Cost of Living in Manitou Springs

Artsy mountain town at the foot of Pikes Peak — mineral springs, galleries, and the Incline

Housing

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
Taxes

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
Utilities

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

Income & Cost Context

Cost of Living Index
Slightly above Colorado Springs average — housing premium for location
Common Questions

FAQ — 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.