Cost to Own
United StatesAlabamaCovington CountyAndalusia Population 8,841 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Andalusia, Alabama

A $156,000 home here costs

$1,296

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $802. The real number is $494 higher every month — 62% more than the payment most buyers budget for.

Andalusia median: $156,000
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $124,800 borrowed $802
Property tax0.296% effective rate for Andalusia itself $38
Homeowners insuranceAlabama averages $1,610/yr (NAIC), or 0.819% of home value $106
Electricity16.77¢/kWh — Alabama residential average, EIA $151
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $130
Total monthly $1,296

Andalusia against Covington County and Alabama

MeasureAndalusiaCovington County
Median home value$156,000$142,500
Median property tax$462$358
Effective tax rate0.296%0.251%
Median gross rent$680$736
Population8,84137,647

The weather behind that power bill

Andalusia sits in Covington County, which averages a high of 93.9°F in its hottest month and a low of 41.1°F in its coldest, with 59.11" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,912 cooling and 1,494 heating degree days, which is what sets the $151 electricity line above.

See the full climate breakdown for Covington County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Covington County

Full Covington County cost breakdown · Every county in Alabama

Common questions

How much does it cost to own a home in Andalusia?

A $156,000 home in Andalusia, Alabama costs approximately $1,296 per month with 20% down at 6.66%. That is $802 principal and interest, $38 property tax, $106 homeowners insurance, $219 utilities and $130 set aside for maintenance.

What is the property tax rate in Andalusia?

Andalusia has an effective property tax rate of 0.296%, based on a median home value of $156,000 and median real estate taxes of $462. That is higher than the Covington County average of 0.251%.

What is the average home price in Andalusia?

The median owner-occupied home value in Andalusia, Alabama is $156,000, against $142,500 across Covington County.

Is it cheaper to rent or buy in Andalusia?

Median gross rent in Andalusia is $680 a month, against $1,296 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 Andalusia — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Alabama.
  • 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.

Full methodology