Cost of Living in Summit County, CO

What does it cost to live in Summit County? Income, housing, and affordability breakdown.

Median Income

$100,611

Median Rent

$1,807/mo

Median Home

$760,000

Affordability

195

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$3,843
Property Tax$203
Insurance$253

Total Monthly$4,299
% of Income51.3%

Renting

Median Rent$1,807
Renter's Insurance$25

Total Monthly$1,832
% of Income21.6%

Living in Summit County, Colorado

Summit County has a median household income of $100,611 with housing costs that represent 51.3% of income for owners and 21.6% for renters. Housing costs exceed the recommended 30% threshold, suggesting affordability challenges.

The affordability index of 195 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Colorado

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.