Penrose, CO vs Rifle, CO

Penrose is moderately more affordable than Rifle, with a 5.5% lower cost of living index. Penrose scores 98 compared to 104 for Rifle, where the US average is 100. This difference means residents of Rifle can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Penrose are $276,100 compared to $377,900 in Rifle, a 27% gap.

Median household income in Penrose is $75,109 compared to $80,629 in Rifle (-6.8%). While Rifle is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.