Total monthly cost of ownership
Cost to Own a Home in Breckenridge, Colorado
A $757,000 home here costs
$5,227per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $3,892. The real number is $1,336 higher every month — 34% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Breckenridge against Summit County and Colorado
| Measure | Breckenridge | Summit County |
|---|---|---|
| Median home value | $757,100 | $850,700 |
| Median property tax | $3,265 | $2,641 |
| Effective tax rate | 0.431% | 0.310% |
| Median gross rent | $1,438 | $1,851 |
| Population | 5,001 | 30,857 |
The weather behind that power bill
Breckenridge sits in Summit County, which averages a high of 75.0°F in its hottest month and a low of 1.5°F in its coldest, with 14.89" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 0 cooling and 10,736 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Summit County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Summit County
Full Summit County cost breakdown · Every county in Colorado
Common questions
How much does it cost to own a home in Breckenridge?
A $757,000 home in Breckenridge, Colorado costs approximately $5,227 per month with 20% down at 6.66%. That is $3,892 principal and interest, $272 property tax, $220 homeowners insurance, $213 utilities and $631 set aside for maintenance.
What is the property tax rate in Breckenridge?
Breckenridge has an effective property tax rate of 0.431%, based on a median home value of $757,100 and median real estate taxes of $3,265. That is higher than the Summit County average of 0.310%.
What is the average home price in Breckenridge?
The median owner-occupied home value in Breckenridge, Colorado is $757,100, against $850,700 across Summit County.
Is it cheaper to rent or buy in Breckenridge?
Median gross rent in Breckenridge is $1,438 a month, against $5,227 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Breckenridge — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Colorado.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.