Total monthly cost of ownership
Cost to Own a Home in Cando, North Dakota
A $149,000 home here costs
$1,273per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $766. The real number is $507 higher every month — 66% 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.
Cando against Towner County and North Dakota
| Measure | Cando | Towner County |
|---|---|---|
| Median home value | $149,300 | $122,800 |
| Median property tax | $1,549 | $1,078 |
| Effective tax rate | 1.038% | 0.878% |
| Median gross rent | $740 | $719 |
| Population | 1,199 | 2,113 |
The weather behind that power bill
Cando sits in Towner County, which averages a high of 74.7°F in its hottest month and a low of -3.4°F in its coldest, with 19.64" of precipitation a year and 51% of it in a single three-month stretch. That climate drives 156 cooling and 10,496 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Towner County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Towner County
No other places of this size are published in Towner County.
Full Towner County cost breakdown · Every county in North Dakota
Common questions
How much does it cost to own a home in Cando?
A $149,000 home in Cando, North Dakota costs approximately $1,273 per month with 20% down at 6.66%. That is $766 principal and interest, $129 property tax, $64 homeowners insurance, $190 utilities and $124 set aside for maintenance.
What is the property tax rate in Cando?
Cando has an effective property tax rate of 1.038%, based on a median home value of $149,300 and median real estate taxes of $1,549. That is higher than the Towner County average of 0.878%.
What is the average home price in Cando?
The median owner-occupied home value in Cando, North Dakota is $149,300, against $122,800 across Towner County.
Is it cheaper to rent or buy in Cando?
Median gross rent in Cando is $740 a month, against $1,273 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 Cando — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for North Dakota.
- 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.