Total monthly cost of ownership
Cost to Own a Home in Colorado City, Colorado
A $238,000 home here costs
$1,822per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,224. The real number is $599 higher every month — 49% 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.
Colorado City against Pueblo County and Colorado
| Measure | Colorado City | Pueblo County |
|---|---|---|
| Median home value | $237,700 | $271,800 |
| Median property tax | $1,417 | $1,382 |
| Effective tax rate | 0.596% | 0.508% |
| Median gross rent | $1,270 | $1,059 |
| Population | 1,791 | 168,726 |
The weather behind that power bill
Colorado City sits in Pueblo County, which averages a high of 93.4°F in its hottest month and a low of 15.4°F in its coldest, with 12.02" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 1,078 cooling and 5,334 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Pueblo County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pueblo County
Full Pueblo County cost breakdown · Every county in Colorado
Common questions
How much does it cost to own a home in Colorado City?
A $238,000 home in Colorado City, Colorado costs approximately $1,822 per month with 20% down at 6.66%. That is $1,224 principal and interest, $118 property tax, $69 homeowners insurance, $213 utilities and $198 set aside for maintenance.
What is the property tax rate in Colorado City?
Colorado City has an effective property tax rate of 0.596%, based on a median home value of $237,700 and median real estate taxes of $1,417. That is higher than the Pueblo County average of 0.508%.
What is the average home price in Colorado City?
The median owner-occupied home value in Colorado City, Colorado is $237,700, against $271,800 across Pueblo County.
Is it cheaper to rent or buy in Colorado City?
Median gross rent in Colorado City is $1,270 a month, against $1,822 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 Colorado City — 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.