5 Communities in Colorado SpringsView All
Colorado Springs is a southern suburb of Denver, Colorado. Retirees enjoy its many vibrant shopping districts with everything from local boutiques to name-brand shops. Its scenic mountain views and ample hiking opportunities make this city popular among active adults.
Climate & Geography
Colorado Springs has a cool and dry semi-arid climate. Summers are warm and can reach the 90s while winters are cool, dipping into the 30s. Colorado Springs receives 16 inches of rainfall and 38 inches of snowfall each year, and the area has 243 days of sunshine.
The Southern Rocky Mountains are located to the east of Colorado Springs, and the rest of the city lies in a high desert. Denver is approximately 60 miles north of the city.
Recreation, Culture, & Entertainment
Colorado Springs offers an abundance of outdoor recreation for active adults. Pikes Peak, Red Rock Canyon, The Broadmoor Seven Falls, and Garden of the Gods are some of the most popular hiking areas with prominent rock formations and scenic views.
For entertainment, residents can visit several shopping districts throughout the city, including Old Colorado City. This historic area has boutiques, galleries, specialty stores, and gourmet restaurants. Downtown Colorado Springs also features high-end shopping, museums, and performing arts.
In addition to its local amenities, Colorado Springs is just over an hour from the arts, sports, and entertainment of Denver.
Cost of Living & Taxes
The overall cost of living in Colorado Springs is higher than the national average because of high housing costs. All other factors, including groceries, utilities, health care, and transportation, are below average.
Colorado taxes Social Security benefits and all other forms of retirement income, but it also offers a large deduction for retirees ranging from $20,000 to $24,000. While property taxes in the state are some of the lowest in the county, the combined sales tax of 8.25 percent is higher than average.
The Colorado Springs metro area ranks in the top 35 communities on Gallup’s Well-Being Index.
There are two hospitals in Colorado Springs that are rated high performing by U.S. News. Penrose-St. Francis Health Services-Colorado Springs is high performing in six procedures and conditions, and it is rated the No. 1 hospital in the city. UCHealth Memorial Hospital, the No. 2 hospital in the city, is high performing in four procedures and conditions.