Cost of Living in Bennett, CO

Population 3,472 · Colorado · Data vintage 2023

124
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Bennett sits on the smaller end of the Colorado city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Bennett sits roughly 15 miles east of Aurora — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Aurora's $445,000 median.

Cost Overview

Housing 140
Rent 101

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Bennett

The median home value in Bennett is $426,500 — 40% above the national median of $305,000. Median rent runs $1,328/month, 1% higher than the national median of $1,314/month. The median household income of $92,450/year is 24% higher than the US median of $74,580. The local unemployment rate is 3.7%, below the national average of 4.8%. Colorado's top state income tax rate is 4.4% and the combined sales tax is 7.8%. Overall, Bennett has a cost of living index of 124 versus the US average of 100, meaning it is 24% more expensive.

🏠 Housing

Median Home Value
$426,500
40% above avg
Zillow Home Value
$140,067
Zillow ZHVI
Median Rent
$1,328/mo
1% above avg
Price-to-Rent Ratio
26.8x
Favors renting
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$884
1 BR
$960
2 BR
$1,251
3 BR
$1,611
4 BR
$2,004
Owner-occupied 88.0%
Renter-occupied 12.0%

💰 Estimated Monthly Budget

Rent median rent
$1,328
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,942/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
42.3 min
57% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.3%

Commute Mode

Drove alone
78.4%
Carpooled
7.2%
Walked
0.5%
Bicycle
0.8%
Work from home
7.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.4%
Total Sales Tax 7.8%
State rate 2.9%
Avg local rate 4.9%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$92,450
24% above avg
Per Capita Income
$39,847
Unemployment Rate
3.7%
24% below avg
Poverty Rate
5.0%
Labor Force Participation
66.2%

🎓 Education

Bachelor's degree+ 17.9%
Graduate degree 3.2%

👥 Demographics

Median Age 34
Male median age 34.8
Female median age 33.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
49%
Good air days/yr
174
Max AQI recorded
112
PM2.5 days
180
Ozone days

Frequently Asked Questions

What is the cost of living in Bennett, CO?

Bennett has a cost index of 124 (100 = national average). It is 24% above the national average.

What is average rent in Bennett, CO?

The median gross rent in Bennett is $1,328 per month based on 2023 Census data.

What is the average home price in Bennett?

The median home value in Bennett is $426,500 according to Zillow and Census data.

What is the median income in Bennett?

The median household income in Bennett is $92,450 per year (2023 ACS 5-year estimates).

What is the sales tax in Bennett, CO?

The combined state and local sales tax rate in Bennett is 7.8%. The Colorado state income tax top rate is 4.4%.

Is Bennett, CO affordable?

Bennett is above average in cost of living, with an index of 124 — about 24% higher than the national average.

Bennett at a Glance

Population
3,472
Median Income
$92,450
Home Value
$426,500
Median Rent
$1,328/mo
Unemployment
3.7%
Sales Tax
7.8%
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🗺️ County data for Colorado

Explore county-level cost of living data

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