Total monthly cost of ownership
Cost to Own a Home in Buena Vista, Virginia
A $154,000 home here costs
$1,305per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $792. The real number is $513 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.
Buena Vista against Buena Vista city and Virginia
| Measure | Buena Vista | Buena Vista city |
|---|---|---|
| Median home value | $153,500 | $153,500 |
| Median property tax | $1,444 | $1,444 |
| Effective tax rate | 0.941% | 0.941% |
| Median gross rent | $1,067 | $1,067 |
| Population | 6,612 | 6,612 |
The weather behind that power bill
Buena Vista sits in Buena Vista city, which averages a high of 86.6°F in its hottest month and a low of 23.3°F in its coldest, with 42.89" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,020 cooling and 4,661 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Buena Vista city — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Buena Vista city
No other places of this size are published in Buena Vista city.
Full Buena Vista city cost breakdown · Every county in Virginia
Common questions
How much does it cost to own a home in Buena Vista?
A $154,000 home in Buena Vista, Virginia costs approximately $1,305 per month with 20% down at 6.66%. That is $792 principal and interest, $121 property tax, $38 homeowners insurance, $226 utilities and $128 set aside for maintenance.
What is the property tax rate in Buena Vista?
Buena Vista has an effective property tax rate of 0.941%, based on a median home value of $153,500 and median real estate taxes of $1,444. That is in line with the Buena Vista city average of 0.941%.
What is the average home price in Buena Vista?
The median owner-occupied home value in Buena Vista, Virginia is $153,500, against $153,500 across Buena Vista city.
Is it cheaper to rent or buy in Buena Vista?
Median gross rent in Buena Vista is $1,067 a month, against $1,305 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 Buena Vista — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Virginia.
- 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.