Cost of Living in Palmer Lake, CO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
169.6
100 = national avg
+69.6 vs national average
Living Wage (1 Adult)
$74,603
per year
Living Wage (Family of 4)
$176,335
per year
Cost Index by Category
Housing204.5
Food143.9
Transportation133.2
Healthcare135.1
Utilities147.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,464
per month
2 Bedroom
$1,735
per month
The overall cost of living index in Palmer Lake is 169.6, which is 69.6% above the national average. Housing costs are above the national average at an index of 204.5. A single adult needs to earn approximately $74,603 per year to cover basic expenses.