Total monthly cost of ownership
Cost to Own a Home in Greeley, Colorado
A $370,000 home here costs
$2,792per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $119,500 a year.
A standard mortgage calculator would have told you $2,049. The real number is $743 higher every month, 36% more than the payment most buyers budget for.
Compare Weld County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Greeley against Weld County and Colorado
| Measure | Greeley | Weld County |
|---|---|---|
| Median home value | $369,600 | $444,500 |
| Median property tax | $1,731 | $2,242 |
| Effective tax rate | 0.468% | 0.504% |
| Median gross rent | $1,333 | $1,469 |
| Population | 109,421 | 340,711 |
The weather behind that power bill
Greeley sits in Weld County, which averages a high of 90.0°F in its hottest month and a low of 9.4°F in its coldest, with 13.43" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 600 cooling and 6,855 heating degree days, which is what sets the $115 electricity line above.
See the full climate breakdown for Weld County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Weld County
Talk to someone who works this market
These are Greeley averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Greeley every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Greeley I already own here and may sell
Common questions
How much does it cost to own a home in Greeley?
A $370,000 home in Greeley, Colorado costs approximately $2,792 per month with 20% down at 7.4%. That is $2,049 principal and interest, $144 property tax, $107 homeowners insurance, $183 utilities and $308 set aside for maintenance.
What is the property tax rate in Greeley?
Greeley has an effective property tax rate of 0.468%, based on a median home value of $369,600 and median real estate taxes of $1,731. That is lower than the Weld County average of 0.504%.
What is the average home price in Greeley?
The median owner-occupied home value in Greeley, Colorado is $369,600, against $444,500 across Weld County.
Is it cheaper to rent or buy in Greeley?
Median gross rent in Greeley is $1,333 a month, against $2,792 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Greeley?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Greeley, Colorado at today's rate takes a household income of roughly $119,500 a year. That covers the full $2,792 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Greeley, 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.