Total monthly cost of ownership
Cost to Own a Home in Granby, Colorado
A $416,000 home here costs
$2,948per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,139. The real number is $809 higher every month — 38% 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.
Granby against Grand County and Colorado
| Measure | Granby | Grand County |
|---|---|---|
| Median home value | $415,700 | $507,200 |
| Median property tax | $1,544 | $1,763 |
| Effective tax rate | 0.371% | 0.348% |
| Median gross rent | $1,292 | $1,451 |
| Population | 2,195 | 15,794 |
The weather behind that power bill
Granby sits in Grand County, which averages a high of 79.2°F in its hottest month and a low of 0.1°F in its coldest, with 14.25" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 18 cooling and 9,756 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Grand County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Grand County
Common questions
How much does it cost to own a home in Granby?
A $416,000 home in Granby, Colorado costs approximately $2,948 per month with 20% down at 6.66%. That is $2,139 principal and interest, $129 property tax, $121 homeowners insurance, $213 utilities and $347 set aside for maintenance.
What is the property tax rate in Granby?
Granby has an effective property tax rate of 0.371%, based on a median home value of $415,700 and median real estate taxes of $1,544. That is higher than the Grand County average of 0.348%.
What is the average home price in Granby?
The median owner-occupied home value in Granby, Colorado is $415,700, against $507,200 across Grand County.
Is it cheaper to rent or buy in Granby?
Median gross rent in Granby is $1,292 a month, against $2,948 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 Granby — 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.