Total monthly cost of ownership
Cost to Own a Home in Avoca, Pennsylvania
A $167,000 home here costs
$1,518per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $859. The real number is $659 higher every month — 77% 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.
Avoca against Luzerne County and Pennsylvania
| Measure | Avoca | Luzerne County |
|---|---|---|
| Median home value | $166,600 | $163,800 |
| Median property tax | $2,422 | $2,506 |
| Effective tax rate | 1.454% | 1.530% |
| Median gross rent | $987 | $958 |
| Population | 2,523 | 325,978 |
The weather behind that power bill
Avoca sits in Luzerne County, which averages a high of 84.6°F in its hottest month and a low of 20.3°F in its coldest, with 38.72" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 791 cooling and 5,740 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Luzerne County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Luzerne County
Full Luzerne County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Avoca?
A $167,000 home in Avoca, Pennsylvania costs approximately $1,518 per month with 20% down at 6.66%. That is $859 principal and interest, $202 property tax, $56 homeowners insurance, $262 utilities and $139 set aside for maintenance.
What is the property tax rate in Avoca?
Avoca has an effective property tax rate of 1.454%, based on a median home value of $166,600 and median real estate taxes of $2,422. That is lower than the Luzerne County average of 1.530%.
What is the average home price in Avoca?
The median owner-occupied home value in Avoca, Pennsylvania is $166,600, against $163,800 across Luzerne County.
Is it cheaper to rent or buy in Avoca?
Median gross rent in Avoca is $987 a month, against $1,518 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 Avoca — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Pennsylvania.
- 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.