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Cost of Living in Castle Rock

Is it better to rent or buy in Castle Rock? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$148,125
$2,468/mo

Median in area: $2,468

$704,126

Median in area: $704,126

$140,825

If you Rent

$2,728 /mo
Base Rent$2,468
Est. Utilities$260
% of Income22.1%
Pre-tax Residual$9,616

If you Buy

$4,465 /mo
P&I (6.829%)$3,683
Taxes & Ins$522
Est. Utilities$260
% of Income36.2%
Pre-tax Residual$7,879

Cost of Living FAQs

Is it cheaper to rent or buy in Castle Rock?›

Based on median housing data, renting is currently more affordable on a monthly basis in Castle Rock. The estimated all-in monthly cost for renting is $2,728, while owning a median-priced home with a 20% down payment is roughly $4,465 per month (a difference of $1,737).

How much do utilities cost in Castle Rock?›

The average monthly utility cost (electricity and natural gas) for a typical home in Castle Rock is approximately $260. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Castle Rock?›

To comfortably afford the median rent and utilities in Castle Rock without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $109,120 per year.