ElderCareCost

Elder Care Cost: New York City, NY vs Colorado Springs, CO (2026)

Colorado Springs, CO assisted living runs $4,700/month — $2,100/month less than New York City, NY's $6,800/month. That's $25,200/year.

New York City, NY, NY

$6,800

assisted living/month

+$2,300 vs national avg

Colorado Springs, CO, CO

$4,700

assisted living/month

+$200 vs national avg

New York City, NY vs Colorado Springs, CO — All Care Types

Monthly costs. Green = lower cost. National average shown for context.

Care Type New York City, NY Colorado Springs, CO
Assisted Living $6,800/mo $4,700/mo
Nursing Home (Private) $15,400/mo $9,800/mo
In-Home Aide $7,700/mo $5,500/mo
Memory Care $9,200/mo $6,500/mo
Adult Day Care $2,400/mo $1,600/mo

Source: Genworth/CareScout Cost of Care Survey. 2026 estimates.

Annual Cost Impact

For assisted living, Colorado Springs, CO costs $56,400/year vs New York City, NY's $81,600/year.

Monthly savings

$2,100

Annual savings

$25,200

2-year total savings

$50,400

% difference

45%

Savings = New York City, NY cost minus Colorado Springs, CO cost. Assisted living only.

Overall, Colorado Springs, CO is more affordable — lower cost on 5 of 5 care types.

Frequently Asked Questions

Is elder care cheaper in New York City, NY or Colorado Springs, CO?

Colorado Springs, CO has lower assisted living costs at $4,700/month vs. $6,800/month in New York City, NY — a difference of $2,100/month ($25,200/year).

What types of elder care are compared here?

This page compares five common senior care types: assisted living, nursing home (private room), in-home aide (44 hrs/week), memory care, and adult day care. These cover the full range from part-time supervision to full residential skilled nursing care.

How do these cities compare to the national average?

The national average for assisted living is $4,500/month. New York City, NY is $2,300 above the national average. Colorado Springs, CO is $200 above the national average.