5. Colorado Springs, CO
Typical Monthly Housing Expenses (1 Bedroom Outside of City Center): $450
Typical Monthly Utilities (Electric, Heating, Water, Garbage): $200
Monthly Public Transportation Expenses: $63
Annual Income Needed for a Living Wage Before Taxes: $18,077
You may not be ready to enter the workforce immediately after graduation, so if plan on moving, make sure to choose a city that will suit both your educational and financial needs. With housing expenses being so low in Colorado Springs, your student budget will take you far in Colorado's second biggest city. You'll also be in the same town as four graduate schools, including the University of Colorado at Colorado Springs, which was ranked as the ninth best public school in the country.