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Cost of Living in Teller County

Is it better to rent or buy in Teller 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.

$86,185
$1,819/mo

Median in area: $1,819

$474,210

Median in area: $474,210

$94,842

If you Rent

🔑
$2,077 /mo
Base Rent$1,819
Est. Utilities$258
% of Income28.9%
Pre-tax Residual$5,105

If you Buy

🏠
$3,066 /mo
P&I (6.936%)$2,508
Taxes & Ins$300
Est. Utilities$258
% of Income42.7%
Pre-tax Residual$4,116

Compare Nearby Areas

See how Teller County stacks up against neighboring areas.

countyJefferson County, CO
$2,092/mo
countyDouglas County, CO
$2,636/mo
countyFremont County, CO
$1,056/mo
countyPark County, CO
$2,466/mo
countyEl Paso County, CO
$1,853/mo

Cost of Living FAQs

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

Based on median housing data, renting is currently more affordable on a monthly basis in Teller County. The estimated all-in monthly cost for renting is $2,077, while owning a median-priced home with a 20% down payment is roughly $3,066 per month (a difference of $989).

How much do utilities cost in Teller County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Teller County is approximately $258. This estimate uses local utility rate schedules combined with median energy consumption profiles.

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

To comfortably afford the median rent and utilities in Teller County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $83,080 per year.