Total monthly cost of ownership
Cost to Own a Home in Cadiz, Kentucky
A $121,000 home here costs
$1,064per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $622. The real number is $442 higher every month — 71% 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.
Cadiz against Trigg County and Kentucky
| Measure | Cadiz | Trigg County |
|---|---|---|
| Median home value | $120,800 | $192,000 |
| Median property tax | $901 | $1,065 |
| Effective tax rate | 0.746% | 0.555% |
| Median gross rent | $683 | $802 |
| Population | 2,649 | 14,211 |
The weather behind that power bill
Cadiz sits in Trigg County, which averages a high of 88.7°F in its hottest month and a low of 27.7°F in its coldest, with 47.21" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,510 cooling and 3,886 heating degree days, which is what sets the $135 electricity line above.
See the full climate breakdown for Trigg County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Trigg County
No other places of this size are published in Trigg County.
Common questions
How much does it cost to own a home in Cadiz?
A $121,000 home in Cadiz, Kentucky costs approximately $1,064 per month with 20% down at 6.66%. That is $622 principal and interest, $75 property tax, $64 homeowners insurance, $203 utilities and $101 set aside for maintenance.
What is the property tax rate in Cadiz?
Cadiz has an effective property tax rate of 0.746%, based on a median home value of $120,800 and median real estate taxes of $901. That is higher than the Trigg County average of 0.555%.
What is the average home price in Cadiz?
The median owner-occupied home value in Cadiz, Kentucky is $120,800, against $192,000 across Trigg County.
Is it cheaper to rent or buy in Cadiz?
Median gross rent in Cadiz is $683 a month, against $1,064 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 Cadiz — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Kentucky.
- 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.