Total monthly cost of ownership
Cost to Own a Home in Mountain Village, Colorado
A $2,000,000 home here costs
$13,235per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $10,282. The real number is $2,953 higher every month — 29% 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.
Mountain Village against San Miguel County and Colorado
| Measure | Mountain Village | San Miguel County |
|---|---|---|
| Median home value | $2,000,001 | $613,100 |
| Median property tax | $5,912 | $1,599 |
| Effective tax rate | 0.296% | 0.261% |
| Median gross rent | $885 | $1,173 |
| Population | 1,713 | 8,026 |
The weather behind that power bill
Mountain Village sits in San Miguel County, which averages a high of 85.2°F in its hottest month and a low of 13.3°F in its coldest, with 15.75" of precipitation a year and 39% of it in a single three-month stretch. That climate drives 268 cooling and 6,862 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for San Miguel County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in San Miguel County
Full San Miguel County cost breakdown · Every county in Colorado
Common questions
How much does it cost to own a home in Mountain Village?
A $2,000,000 home in Mountain Village, Colorado costs approximately $13,235 per month with 20% down at 6.66%. That is $10,282 principal and interest, $493 property tax, $580 homeowners insurance, $213 utilities and $1,667 set aside for maintenance.
What is the property tax rate in Mountain Village?
Mountain Village has an effective property tax rate of 0.296%, based on a median home value of $2,000,001 and median real estate taxes of $5,912. That is higher than the San Miguel County average of 0.261%.
What is the average home price in Mountain Village?
The median owner-occupied home value in Mountain Village, Colorado is $2,000,001, against $613,100 across San Miguel County.
Is it cheaper to rent or buy in Mountain Village?
Median gross rent in Mountain Village is $885 a month, against $13,235 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 Mountain Village — 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.