Cost of Living in Severance
Where the West Begins · Colorado's fastest-growing small town
What it costs to live in Severance
Adjust the sliders for your situation. Ranges reflect uncertainty in HOA and metro district fees, narrower is more confident.
Based on your inputs below
Assumes 20% down, 30-year fixed at 6.5% (as of 2026-04-22).
Housing$2,945 – $3,245 | |
|---|---|
| Mortgage (6.5%, 20% down) | $2,579 |
| Property tax | $233 |
| HOA | $0 – $100 |
| Insurance | $133 |
| Metro district fees | not yet verified |
Transportation$807 | |
|---|---|
| Car payments (your input) | $500 |
| Gas (~109 min to downtown) | $307 |
Utilities$350 | |
|---|---|
| Electric & gas (Xcel Energy) | $205 |
| Water (Town of Severance) | $75 |
| Internet | $70 |
Groceries$650 | |
|---|---|
| Monthly estimate | $650 |
Housing figures updated April 2026. Confidence: low.
car-dependent
Housing Market
- Median Home Price
- $497K–$520K
- Data Year
- 2026
- Year-over-Year Change
- +3–5%
- Avg Days on Market
- 30–45
Tax Rates
- Property Tax Rate
- ~0.55% + metro districts
- Sales Tax Rate
- 6.4% (Weld County advantage)
- Cost of Living vs National
- ~5% above national average
Monthly Costs
- Water Provider
- Town of Severance
- Electric & Gas
- Xcel Energy
- Internet Providers
- Comcast/Xfinity, Allo fiber (expanding)
Income & Cost Context
- Median Household Income
- $95,000
- Cost of Living Index
- ~5% above national average
- Avg Childcare Cost
- $1,100–$1,400
Common QuestionsFAQ, Severance
What is the median home price in Severance?
The median home price in Severance ranges from $497K to $520K as of 2026 (Redfin ~$497K, Zillow ZHVI ~$520K). Year-over-year prices have increased 3–5%, with homes averaging 30–45 days on market. HOA fees of $150–$250/mo and metro district fees of $150–$350/mo are universal in new construction. The population has tripled in 5 years, with new construction from the mid-$400Ks.
What is the cost of living in Severance?
The cost of living in Severance is approximately 5% above the national average. The property tax rate is ~0.55% plus metro district overlays. The combined sales tax rate is 6.4%, benefiting from Weld County’s lower tax structure. The median household income is $95,000. Metro district fees in new developments can add $150–$350/mo to housing costs.
Estimates for informational purposes only, not financial advice. Actual costs vary by specific property, subdivision, and household.