Total monthly cost of ownership
Cost to Own a Home in Telluride, Colorado
A $390,000 home here costs
$2,763per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,005. The real number is $758 higher every month — 38% 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.
Telluride against San Miguel County and Colorado
| Measure | Telluride | San Miguel County |
|---|---|---|
| Median home value | $390,300 | $613,100 |
| Median property tax | $1,284 | $1,599 |
| Effective tax rate | 0.329% | 0.261% |
| Median gross rent | $2,269 | $1,173 |
| Population | 2,595 | 8,026 |
The weather behind that power bill
Telluride 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 Telluride?
A $390,000 home in Telluride, Colorado costs approximately $2,763 per month with 20% down at 6.66%. That is $2,005 principal and interest, $107 property tax, $113 homeowners insurance, $213 utilities and $325 set aside for maintenance.
What is the property tax rate in Telluride?
Telluride has an effective property tax rate of 0.329%, based on a median home value of $390,300 and median real estate taxes of $1,284. That is higher than the San Miguel County average of 0.261%.
What is the average home price in Telluride?
The median owner-occupied home value in Telluride, Colorado is $390,300, against $613,100 across San Miguel County.
Is it cheaper to rent or buy in Telluride?
Median gross rent in Telluride is $2,269 a month, against $2,763 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 Telluride — 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.