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Cost of Living in Ouray County

Is it better to rent or buy in Ouray County? 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.

$90,831
$1,846/mo

Median in area: $1,846

$746,873

Median in area: $746,873

$149,375

If you Rent

🔑
$2,086 /mo
Base Rent$1,846
Est. Utilities$240
% of Income27.6%
Pre-tax Residual$5,483

If you Buy

🏠
$4,388 /mo
P&I (6.87%)$3,923
Taxes & Ins$225
Est. Utilities$240
% of Income58.0%
Pre-tax Residual$3,181

Compare Nearby Areas

See how Ouray County stacks up against neighboring areas.

countyGunnison County, CO
$1,359/mo
countySan Juan County, CO
$992/mo
countyHinsdale County, CO
$1,171/mo
countySan Miguel County, CO
$1,821/mo
countyMontrose County, CO
$1,203/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Ouray County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Ouray County. The estimated all-in monthly cost for renting is $2,086, while owning a median-priced home with a 20% down payment is roughly $4,388 per month (a difference of $2,302).

How much do utilities cost in Ouray County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Ouray County is approximately $240. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Ouray County?›

To comfortably afford the median rent and utilities in Ouray County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $83,440 per year.