Fairmount, CO vs Penrose, CO

The cost of living difference between Fairmount, CO and Penrose, CO is dramatic. Penrose is 79.7% cheaper than Fairmount, a gap that translates to thousands of dollars per year in household expenses. Fairmount has a cost index of 176 while Penrose sits at 98, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Fairmount are $772,600 compared to $276,100 in Penrose, a 180% gap.

Median household income in Fairmount is $163,785 compared to $75,109 in Penrose (+118.1%). While Fairmount is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.