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Colorado Springs, CO

Cost of living in Teller County, CO

Part of the Colorado Springs Metro Area

Estimated monthly cost
$3,441/mo
for a single person, all categories combined

Population 24,774 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $1,323 38%
Federal tax $575 17%
Healthcare $480 14%
Groceries $359 10%
Transport $320 9%
State tax $166 5%
Energy $158 5%
Water $60 2%

Rent in Teller County

Fair Market Rents by bedroom count.

Studio
$1,005
per month
1 bedroom
$1,323
per month
2 bedroom
$1,465
per month
3 bedroom
$2,053
per month
4 bedroom
$2,460
per month

Source: HUD FMR FY2025

Income and earnings in Teller County

Annual earnings figures from the Census ACS.

Household income
$80,666
per year
Individual earnings
$45,207
per year
Per capita
$46,242
per year

Source: ACS 2019-2023 5-Year.

Home values in Teller County

Average values reported by homeowners.

Average home value
$445,000
Annual property tax
$1,583

Source: ACS 2019-2023 5-Year

Energy costs in Teller County

Estimated monthly electricity and gas costs.

Electricity
$106
per month · 15.2¢/kWh
Natural gas
$52
per month
Annual total
$1,896
per year

Source: EIA

Healthcare in Teller County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
7.0%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Teller County

State and local tax rates for Colorado.

State income tax
4.4%
Flat rate
State sales tax
2.9%
Combined sales tax
7.8%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Teller County

Commute patterns and estimated costs.

Average commute
32.2 min
Drive alone
72.5%
Public transit
0.1%
Work from home
15.8%

Source: ACS

Monthly cost estimates for Teller County

What it costs to live in Teller County each month.

Single person
$3,441
per month
  • Rent $1,323
  • Energy $158
  • Water $60
  • Groceries $359
  • Transport $320
  • Healthcare $480
  • Federal tax $575
  • State tax $166
Couple
$4,890
per month
  • Rent $1,465
  • Energy $190
  • Water $70
  • Groceries $595
  • Transport $420
  • Healthcare $864
  • Federal tax $990
  • State tax $296
Family
$7,634
per month
  • Rent $2,053
  • Energy $237
  • Water $85
  • Groceries $903
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $990
  • State tax $296

Frequently asked questions about Teller County

Common questions about cost of living, rent and salary.

What is the average rent in Teller County?

In Teller County, CO, a one-bedroom apartment averages $1,323 per month, a two-bedroom averages $1,465 per month, a three-bedroom averages $2,053 per month, according to HUD Fair Market Rent data.

What is the average salary in Teller County?

In Teller County, CO, the average household income is $80,666 per year and individual earnings for full-time workers average $45,207 per year, according to U.S. Census Bureau data.

What is the cost of living in Teller County?

The estimated cost of living in Teller County, CO is approximately $3,441 per month for a single person, $4,890 for a couple, $7,634 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Teller County?

The combined sales tax rate in Teller County, CO is 7.77%, which includes the Colorado state rate of 2.90% plus an average local rate of 4.87%.

Is Teller County an affordable place to live?

Based on the data, a single person in Teller County, CO would need approximately $3,441 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $80,666 per year ($6,722 per month). Teller County has a moderate cost of living relative to local earnings.

How much does healthcare cost in Teller County?

The ACA marketplace benchmark premium in Teller County, CO is approximately $480 per month for an individual. Approximately 7.0% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Teller County?

The average home value in Teller County, CO is $445,000, with average annual property taxes of $1,583, according to U.S. Census Bureau data.

How does Teller County compare to other areas?

You can compare Teller County, CO with any other US county using our comparison tool at /compare. Teller County is in the Colorado Springs, CO metro area.

Other counties in Colorado

Browse the full list of counties in Colorado, ranked by cost of living.

See all counties in Colorado

Compare Teller County with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources