Total monthly cost of ownership
Cost to Own a Home in Ignacio, Colorado
A $252,000 home here costs
$1,833per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,296. The real number is $538 higher every month — 42% 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.
Ignacio against La Plata County and Colorado
| Measure | Ignacio | La Plata County |
|---|---|---|
| Median home value | $252,200 | $549,100 |
| Median property tax | $498 | $1,452 |
| Effective tax rate | 0.197% | 0.264% |
| Median gross rent | $1,146 | $1,409 |
| Population | 1,255 | 56,088 |
The weather behind that power bill
Ignacio sits in La Plata County, which averages a high of 85.0°F in its hottest month and a low of 13.0°F in its coldest, with 19.62" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 276 cooling and 6,657 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for La Plata County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in La Plata County
Full La Plata County cost breakdown · Every county in Colorado
Common questions
How much does it cost to own a home in Ignacio?
A $252,000 home in Ignacio, Colorado costs approximately $1,833 per month with 20% down at 6.66%. That is $1,296 principal and interest, $41 property tax, $73 homeowners insurance, $213 utilities and $210 set aside for maintenance.
What is the property tax rate in Ignacio?
Ignacio has an effective property tax rate of 0.197%, based on a median home value of $252,200 and median real estate taxes of $498. That is lower than the La Plata County average of 0.264%.
What is the average home price in Ignacio?
The median owner-occupied home value in Ignacio, Colorado is $252,200, against $549,100 across La Plata County.
Is it cheaper to rent or buy in Ignacio?
Median gross rent in Ignacio is $1,146 a month, against $1,833 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 Ignacio — 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.