Total monthly cost of ownership
Cost to Own a Home in Berwick, Louisiana
A $188,000 home here costs
$1,539per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $967. The real number is $573 higher every month — 59% 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.
Berwick against St. Mary Parish and Louisiana
| Measure | Berwick | St. Mary Parish |
|---|---|---|
| Median home value | $188,000 | $128,000 |
| Median property tax | $613 | $515 |
| Effective tax rate | 0.326% | 0.402% |
| Median gross rent | $492 | $839 |
| Population | 4,680 | 48,455 |
The weather behind that power bill
Berwick sits in St. Mary Parish, which averages a high of 90.1°F in its hottest month and a low of 42.5°F in its coldest, with 66.79" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 2,558 cooling and 1,509 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for St. Mary Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in St. Mary Parish
Full St. Mary Parish cost breakdown · Every county in Louisiana
Common questions
How much does it cost to own a home in Berwick?
A $188,000 home in Berwick, Louisiana costs approximately $1,539 per month with 20% down at 6.66%. That is $967 principal and interest, $51 property tax, $170 homeowners insurance, $195 utilities and $157 set aside for maintenance.
What is the property tax rate in Berwick?
Berwick has an effective property tax rate of 0.326%, based on a median home value of $188,000 and median real estate taxes of $613. That is lower than the St. Mary Parish average of 0.402%.
What is the average home price in Berwick?
The median owner-occupied home value in Berwick, Louisiana is $188,000, against $128,000 across St. Mary Parish.
Is it cheaper to rent or buy in Berwick?
Median gross rent in Berwick is $492 a month, against $1,539 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 Berwick — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Louisiana.
- 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.