Total monthly cost of ownership
Cost to Own a Home in Cana, Virginia
A $114,000 home here costs
$1,004per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $586. The real number is $418 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.
Cana against Carroll County and Virginia
| Measure | Cana | Carroll County |
|---|---|---|
| Median home value | $114,400 | $144,200 |
| Median property tax | $831 | $861 |
| Effective tax rate | 0.726% | 0.597% |
| Median gross rent | $1,074 | $687 |
| Population | 1,164 | 29,158 |
The weather behind that power bill
Cana sits in Carroll County, which averages a high of 82.2°F in its hottest month and a low of 23.3°F in its coldest, with 45.58" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 581 cooling and 5,111 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Carroll County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Carroll County
Full Carroll County cost breakdown · Every county in Virginia
Common questions
How much does it cost to own a home in Cana?
A $114,000 home in Cana, Virginia costs approximately $1,004 per month with 20% down at 6.66%. That is $586 principal and interest, $69 property tax, $28 homeowners insurance, $226 utilities and $95 set aside for maintenance.
What is the property tax rate in Cana?
Cana has an effective property tax rate of 0.726%, based on a median home value of $114,400 and median real estate taxes of $831. That is higher than the Carroll County average of 0.597%.
What is the average home price in Cana?
The median owner-occupied home value in Cana, Virginia is $114,400, against $144,200 across Carroll County.
Is it cheaper to rent or buy in Cana?
Median gross rent in Cana is $1,074 a month, against $1,004 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Cana — 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.