Cost of Living in Park County, Colorado

$1,942/mo
Median Monthly Rent
$489,300
Median Home Value
55% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,942/mo
55% above state average
Median Home Value
$489,300
74% above national
Rent-to-Income Ratio
29.0%
% 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 Park County Compares

Median monthly rent comparison

Park County$1,942/mo
Colorado Average$1,253/mo
National Median$1,163/mo

Detailed Housing Stats

$1,942/mo
Median Gross Rent
$489,300
Median Home Value
$1,598/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Park County, Colorado

Park County: highest income, tightest ratios

Park County renters spend 24.4% of income on housing—above the 30% affordability ceiling and the highest burden in our sample. Yet median household income of $95,450 is 28% above the U.S. average, indicating an ultra-wealthy community where high rents ($1,942/month) strain even affluent households.

Colorado's priciest market, thin margins

Park County's rent-to-income ratio of 24.4% exceeds Colorado's state average by 4.2 points, making it the state's most rental-burdened market in our sample. Median rents of $1,942/month are 55% above the state median, reflecting the county's proximity to Denver and mountain resort prestige.

Outlier costs, outlier incomes

Park County's $1,942 rent nearly doubles Ouray County's ($1,398) and quintuples Otero County's ($796), positioning it as Colorado's clear premium market. Its $95,450 median income is the highest in our sample, yet even this cannot prevent housing from consuming nearly a quarter of monthly earnings.

Renters squeezed despite high wages

Renters pay $1,942/month while homeowners spend $1,598 on median homes valued at $489,300—an unusual pattern where ownership remains cheaper but both are steep. At $95,450 income, even affluent Park County households allocate 24% (renters) or 20% (owners) to housing, the highest burden in our sample.

Denver metro's exclusive price frontier

Park County appeals only to high-income professionals or executives willing to accept America's tightest renter ratios (24.4%) for proximity to Denver and world-class amenities. If you're seeking mountain living with better affordability, Ouray County or Montrose County offer similar lifestyles at substantially lower costs.

Affordability Calculator

See how your income compares to housing costs in Park County

$

Rent Burden

24.4%

of gross income

Max Housing (28% Rule)

$2,227

per month

Owner Cost Burden

20.1%

of gross income

The median home in Park County may be a stretch

Median home value is $489,300. Estimated monthly cost: $3,906 vs. your max of $2,227.

Rent Affordability Guide

Your rent-to-income ratio24.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Park County, Colorado?
Park County, Colorado has a median monthly rent of $1,942/mo and a median home value of $489,300. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Park County?
The median gross rent in Park County is $1,942/mo. This is 55% above state average for Colorado.
Is Park County affordable?
Park County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Park County's rent compare to the state average?
Park County's median rent of $1,942/mo is 55% above state average of $1,253/mo for Colorado.
What is the median home value in Park County?
The median home value in Park County, Colorado is $489,300. This is 74% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.