Total monthly cost of ownership
Cost to Own a Home in Bedford, Pennsylvania
A $182,000 home here costs
$1,545per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $936. The real number is $609 higher every month — 65% 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.
Bedford against Bedford County and Pennsylvania
| Measure | Bedford | Bedford County |
|---|---|---|
| Median home value | $182,300 | $172,900 |
| Median property tax | $1,623 | $1,403 |
| Effective tax rate | 0.890% | 0.811% |
| Median gross rent | $674 | $771 |
| Population | 2,851 | 47,503 |
The weather behind that power bill
Bedford sits in Bedford County, which averages a high of 85.6°F in its hottest month and a low of 19.0°F in its coldest, with 40.48" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 666 cooling and 5,919 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Bedford County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Bedford County
Full Bedford County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Bedford?
A $182,000 home in Bedford, Pennsylvania costs approximately $1,545 per month with 20% down at 6.66%. That is $936 principal and interest, $135 property tax, $61 homeowners insurance, $262 utilities and $152 set aside for maintenance.
What is the property tax rate in Bedford?
Bedford has an effective property tax rate of 0.890%, based on a median home value of $182,300 and median real estate taxes of $1,623. That is higher than the Bedford County average of 0.811%.
What is the average home price in Bedford?
The median owner-occupied home value in Bedford, Pennsylvania is $182,300, against $172,900 across Bedford County.
Is it cheaper to rent or buy in Bedford?
Median gross rent in Bedford is $674 a month, against $1,545 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 Bedford — 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.