Cost of Living in Manitou Springs
Artsy mountain town at the foot of Pikes Peak, mineral springs, galleries, and the Incline
What it costs to live in Manitou Springs
Adjust the sliders for your situation. Ranges reflect uncertainty in HOA and metro district fees, narrower is more confident.
Based on your inputs below
Assumes 20% down, 30-year fixed at 6.5% (as of 2026-04-22).
Housing$3,520 – $3,920 | |
|---|---|
| Mortgage (6.5%, 20% down) | $3,059 |
| Property tax | $236 |
| HOA | $0 – $200 |
| Insurance | $225 |
| Metro district fees | not yet verified |
Transportation$842 | |
|---|---|
| Car payments (your input) | $500 |
| Gas (~122 min to downtown) | $342 |
Utilities$350 | |
|---|---|
| Electric & gas (Colorado Springs Utilities (electric + natural gas)) | $205 |
| Water (Colorado Springs Utilities (water, wastewater)) | $75 |
| Internet | $70 |
Groceries$620 | |
|---|---|
| Monthly estimate | $620 |
Housing figures updated April 2026. Confidence: low.
Very Walkable, Manitou Avenue core
Housing Market
- Median Home Price
- $538K–$675K
- Data Year
- 2026
- Year-over-Year Change
- Volatile, Redfin shows +15% but very low sales volume. Zillow -0.4%.
- Avg Days on Market
- Varies widely, desirable historic homes sell fast, others sit
Tax Rates
- Sales Tax Rate
- Manitou Springs city tax + El Paso County + state (~8.25% combined)
- Cost of Living vs National
- Slightly above Springs average, premium for location and character
Monthly Costs
- Water Provider
- Colorado Springs Utilities (water, wastewater)
- Electric & Gas
- Colorado Springs Utilities (electric + natural gas)
- Internet Providers
- Quantum Fiber (up to 8 Gbps, 75% coverage), CenturyLink (91% coverage), Xfinity/Comcast (94% coverage)
- Property Tax Rate
- 0.43% effective (El Paso County, less than half the national median)
Income & Cost Context
- Cost of Living Index
- Slightly above Colorado Springs average, housing premium for location
Common QuestionsFAQ, Manitou Springs
What is the median home price in Manitou Springs?
As of 2026, the median home value in Manitou Springs ranges from $538K (Zillow average value) to $675K (Redfin median sale price, up 15% year-over-year). Realtor.com lists $735K. This is a low-volume market with significant price volatility. Historic homes dominate the inventory, many are pre-1940 with character but may require renovation.
Estimates for informational purposes only, not financial advice. Actual costs vary by specific property, subdivision, and household.