Total monthly cost of ownership
Cost to Own a Home in Bennington, Nebraska
A $338,000 home here costs
$2,946per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,738. The real number is $1,209 higher every month — 70% 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.
Bennington against Douglas County and Nebraska
| Measure | Bennington | Douglas County |
|---|---|---|
| Median home value | $337,600 | $245,800 |
| Median property tax | $6,282 | $4,295 |
| Effective tax rate | 1.861% | 1.747% |
| Median gross rent | $1,361 | $1,162 |
| Population | 2,417 | 585,461 |
The weather behind that power bill
Bennington sits in Douglas County, which averages a high of 85.9°F in its hottest month and a low of 14.0°F in its coldest, with 33.17" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 1,044 cooling and 6,209 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Douglas County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Douglas County
Full Douglas County cost breakdown · Every county in Nebraska
Common questions
How much does it cost to own a home in Bennington?
A $338,000 home in Bennington, Nebraska costs approximately $2,946 per month with 20% down at 6.66%. That is $1,738 principal and interest, $524 property tax, $213 homeowners insurance, $190 utilities and $282 set aside for maintenance.
What is the property tax rate in Bennington?
Bennington has an effective property tax rate of 1.861%, based on a median home value of $337,600 and median real estate taxes of $6,282. That is higher than the Douglas County average of 1.747%.
What is the average home price in Bennington?
The median owner-occupied home value in Bennington, Nebraska is $337,600, against $245,800 across Douglas County.
Is it cheaper to rent or buy in Bennington?
Median gross rent in Bennington is $1,361 a month, against $2,946 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 Bennington — 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.