Total monthly cost of ownership
Cost to Own a Home in Carbondale, Colorado
A $796,000 home here costs
$5,508per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $4,092. The real number is $1,416 higher every month — 35% 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.
Carbondale against Garfield County and Colorado
| Measure | Carbondale | Garfield County |
|---|---|---|
| Median home value | $796,100 | $490,600 |
| Median property tax | $3,704 | $2,095 |
| Effective tax rate | 0.465% | 0.427% |
| Median gross rent | $2,255 | $1,515 |
| Population | 6,553 | 62,034 |
The weather behind that power bill
Carbondale sits in Garfield County, which averages a high of 92.1°F in its hottest month and a low of 13.4°F in its coldest, with 10.73" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 631 cooling and 6,398 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Garfield County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Garfield County
Full Garfield County cost breakdown · Every county in Colorado
Common questions
How much does it cost to own a home in Carbondale?
A $796,000 home in Carbondale, Colorado costs approximately $5,508 per month with 20% down at 6.66%. That is $4,092 principal and interest, $308 property tax, $231 homeowners insurance, $213 utilities and $663 set aside for maintenance.
What is the property tax rate in Carbondale?
Carbondale has an effective property tax rate of 0.465%, based on a median home value of $796,100 and median real estate taxes of $3,704. That is higher than the Garfield County average of 0.427%.
What is the average home price in Carbondale?
The median owner-occupied home value in Carbondale, Colorado is $796,100, against $490,600 across Garfield County.
Is it cheaper to rent or buy in Carbondale?
Median gross rent in Carbondale is $2,255 a month, against $5,508 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 Carbondale — 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.