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Colorado Springs’ cost of living, utility bills lower than national average
Living in Colorado Springs costs 7.2 percent less than the national average, according to the 2010 ACCRA Cost of Living Index. Utility bills are 13 percent lower in Colorado Springs compared to the national average.
ACCRA Cost of Living Index for Colorado Springs (National average = 100)
Utilities - 87.0
Housing - 91.8
Misc. Goods and Services - 92.1
Grocery items - 95.4
Transportation - 96.2
Health Care - 102.1
Composite (total) - 92.8
Colorado Springs Utilities keeps electric rates low through efficient operations and by generating most of the community’s electricity at its local power plants. A proactive hedging program, long-term contracts and underground storage help keep natural gas rates low and relatively stable.
The ACCRA Cost of Living Index is produced by the Council for Community and Economic Research, a nonprofit research group in Arlington, VA. Learn more at
www.coli.org.
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