Total monthly cost of ownership
Cost to Own a Home in Burlington, Colorado
A $199,000 home here costs
$1,554per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,023. The real number is $531 higher every month — 52% 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.
Burlington against Kit Carson County and Colorado
| Measure | Burlington | Kit Carson County |
|---|---|---|
| Median home value | $199,000 | $221,400 |
| Median property tax | $1,130 | $1,141 |
| Effective tax rate | 0.568% | 0.515% |
| Median gross rent | $1,025 | $916 |
| Population | 3,165 | 7,015 |
The weather behind that power bill
Burlington sits in Kit Carson County, which averages a high of 89.6°F in its hottest month and a low of 17.7°F in its coldest, with 18.81" of precipitation a year and 47% of it in a single three-month stretch. That climate drives 901 cooling and 5,821 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Kit Carson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Kit Carson County
No other places of this size are published in Kit Carson County.
Full Kit Carson County cost breakdown · Every county in Colorado
Common questions
How much does it cost to own a home in Burlington?
A $199,000 home in Burlington, Colorado costs approximately $1,554 per month with 20% down at 6.66%. That is $1,023 principal and interest, $94 property tax, $58 homeowners insurance, $213 utilities and $166 set aside for maintenance.
What is the property tax rate in Burlington?
Burlington has an effective property tax rate of 0.568%, based on a median home value of $199,000 and median real estate taxes of $1,130. That is higher than the Kit Carson County average of 0.515%.
What is the average home price in Burlington?
The median owner-occupied home value in Burlington, Colorado is $199,000, against $221,400 across Kit Carson County.
Is it cheaper to rent or buy in Burlington?
Median gross rent in Burlington is $1,025 a month, against $1,554 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 Burlington — 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.