Total monthly cost of ownership
Cost to Own a Home in Wiggins, Colorado
A $323,000 home here costs
$2,394per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,661. The real number is $733 higher every month — 44% 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.
Wiggins against Morgan County and Colorado
| Measure | Wiggins | Morgan County |
|---|---|---|
| Median home value | $322,900 | $299,300 |
| Median property tax | $1,882 | $1,574 |
| Effective tax rate | 0.583% | 0.526% |
| Median gross rent | $1,392 | $1,092 |
| Population | 1,202 | 29,186 |
The weather behind that power bill
Wiggins sits in Morgan County, which averages a high of 90.2°F in its hottest month and a low of 12.7°F in its coldest, with 14.28" of precipitation a year and 48% of it in a single three-month stretch. That climate drives 817 cooling and 6,321 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Morgan County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Morgan County
Full Morgan County cost breakdown · Every county in Colorado
Common questions
How much does it cost to own a home in Wiggins?
A $323,000 home in Wiggins, Colorado costs approximately $2,394 per month with 20% down at 6.66%. That is $1,661 principal and interest, $157 property tax, $94 homeowners insurance, $213 utilities and $269 set aside for maintenance.
What is the property tax rate in Wiggins?
Wiggins has an effective property tax rate of 0.583%, based on a median home value of $322,900 and median real estate taxes of $1,882. That is higher than the Morgan County average of 0.526%.
What is the average home price in Wiggins?
The median owner-occupied home value in Wiggins, Colorado is $322,900, against $299,300 across Morgan County.
Is it cheaper to rent or buy in Wiggins?
Median gross rent in Wiggins is $1,392 a month, against $2,394 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 Wiggins — 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.