Total monthly cost of ownership
Cost to Own a Home in Mancos, Colorado
A $344,000 home here costs
$2,453per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,769. The real number is $685 higher every month — 39% 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.
Mancos against Montezuma County and Colorado
| Measure | Mancos | Montezuma County |
|---|---|---|
| Median home value | $343,900 | $308,100 |
| Median property tax | $1,020 | $915 |
| Effective tax rate | 0.297% | 0.297% |
| Median gross rent | $962 | $974 |
| Population | 1,016 | 26,204 |
The weather behind that power bill
Mancos sits in Montezuma County, which averages a high of 90.5°F in its hottest month and a low of 16.6°F in its coldest, with 11.79" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 681 cooling and 5,817 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Montezuma County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Montezuma County
Full Montezuma County cost breakdown · Every county in Colorado
Common questions
How much does it cost to own a home in Mancos?
A $344,000 home in Mancos, Colorado costs approximately $2,453 per month with 20% down at 6.66%. That is $1,769 principal and interest, $85 property tax, $100 homeowners insurance, $213 utilities and $287 set aside for maintenance.
What is the property tax rate in Mancos?
Mancos has an effective property tax rate of 0.297%, based on a median home value of $343,900 and median real estate taxes of $1,020. That is in line with the Montezuma County average of 0.297%.
What is the average home price in Mancos?
The median owner-occupied home value in Mancos, Colorado is $343,900, against $308,100 across Montezuma County.
Is it cheaper to rent or buy in Mancos?
Median gross rent in Mancos is $962 a month, against $2,453 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 Mancos — 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.