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Eagle, CO vs Palmer Lake, CO

144
Eagle
Colorado
VS
+11.2%
130
Palmer Lake
Colorado

Palmer Lake is moderately more affordable than Eagle, with a 11.2% lower cost of living index. Eagle scores 144 compared to 130 for Palmer Lake, where the US average is 100. This difference means residents of Eagle can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Eagle is $1,706/month compared to $1,913/month in Palmer Lake — a 11% difference. Interestingly, home values tell a different story: while Eagle has cheaper rent, Palmer Lake actually has lower median home values ($454,000 vs $693,600).

Median household income in Eagle is $103,850 compared to $122,855 in Palmer Lake (-15.5%). Palmer Lake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Eagle spend roughly 19.7% of their income on rent, more than the 18.7% in Palmer Lake.

Income & Cost

Cost of Living Index
Eagle
144
Palmer Lake
130
10% cheaper
Median Household Income
Eagle
$103,850
Palmer Lake
$122,855
15% higher

Housing

Median Rent
Eagle
$1,706
11% cheaper
Palmer Lake
$1,913
Median Home Value
Eagle
$693,600
Palmer Lake
$454,000
35% cheaper
Population
Eagle
7,479
Palmer Lake
2,635

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Eagle
Palmer Lake $2.95
US $3.07
🥚
Eggs (grade A, large)
Eagle
Palmer Lake $2.41
US $2.50
🥛
Milk (whole)
Eagle
Palmer Lake $3.88
US $4.03
🍞
Bread (white)
Eagle
Palmer Lake $1.78
US $1.85
🍗
Chicken breast
Eagle
Palmer Lake $3.99
US $4.14
Electricity
Eagle
Palmer Lake $0.15
US $0.19