Palmer Lake, CO vs Bennett, CO: Cost of Living

Which city costs less?

Bennett, CO has a modeled overall cost index 6.6% higher than Palmer Lake, CO.

Palmer Lake, CO · modeled 2BR rent: $1,810 / month
Bennett, CO · modeled 2BR rent: $1,930 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Palmer Lake, CO and Bennett, CO using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

Current salary in Palmer Lake, CO

Numbers update automatically as you type

Estimated extra cost: $591/month in Bennett, CO

$150,000 in your current city has a modeled equivalent of $157,094 in Bennett, CO

Regional cost estimates: Palmer Lake, CO uses Colorado Springs, CO. Bennett, CO uses Denver, CO. Available city ZIP rent estimates are shown separately.

Overall Cost

↑ 6.6%

More expensive

Monthly Impact

$591

Extra cost

Annual Impact

$7.1K

Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Palmer Lake, CO

Population:3K

Cost Index:

91.3

100 = national average

Typical Home:$505K

Bennett, CO

Population:4K

Cost Index:

97.3

100 = national average

Typical Home:$516K

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Palmer Lake, CO

The Centennial State

Population

State Tax

Yes

Located in Colorado, this city has a population of 3K residents.

Bennett, CO

The Centennial State

Population

State Tax

Yes

Located in Colorado, this city has a population of 4K residents.

Cost Breakdown by Category

Estimated monthly spending: Palmer Lake, CO vs Bennett, CO

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Category	Palmer Lake, CO	Bennett, CO	Difference	Change
Housing	$2,461/mo	$2,790/mo	↑ $330more	13.4%
Transportation	$1,215/mo	$1,395/mo	↑ $180more	14.8%
All Utilities	$461/mo	$527/mo	↑ $66.05more	14.3%
Groceries	$1,015/mo	$1,044/mo	↑ $29.36more	2.9%
Other	$1,713/mo	$1,694/mo	↓ $19.55less	1.1%
Healthcare	$636/mo	$641/mo	↑ $5.62more	0.9%

Housing

↑ 13.4%

Palmer Lake, CO

$2,461

Bennett, CO

$2,790

Difference

$330

Transportation

↑ 14.8%

Palmer Lake, CO

$1,215

Bennett, CO

$1,395

Difference

$180

All Utilities

↑ 14.3%

Palmer Lake, CO

$461

Bennett, CO

$527

Difference

$66.05

Groceries

↑ 2.9%

Palmer Lake, CO

$1,015

Bennett, CO

$1,044

Difference

$29.36

Other

↓ 1.1%

Palmer Lake, CO

$1,713

Bennett, CO

$1,694

Difference

$19.55

less

Healthcare

↑ 0.9%

Palmer Lake, CO

$636

Bennett, CO

$641

Difference

$5.62

🏠Rent Comparison

Studio

From$1,250

To$1,480

↑ $230

1 Bed

From$1,530

To$1,620

↑ $90.00

2 Bed

From$1,810

To$1,930

↑ $120

3 Bed

From$2,520

To$2,520

→ $0

Palmer Lake, COZIP-level data

1BR range: $1,530–$1,530/mo

Bennett, COZIP-level data

1BR range: $1,620–$1,620/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500

Monthly in Palmer Lake, CO

$8,091

Monthly in Bennett, CO

$591

Difference

Home Values

Palmer Lake

Bennett

$505K

Median Value

$516K

↑ +0.5%

YoY Change

↓ -1.9%

↑ +25.8%

5-Year Change

↑ +22.2%

Homes in Bennett are 2% more expensive than Palmer Lake

Calculate payment - Palmer Lake Calculate payment - Bennett

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

→ $0

Same taxes

Monthly Difference

Same take-home

Effective Rate Diff

0.0%

Rate difference

Palmer Lake, CO

Federal Income Tax

Effective: 18.9%

$25.5K

Colorado State Tax

Effective: 4.4%

$6.6K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.1%

$43.6K

Take-Home Pay

$8,866/month

$106.4K

Bennett, CO

Federal Income Tax

Effective: 18.9%

$25.5K

Colorado State Tax

Effective: 4.4%

$6.6K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.1%

$43.6K

Take-Home Pay

$8,866/month

$106.4K

Additional Tax Information

Palmer Lake, CO Tax Rates

Sales Tax:7.8%

Property Tax:0.5%

Bennett, CO Tax Rates

Sales Tax:7.8%

Property Tax:0.5%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Palmer Lake

Bennett

49 Good

Air Quality

55 Moderate

55.2%

Good Air Days

35.2%

94 Moderate

Climate Risk

95 High

🔥🌊🌪

Top Hazards

🌊🌪💨

▲+3.0°F

2050 Outlook

▲+3.3°F

9 days

Heat Days >95°F

28 days

▲+3.0°F

2050 Outlook

▲+3.3°F

9 days

Heat Days >95°F

28 days

Before moving from Palmer Lake, CO to Bennett, CO

Use this comparison to shortlist a move, then check the costs that depend on your household.

Compare actual homes. Get current quotes in Bennett, CO for the same bedroom count and included utilities as your home in Palmer Lake, CO. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Palmer Lake to Bennett moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Bennett, CO by cost, housing, population and region.

Frequently Asked Questions: Palmer Lake, CO vs Bennett, CO

How do the cost estimates for Palmer Lake, CO and Bennett, CO compare?

Bennett, CO has a modeled overall cost index 6.6% higher than Palmer Lake, CO. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Palmer Lake, CO, the model estimates $157,094 in Bennett, CO. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Palmer Lake, CO and Bennett, CO?

The modeled two-bedroom rents are $1,810/month in Palmer Lake, CO and $1,930/month in Bennett, CO. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

Where your money goes further

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