Colorado · Census, HUD and BEA figures · Updated

Cost of Living in Teller County, CO

Prices around Teller County, CO run 0.7% above the U.S. average (BEA, the metro area). The typical household there earns $85,361 a year, and HUD puts a two-bedroom at $1,493 a month. Keeping that rent under 30% of income takes about $59,720 a year.

Teller County, CO at a glance

Median household income

$85,361$7,113 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,493HUD FY2026 Fair Market Rent
Price level (U.S. = 100)100.7+0.7% · BEA, the metro area
Electricity17.1¢per kWh · EIA Residential CO
Population24,825Census ACS 5-year estimate

How much rent can you afford in Teller County, CO?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,493Monthly market rent
Share of gross income21%Recommended max: 30%
Annual income needed$59,720To meet the 30% standard
Max affordable rent$2,134At 30% of $85,361
0%30% (Affordability standard)100%
Compare against:

How much is rent in Teller County, CO? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Teller County, CO HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Teller County, CO, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,029$12,348$41,16014.5%
1-Bedroom Apartment$1,362$16,344$54,48019.1%
2-Bedroom ApartmentBenchmark$1,493$17,916$59,72021%
3-Bedroom Home$2,076$24,912$83,04029.2%
4-Bedroom Home$2,505$30,060$100,20035.2%

Rent in Teller County, CO, with the wage each unit needs →

What a typical income covers in Teller County, CO

The 50/30/20 rule applied to the local median of $85,361 a year ($7,113 a month before tax).

Needs (50%)$3,557/moRent ($1,493 2-BR), utilities (~$154/mo), groceries, transit
Wants (30%)$2,134/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,423/moEmergency fund, retirement, paying down loans

What $85,361 leaves after Colorado taxes

Federal income tax, Social Security, Medicare and Colorado tax on the local median income. Change the salary to see yours.

$85,361
$30,000$175,000
Filing status:
Gross salary breakdown$85,361
Net 77%
Fed 12%
CO 4%
FICA 8%
Annual take-home$65,834After all taxes
Monthly deposit$5,486Estimated per month
Biweekly paycheck$2,532Every 2 weeks (26/yr)
Effective tax rate22.9%Total tax burden
Federal income tax$9,949 / yr
Colorado state income tax$3,047 / yr
FICA (Social Security & Medicare)$6,530 / yr

Living in Teller County, CO: common questions

What is the median household income in Teller County, CO?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Teller County, CO is $85,361 per year (approximately $7,113 per month).

What is the average rent in Teller County, CO?

The closest official figure is HUD's Fair Market Rent for 2026: $1,029 for a studio, $1,362 for one bedroom, $1,493 for two, $2,076 for three and $2,505 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Teller County, CO expensive to live in?

Prices there run 0.7% above the U.S. average. BEA's regional price parity for the metro area is 100.7, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Teller County, CO?

To keep a $1,493 two-bedroom under 30% of gross income, a household needs about $59,720 a year, or $4,977 a month. That is 70% of what the typical household in Teller County, CO earns.

How much do you need to live comfortably in Teller County, CO?

On the local median income of $85,361 ($7,113 a month before tax), the 50/30/20 rule leaves $3,557 a month for needs like rent, utilities and groceries, $2,134 for everything else and $1,423 for savings or debt. A two-bedroom at $1,493 takes 42% of the needs share.

How much is the electric bill in Teller County, CO?

Homes in Colorado paid 17.1¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $154. Your bill depends mostly on heating and cooling.