Cost of Living in Teller County, Colorado
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Teller County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Teller County, Colorado
Teller County's rent affordability problem
Teller County's 26.0% rent-to-income ratio far exceeds both Colorado's 20.2% average and national norms, signaling a serious affordability squeeze for renters. At $1,746 monthly rent on an $80,666 median income, Teller residents pay a larger share of earnings for housing than peers nationwide.
Colorado's least affordable for renters
Teller County's 26.0% rent-to-income ratio is the highest in this eight-county sample and significantly above Colorado's 20.2% state average, making it the state's toughest rental market. Despite a respectable $80,666 median income, renters here dedicate more to housing than almost any Colorado county.
Mountain rents with Plains-level income
Teller's $1,746 rent rivals Summit County's mountain premium but on an income ($80,666) far below Summit's $106,255, creating affordability stress absent elsewhere. Even compared to San Miguel ($1,173) and San Juan ($1,076), Teller renters pay 50% more while earning similar incomes—an unsustainable mismatch.
Renters squeezed, owners more stable
Teller renters face the region's worst squeeze, dedicating 26% of income to $1,746 monthly rent, while homeowners pay a more manageable $1,422 (21% of income). This 5-percentage-point gap suggests renting in Teller is a losing proposition compared to ownership for households able to purchase.
Consider ownership or reconsider location
Teller County works only for homebuyers earning $80,666-plus who can access a $445,000 home purchase; renters face unaffordable $1,746 monthly costs. If you're relocating as a renter, nearby San Juan or San Miguel counties offer mountain proximity with dramatically better rent-to-income ratios.
Affordability Calculator
See how your income compares to housing costs in Teller County
Rent Burden
26.0%
of gross income
Max Housing (28% Rule)
$1,882
per month
Owner Cost Burden
21.2%
of gross income
The median home in Teller County may be a stretch
Median home value is $445,000. Estimated monthly cost: $3,553 vs. your max of $1,882.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.