Dacono, CO vs Palmer Lake, CO

Dacono, CO and Palmer Lake, CO have a very similar cost of living, with only a 2.9% difference in their overall index. Dacono scores 126 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.

On the housing front, median rent in Dacono is $1,823/month compared to $1,913/month in Palmer Lake — a 5% difference. Home values follow the same pattern: Dacono is more affordable at $448,200 median vs $454,000.

Median household income in Dacono is $99,389 compared to $122,855 in Palmer Lake (-19.1%). 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 Dacono spend roughly 22% of their income on rent, more than the 18.7% in Palmer Lake.