January nights around 17°F. Fairbanks is 136 sunny days, 75°F in July, 29°F in January. Commutes average 24 minutes in Colorado Springs and 20 in Fairbanks.

These figures are projections built from available public data. Conditions change, and the numbers may not reflect current prices, taxes, or immigration rules. Check official sources before you make decisions.

How we figure this

Who already made this move

In 2022-2023, 88 households moved Fairbanks → Colorado Springs (about 206 people, average AGI $58,330). 66 households went the other way.

Source: IRS SOI county-to-county migration. Not a moving company; not a recommendation.

The monthly number is take-home pay minus rent and the other bills. The gap between Fairbanks and Colorado Springs changes with the job, remote or local pay, and bedrooms. How we figure this.

What the move itself costs

About 2,935 road miles, 1 bedroom. Typical ranges, not quotes.

Full-service mover
$4,900–$9,150
Container or pod
$3,550–$6,650
Rent a truck
$2,350–$4,350

Movers in Colorado Springs and how to hire one →

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Questions

Is Colorado Springs cheaper than Fairbanks after tax and rent?

Yes. Colorado Springs leaves about $131 more a month, so the cost of living is lower there for this household. A one-bedroom is about $1,378 in Fairbanks and $1,298 in Colorado Springs.

Does Colorado Springs have state income tax?

Colorado Springs is in Colorado, which taxes wage income.

Did people actually move from Fairbanks to Colorado Springs?

Yes, when the IRS published that flow. The count and their average income are on this page. Leftover prices the same household in both cities.