How your housing costs change when you relocate. Based on 2026 data with 10% down, 6.5% rate, 30-year fixed.
Your housing costs will increase by approximately $980 per month ($11,760/year) when you move from Texas to Colorado.
If you sell your median-priced Texas home ($310K) and buy in Colorado ($520K):
Your Texas equity falls $11K short of a 20% down payment in Colorado. You may need additional savings or could consider a lower down payment with PMI.
Over 10 years, this move costs you approximately $118K in housing costs alone.
Housing costs more in Colorado. The median home is 40% higher than in Texas — a $210K jump. You may need to adjust your expectations on square footage or location, or come with a larger down payment to keep your monthly costs manageable.
Good news on taxes: Colorado's 0.51% property tax rate is significantly lower than Texas's 1.8%. You'll save approximately $2,928 per year on property taxes, which adds up to $29K over a decade.
You'll save on insurance moving to Colorado: $3,200/year versus $3,800/year in Texas. That's $600 less per year in premiums, putting $50 back in your monthly budget.
When you buy in Colorado, expect about $7K in closing costs (1.4% of purchase price). This includes a 0.01% transfer tax. Budget for this amount on top of your down payment.
Colorado's CHFA Down Payment Assistance offers Up to $25,000 second mortgage. If you haven't owned a home in three years (or are buying in Colorado for the first time), you may qualify. Check eligibility requirements and income limits on Colorado's housing finance agency website.