Total monthly cost of ownership
Cost to Own a Home in Pagosa Springs, Colorado
A $354,000 home here costs
$2,542per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,820. The real number is $722 higher every month — 40% 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.
Pagosa Springs against Archuleta County and Colorado
| Measure | Pagosa Springs | Archuleta County |
|---|---|---|
| Median home value | $353,800 | $451,400 |
| Median property tax | $1,339 | $1,541 |
| Effective tax rate | 0.378% | 0.341% |
| Median gross rent | $1,068 | $1,409 |
| Population | 1,718 | 13,730 |
The weather behind that power bill
Pagosa Springs sits in Archuleta County, which averages a high of 88.2°F in its hottest month and a low of 10.2°F in its coldest, with 17.37" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 263 cooling and 6,647 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Archuleta County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Archuleta County
No other places of this size are published in Archuleta County.
Full Archuleta County cost breakdown · Every county in Colorado
Common questions
How much does it cost to own a home in Pagosa Springs?
A $354,000 home in Pagosa Springs, Colorado costs approximately $2,542 per month with 20% down at 6.66%. That is $1,820 principal and interest, $112 property tax, $103 homeowners insurance, $213 utilities and $295 set aside for maintenance.
What is the property tax rate in Pagosa Springs?
Pagosa Springs has an effective property tax rate of 0.378%, based on a median home value of $353,800 and median real estate taxes of $1,339. That is higher than the Archuleta County average of 0.341%.
What is the average home price in Pagosa Springs?
The median owner-occupied home value in Pagosa Springs, Colorado is $353,800, against $451,400 across Archuleta County.
Is it cheaper to rent or buy in Pagosa Springs?
Median gross rent in Pagosa Springs is $1,068 a month, against $2,542 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 Pagosa Springs — 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.