Total monthly cost of ownership
Cost to Own a Home in Aberdeen, Idaho
A $145,000 home here costs
$1,163per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $745. The real number is $418 higher every month — 56% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Aberdeen against Bingham County and Idaho
| Measure | Aberdeen | Bingham County |
|---|---|---|
| Median home value | $144,700 | $258,000 |
| Median property tax | $1,072 | $1,389 |
| Effective tax rate | 0.741% | 0.538% |
| Median gross rent | $663 | $845 |
| Population | 2,418 | 48,993 |
The weather behind that power bill
Aberdeen sits in Bingham County, which averages a high of 86.9°F in its hottest month and a low of 16.8°F in its coldest, with 12.05" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 518 cooling and 6,990 heating degree days, which is what sets the $111 electricity line above.
See the full climate breakdown for Bingham County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Bingham County
Common questions
How much does it cost to own a home in Aberdeen?
A $145,000 home in Aberdeen, Idaho costs approximately $1,163 per month with 20% down at 6.66%. That is $745 principal and interest, $90 property tax, $28 homeowners insurance, $179 utilities and $121 set aside for maintenance.
What is the property tax rate in Aberdeen?
Aberdeen has an effective property tax rate of 0.741%, based on a median home value of $144,700 and median real estate taxes of $1,072. That is higher than the Bingham County average of 0.538%.
What is the average home price in Aberdeen?
The median owner-occupied home value in Aberdeen, Idaho is $144,700, against $258,000 across Bingham County.
Is it cheaper to rent or buy in Aberdeen?
Median gross rent in Aberdeen is $663 a month, against $1,163 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Aberdeen — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Idaho.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.