Cost of Living in Clear Creek County, Colorado

$1,230/mo
Median Monthly Rent
$572,800
Median Home Value

At a Glance

Median Monthly Rent
$1,230/mo
2% below state average
Median Home Value
$572,800
103% above national
Rent-to-Income Ratio
32.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Clear Creek County Compares

Median monthly rent comparison

Clear Creek County$1,230/mo
Colorado Average$1,253/mo
National Median$1,163/mo

Detailed Housing Stats

$1,230/mo
Median Gross Rent
$572,800
Median Home Value
$1,794/mo
Monthly Owner Cost
32.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Clear Creek County ranks #1,608 of 3,144 counties for affordability (bottom 49%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Clear Creek County, Colorado

Clear Creek: high income, balanced costs

Clear Creek County's median household income of $96,667 is 29% above the national average, and its rent-to-income ratio of 15.3% beats most American markets. This mountain county balances premium lifestyle with reasonable housing cost burden.

Affordable mountain living with strong earnings

Clear Creek's 15.3% rent-to-income ratio ties it as one of Colorado's most affordable counties despite mountain location, while its $96,667 median income ranks among the state's highest. This combination of strong wages and moderate housing costs is rare.

Rent cheaper than Chaffee, higher than Custer

Clear Creek's $1,230 median rent falls between Chaffee County's $1,514 and Custer County's $1,021, offering middle-ground pricing for the mountain West. Yet homeownership costs ($1,794 monthly) exceed neighboring counties, reflecting premium mountain property values.

High earners keep housing burden low

Despite $572,800 median home values, Clear Creek renters spend only 15.3% of their $96,667 income on rent, thanks to relatively strong local earnings. Homeowners pay 22.3% of income toward monthly costs—higher than renters but manageable for this high-earning county.

Move to Clear Creek for mountain life

If you earn above-average income and value mountain amenities, Clear Creek delivers—your strong salary cushions the premium home prices. This county rewards higher earners with urban-quality housing affordability in a stunning natural setting.

Cost of Living Advisory: Clear Creek County

Affordability Verdict

For renters in Clear Creek County, the market is affordable. Expect to pay around $1,230/month in gross rent, with 32.0% of renter households considered cost-burdened.

Rent vs. Own

At $1,230/month rent versus $1,794/month in owner costs, renting is roughly $564/month cheaper — a 31% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $49,200/year. For owner costs at the 28% rule, the required income is roughly $76,886/year. With a median household income of $96,667, most households can comfortably afford rent here. Notably, 32.0% of renter households in Clear Creek County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Clear Creek County sits 5% more expensive than San Miguel County ($1,173/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Clear Creek County

$

Rent Burden

15.3%

of gross income

Max Housing (28% Rule)

$2,256

per month

Owner Cost Burden

22.3%

of gross income

The median home in Clear Creek County may be a stretch

Median home value is $572,800. Estimated monthly cost: $4,573 vs. your max of $2,256.

Rent Affordability Guide

Your rent-to-income ratio15.3%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $96,667Needed: $49,200
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $96,667Needed: $76,886
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $96,667Needed: $133,306

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Clear Creek County, Colorado?
Clear Creek County, Colorado has a median monthly rent of $1,230/mo and a median home value of $572,800. The affordability rating is Unaffordable, with rent making up approximately 32.0% of median household income.
What is the median rent in Clear Creek County?
The median gross rent in Clear Creek County is $1,230/mo. This is 2% below state average for Colorado.
Is Clear Creek County affordable?
Clear Creek County is rated Unaffordable based on rent-to-income ratio of 32.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Clear Creek County's rent compare to the state average?
Clear Creek County's median rent of $1,230/mo is 2% below state average of $1,253/mo for Colorado.
What is the median home value in Clear Creek County?
The median home value in Clear Creek County, Colorado is $572,800. This is 103% above the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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