Colorado Springs, CO vs Lakewood, CO
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
Colorado Springs, CO spends 28% more per resident than Lakewood, CO: $13,222 against $10,295. That gap is large enough to show up across most functional budget categories below.
Colorado Springs, CO edges Lakewood, CO on the Fiscal Health Score by 3 points — 59/100 (grade C) to 56/100 (grade C). At a margin this narrow the grade is close enough that the factor-level detail matters more than the composite.
On debt, Lakewood, CO carries the lighter load at $1 per resident versus $3,063 for Colorado Springs, CO. Their budgets diverge on where the largest per-resident dollars go: Colorado Springs, CO leads with fire protection at $1,266 per resident, while Lakewood, CO leads with parks and recreation at $2,250.
They also fund themselves differently: intergovernmental transfers is the largest single revenue source in Colorado Springs, CO at 13% of total revenue, whereas Lakewood, CO relies most on other revenue at 167%.
Summary
Colorado Springs spends 28.4% more per capita than Lakewood ($2,927/person difference). Colorado Springs, CO has the stronger Fiscal Health Score (C, 59/100).
Fiscal Health Score
Key Metrics
Per Capita Spending by Department
Revenue Breakdown (Per Capita)
| Sales Tax | $257 | $897 |
| Intergovernmental | $6,902 | $1,276 |
| Charges & Fees | $5,676 | $82 |
| Other | $2,678 | $2,128 |
Spending Breakdown (Per Capita)
| Fire Protection | $1,266 | $205 |
| Public Welfare | $575 | $1,061 |
| Hospitals | $416 | $70 |
| Parks & Recreation | $376 | $2,250 |
| Housing | $2,713 | $3,750 |
| Sewerage | $0 | $176 |
| Utilities | $2,566 | $79 |
| Interest on Debt | $190 | $0 |
| Other | $5,120 | $2,705 |
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Source: Census Annual Survey of State and Local Government Finances, 2026.