Total monthly cost of ownership
Cost to Own a Home in Beatrice, Nebraska
A $153,000 home here costs
$1,396per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $787. The real number is $609 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.
Beatrice against Gage County and Nebraska
| Measure | Beatrice | Gage County |
|---|---|---|
| Median home value | $152,900 | $167,100 |
| Median property tax | $2,343 | $2,406 |
| Effective tax rate | 1.532% | 1.440% |
| Median gross rent | $753 | $770 |
| Population | 12,233 | 21,646 |
The weather behind that power bill
Beatrice sits in Gage County, which averages a high of 88.4°F in its hottest month and a low of 13.5°F in its coldest, with 31.3" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 1,135 cooling and 6,062 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Gage County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Gage County
Common questions
How much does it cost to own a home in Beatrice?
A $153,000 home in Beatrice, Nebraska costs approximately $1,396 per month with 20% down at 6.66%. That is $787 principal and interest, $195 property tax, $96 homeowners insurance, $190 utilities and $128 set aside for maintenance.
What is the property tax rate in Beatrice?
Beatrice has an effective property tax rate of 1.532%, based on a median home value of $152,900 and median real estate taxes of $2,343. That is higher than the Gage County average of 1.440%.
What is the average home price in Beatrice?
The median owner-occupied home value in Beatrice, Nebraska is $152,900, against $167,100 across Gage County.
Is it cheaper to rent or buy in Beatrice?
Median gross rent in Beatrice is $753 a month, against $1,396 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 Beatrice — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Nebraska.
- 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.