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Montrose, CO

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
79
Affordable
Median Home Value
$359,000
National: $426,735
Median Rent
$1,117/mo
National: $1,527/mo
Household Income
$63,177
National: $84,532
Population
20,703
Purchasing Power
95
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
84 / 100
100 = national average
Rent Index
73 / 100
Overall Index
79
Affordable

Montrose Mortgage Calculator

Pre-filled with the local median home value of $359,000 and Colorado's property tax rate of 0.51%.

Salary & Purchasing Power

Median household income is $63,177 25% below the national average.

What $63,177 in Montrose Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$120,756+91%
Los Angeles, CA$135,951+115%
Houston, TX$56,779-10%
Philadelphia, PA$54,380-14%

Property Tax in Montrose, CO

Est. Annual Property Tax
$1,831
Monthly Impact
$153
Added to your mortgage
Effective Rate
0.51%
National avg: ~1.00%

Colorado Tax Overview

Tax TypeColoradoNational Avg
Property Tax Rate0.51%1.00%
Top Income Tax Rate4.4%~5.0%
State Sales Tax7.79%~5.0%

Compare Montrose to Another City

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Cost of Living Comparison

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Montrose, CO
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Montrose, CO: 84
Rent Prices
73
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR