Air Force Academy, CO vs Palmer Lake, CO

Air Force Academy, CO and Palmer Lake, CO have a very similar cost of living, with only a 2.2% difference in their overall index. Air Force Academy scores 127 while Palmer Lake scores 130 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

Renters will find that Air Force Academy has a median rent of $2,223/month while Palmer Lake comes in at $1,913/month, a 16% difference.

Median household income in Air Force Academy is $93,889 compared to $122,855 in Palmer Lake (-23.6%). While Palmer Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Air Force Academy spend roughly 28.4% of their income on rent, more than the 18.7% in Palmer Lake.