Bennett, CO vs Severance, CO

There is a significant gap in the cost of living between these two cities. Bennett is 18.8% cheaper than Severance. With a cost index of 112 vs 138, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bennett to Severance should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bennett is $1,328/month compared to $2,108/month in Severance — a 37% difference. Home values follow the same pattern: Bennett is more affordable at $426,500 median vs $493,800.

Median household income in Bennett is $92,450 compared to $127,257 in Severance (-27.4%). While Severance 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 19.9% in Severance.