Cost of Living in Palmer Lake, CO

Get 300+ Local Insights for Any Address in Palmer Lake, CO

Get Access to 300+ Local Data Points
D
21%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
58%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Palmer Lake Colorado National
Cost of living121115100
Groceries102104100
Health care105107100
Housing158136100
Transportation109106100
Utilities106108100
Lifestyle & Entertainment102107100
Household Items103105100
Education & Childcare113111100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Palmer Lake, CO

property for sale

25 Sailing Way

Palmer Lake, CO
property for sale

38 Mystic Ln

Palmer Lake, CO
property for sale

30 Vale Cir

Palmer Lake, CO
property for sale

74 Vale Cir

Palmer Lake, CO

Cost Of Living Quick Facts

  • The cost of living in Palmer Lake is 5% higher than the Colorado average
  • The cost of living in Palmer Lake is 21% higher than the national average
  • Palmer Lake housing is 58% higher than the national average
  • Colorado general sales tax is 43% lower than the national average
  • Colorado state income tax is 69% higher than the national average

Most Affordable Places to Live in and Around Palmer Lake

See all the best places to live around Palmer Lake

Compare Palmer Lake, CO Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Palmer Lake?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Palmer Lake?
      Write a review to give others more information about this area.
      See all Palmer Lake poll results

      The best places in Colorado

      Here are the best places to live in ColoradoMost Dangerous States In The USCheck out the 10 safest cities in ColoradoSee the best places to live in Palmer Lake
      Best Places in Colorado

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$147,494$12,291$3,441$4,425
      Renters$56,539$4,712$1,319$1,696

      Colorado Sales Tax

      State General Sales Tax With Max Surtax
      Colorado 2.9% 10%

      Colorado Income Tax

      State Income Tax (Low) Income Tax (High)
      Colorado 4.4% 4.4%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Divide, CO1321088.4%
      Larkspur, CO249982.0%
      Green Mountain Falls, CO70312121.3%
      Cascade-Chipita Park, CO97312626.5%
      Woodland Park, CO8,13012727.0%
      Palmer Lake, CO3,02312121.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      White Mountain Lake, AZ3,023918.8%
      East Norwich, NY3,02317272.3%
      Winchester, CA3,02413131.4%
      Frisco, CO3,02116160.8%
      Brownstown, IN3,0218613.7%
      Palmer Lake, CO3,02312121.0%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026