Total monthly cost of ownership
Cost to Own a Home in Cadiz, Ohio
A $115,000 home here costs
$1,073per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $591. The real number is $482 higher every month — 82% 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 Harrison County and Ohio
| Measure | Cadiz | Harrison County |
|---|---|---|
| Median home value | $115,200 | $118,000 |
| Median property tax | $1,204 | $1,226 |
| Effective tax rate | 1.045% | 1.039% |
| Median gross rent | $762 | $753 |
| Population | 3,015 | 14,408 |
The weather behind that power bill
Cadiz sits in Harrison County, which averages a high of 81.5°F in its hottest month and a low of 19.8°F in its coldest, with 42.58" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 754 cooling and 5,880 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Harrison County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Harrison County
No other places of this size are published in Harrison County.
Common questions
How much does it cost to own a home in Cadiz?
A $115,000 home in Cadiz, Ohio costs approximately $1,073 per month with 20% down at 6.66%. That is $591 principal and interest, $100 property tax, $43 homeowners insurance, $243 utilities and $96 set aside for maintenance.
What is the property tax rate in Cadiz?
Cadiz has an effective property tax rate of 1.045%, based on a median home value of $115,200 and median real estate taxes of $1,204. That is in line with the Harrison County average of 1.039%.
What is the average home price in Cadiz?
The median owner-occupied home value in Cadiz, Ohio is $115,200, against $118,000 across Harrison County.
Is it cheaper to rent or buy in Cadiz?
Median gross rent in Cadiz is $762 a month, against $1,073 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 Ohio.
- 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.