Total monthly cost of ownership
Cost to Own a Home in Carlin, Nevada
A $195,000 home here costs
$1,473per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,002. The real number is $471 higher every month — 47% 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.
Carlin against Elko County and Nevada
| Measure | Carlin | Elko County |
|---|---|---|
| Median home value | $195,000 | $282,400 |
| Median property tax | $1,007 | $1,434 |
| Effective tax rate | 0.516% | 0.508% |
| Median gross rent | $1,211 | $1,126 |
| Population | 2,164 | 53,852 |
The weather behind that power bill
Carlin sits in Elko County, which averages a high of 88.2°F in its hottest month and a low of 10.0°F in its coldest, with 12.35" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 155 cooling and 7,832 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Elko County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Elko County
Common questions
How much does it cost to own a home in Carlin?
A $195,000 home in Carlin, Nevada costs approximately $1,473 per month with 20% down at 6.66%. That is $1,002 principal and interest, $84 property tax, $34 homeowners insurance, $190 utilities and $163 set aside for maintenance.
What is the property tax rate in Carlin?
Carlin has an effective property tax rate of 0.516%, based on a median home value of $195,000 and median real estate taxes of $1,007. That is in line with the Elko County average of 0.508%.
What is the average home price in Carlin?
The median owner-occupied home value in Carlin, Nevada is $195,000, against $282,400 across Elko County.
Is it cheaper to rent or buy in Carlin?
Median gross rent in Carlin is $1,211 a month, against $1,473 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 Carlin — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Nevada.
- 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.