Bennett, CO vs Craig, CO
There is a significant gap in the cost of living between these two cities. Craig is 27% cheaper than Bennett. With a cost index of 88 vs 112, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Craig to Bennett should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bennett is $1,328/month compared to $1,060/month in Craig — a 25% difference. Home values follow the same pattern: Craig is more affordable at $252,900 median vs $426,500.
Median household income in Bennett is $92,450 compared to $69,256 in Craig (+33.5%). While Bennett is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bennett spend roughly 17.2% of their income on rent, less than the 18.4% in Craig.
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