Cost to Own
United StatesGeorgiaDecatur CountyBainbridge Population 14,353 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Bainbridge, Georgia

A $151,000 home here costs

$1,297

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

A standard mortgage calculator would have told you $776. The real number is $521 higher every month — 67% more than the payment most buyers budget for.

Bainbridge median: $150,600
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, $120,800 borrowed $776
Property tax0.946% effective rate for Bainbridge itself $119
Homeowners insuranceGeorgia averages $1,466/yr (NAIC), or 0.521% of home value $66
Electricity15.84¢/kWh — Georgia residential average, EIA $142
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $126
Total monthly $1,297

Bainbridge against Decatur County and Georgia

MeasureBainbridgeDecatur County
Median home value$150,600$146,200
Median property tax$1,424$1,353
Effective tax rate0.946%0.925%
Median gross rent$843$860
Population14,35329,118

The weather behind that power bill

Bainbridge sits in Decatur County, which averages a high of 90.9°F in its hottest month and a low of 38.9°F in its coldest, with 49.5" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,363 cooling and 1,743 heating degree days, which is what sets the $142 electricity line above.

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

Other cities in Decatur County

No other places of this size are published in Decatur County.

Full Decatur County cost breakdown · Every county in Georgia

Common questions

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

A $151,000 home in Bainbridge, Georgia costs approximately $1,297 per month with 20% down at 6.66%. That is $776 principal and interest, $119 property tax, $66 homeowners insurance, $210 utilities and $126 set aside for maintenance.

What is the property tax rate in Bainbridge?

Bainbridge has an effective property tax rate of 0.946%, based on a median home value of $150,600 and median real estate taxes of $1,424. That is higher than the Decatur County average of 0.925%.

What is the average home price in Bainbridge?

The median owner-occupied home value in Bainbridge, Georgia is $150,600, against $146,200 across Decatur County.

Is it cheaper to rent or buy in Bainbridge?

Median gross rent in Bainbridge is $843 a month, against $1,297 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 Bainbridge — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Georgia.
  • 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