Colorado Springs, Colorado – Retirement Guide

Colorado Springs, Colorado   Retirement Guide

Towering 14,110 feet over Colorado Springs, Pike’s Peak serves as a breathtaking — and dramatic — backdrop to Colorado’s second largest city. While a mountain of such great heights might seem inaccessible to some retirees, the Cog Railway takes visitors to the top of the peak, where unforgettable views and jaw-dropping scenery await.

Indeed, Colorado Springs offers retirees the chance to live in the midst of spectacular natural beauty, while enjoying the benefits of a large town. Retirees can visit the town’s many galleries, shops, restaurants and museums, as well as performances by the Colorado Springs Symphony Orchestra. Colorado Springs is also home to a number of military bases, including United States Air Force Academy, NORAD and Fort Carson. This great presence makes Colorado Springs a popular destination for military retirees.

Weather in Colorado Springs is frequently sunny, allowing retirees to engage in many outdoor pursuits, including visiting nearby Palmer Park and the much-acclaimed Garden of the Gods at the base of Pike’s Peak. Both parks feature many trails for hiking and bicycling — and range from easy to arduous.

Pros: Stunning natural environment with perks of living in a larger town
Con: Extremely conservative values may deter some retirees

At a Glance
Best For: Conservatives and outdoors lovers
Population: 426,388
Cost of Living: 2% lower than national average
Median Home Cost: $192,000
Unemployment: 8.5%
Top State Income Tax: 4.63% flat rate
Crime Rate: 8% higher than national average

The town’s cost of living is slightly below the national average, and the median home price is $192,000. Retirees can choose to live in a number of different housing situations, from single homes to apartments or condos, as well as a large number of 55+ communities. The communities tend to offer many exclusive amenities, including transportation daily to shopping, museums and events, as well as unique classes such as ballroom dancing.

One of the main facets of Colorado Springs’ identity is its extremely conservative values. A great number of evangelical Christian organizations are headquartered in the area. This can be either a draw or a deterrent for retirees.

Residents of Colorado Springs enjoy relatively cool summers, thanks to an altitude of 6,000 feet, though this same height makes for snowy winters. Retirees will find an array of health care options at any of the town’s 5 hospitals.

Top Retirement Cities in Colorado:  Colorado Springs | Fort Collins 

Photo by mark byzewski via Flickr. All statistics were up to date as of publication. See these sources for the most current data.