salaryRent is higher than in 72% of U.S. cities. A typical house costs about 7.9 years of household income, so buying is hard for most locals. Commutes are short, about 14.3 minutes. It is a highly educated city: 60.4% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $82,840 a year. That is $40 an hour at a full-time job.
Is rent cheaper than other Colorado cities?
Yes. Rent here is cheaper than in most of Colorado. It is number 55 of 112 cities from cheapest to most expensive.
How much do households earn in Durango?
Share of households by yearly income. 28.4% of households earn $100,000 or more.
Rent by apartment size in Durango
| Size | Durango | U.S. average |
|---|---|---|
| Studio | $1,284 | $1,338 |
| 1 bedroom | $1,329 | $1,324 |
| 2 bedrooms | $1,892 | $1,509 |
| 3 bedrooms | $2,183 | $1,698 |
| 4 bedrooms | $1,590 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Durango overall?
Everyday prices in Colorado overall are 3% above the U.S. average (index 103.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Durango, so the Colorado figure is shown.
Taxes and bills in Durango
Life in Durango
Is it cheaper to rent or buy in Durango?
Renting is cheaper right now: about $2,567 a month less.
Owning assumes a typical $668,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $66,840 for the down payment.
Frequently asked questions
What is the average rent in Durango, CO?
Renting in Durango costs a median of about $2,071 a month in 2026, including utilities. The Colorado median is $2,080.
How much do I need to make to live in Durango?
To keep rent under 30% of income, you need about $82,840 a year, or $40 an hour at a full-time job.
Is Durango cheap or expensive?
Durango is rated OK: rent takes 29.3% of the typical household income of $84,772. It ranks 55th cheapest of 112 Colorado cities we track.
How much are property taxes in Durango?
The median homeowner in Durango pays $1,443 a year in property taxes, about 0.22% of the median home value.
Is Durango more expensive than the national average?
Overall prices in Colorado are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Durango?
The median home value in Durango is $668,400, about 7.9 times the typical yearly household income.
19,411 people live in Durango. Numbers are typical (middle) values.