Total monthly cost of ownership
Cost to Own a Home in Cayuga, Indiana
A $81,000 home here costs
$800per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $416. The real number is $384 higher every month — 92% 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.
Cayuga against Vermillion County and Indiana
| Measure | Cayuga | Vermillion County |
|---|---|---|
| Median home value | $81,000 | $109,500 |
| Median property tax | $610 | $789 |
| Effective tax rate | 0.753% | 0.721% |
| Median gross rent | $894 | $785 |
| Population | 1,135 | 15,452 |
The weather behind that power bill
Cayuga sits in Vermillion County, which averages a high of 85.8°F in its hottest month and a low of 17.2°F in its coldest, with 47.43" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 917 cooling and 5,635 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Vermillion County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Vermillion County
Full Vermillion County cost breakdown · Every county in Indiana
Common questions
How much does it cost to own a home in Cayuga?
A $81,000 home in Cayuga, Indiana costs approximately $800 per month with 20% down at 6.66%. That is $416 principal and interest, $51 property tax, $35 homeowners insurance, $231 utilities and $68 set aside for maintenance.
What is the property tax rate in Cayuga?
Cayuga has an effective property tax rate of 0.753%, based on a median home value of $81,000 and median real estate taxes of $610. That is higher than the Vermillion County average of 0.721%.
What is the average home price in Cayuga?
The median owner-occupied home value in Cayuga, Indiana is $81,000, against $109,500 across Vermillion County.
Is it cheaper to rent or buy in Cayuga?
Median gross rent in Cayuga is $894 a month, against $800 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 Cayuga — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Indiana.
- 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.