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Colorado Mortgage Payment Calculator โ€” Updated 2026

State abbreviation: CO

In Colorado, the median home price is $525,000 as of 2026. Property taxes run at 0.51% of home value annually, and homeowners insurance averages $1440/year. The state income tax rate is 4.63%, which affects your ability to itemize deductions on mortgage interest. The cost of living index in Colorado is 110 (100 = national average).

Colorado Financial Data (2026)

State Tax Rate
4.63%
Property Tax Rate
0.51%
Median Home Price
$525,000
Avg Insurance Cost
$1,440/year
Cost of Living Index
110
State Abbreviation
CO