Mar 30, 2022 - Business

Colorado Springs lands on the map as top performing city

Best-performing <b style='color: #5f7900;'>large</b> and <b style='color: #b26fa3;'>small</b> cities
Data: https://milkeninstitute.org/report/best-performing-cities-2022; Note: Large and small cities classified according to U.S. Census; Map: Kavya Beheraj/Axios

Colorado Springs is sitting in the spotlight.

What to know: The state's second biggest city β€” at the foot of Pikes Peak β€” just landed at No. 9 on the Milken Institute's new ranking of "best-performing" large U.S. cities.

  • It's a big jump from a year prior when it stood at No. 17.
  • The report cites its strong job growth and economic stability through the pandemic.

Why it matters: Colorado Springs is emerging from Denver's shadow to make its own national name.

Zoom in: Denver ranked No. 11 in 2021, but dropped three spots this year to 14th.

  • The city's top liability was the increased cost of living.
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