Total monthly cost of ownership
Cost to Own a Home in Cedar Hills, Utah
A $616,000 home here costs
$4,170per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $3,167. The real number is $1,003 higher every month — 32% 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.
Cedar Hills against Utah County and Utah
| Measure | Cedar Hills | Utah County |
|---|---|---|
| Median home value | $615,900 | $489,200 |
| Median property tax | $2,554 | $2,234 |
| Effective tax rate | 0.415% | 0.457% |
| Median gross rent | $2,139 | $1,441 |
| Population | 9,945 | 683,622 |
The weather behind that power bill
Cedar Hills sits in Utah County, which averages a high of 93.1°F in its hottest month and a low of 22.0°F in its coldest, with 20.19" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,013 cooling and 5,415 heating degree days, which is what sets the $117 electricity line above.
See the full climate breakdown for Utah County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Utah County
Common questions
How much does it cost to own a home in Cedar Hills?
A $616,000 home in Cedar Hills, Utah costs approximately $4,170 per month with 20% down at 6.66%. That is $3,167 principal and interest, $213 property tax, $92 homeowners insurance, $185 utilities and $513 set aside for maintenance.
What is the property tax rate in Cedar Hills?
Cedar Hills has an effective property tax rate of 0.415%, based on a median home value of $615,900 and median real estate taxes of $2,554. That is lower than the Utah County average of 0.457%.
What is the average home price in Cedar Hills?
The median owner-occupied home value in Cedar Hills, Utah is $615,900, against $489,200 across Utah County.
Is it cheaper to rent or buy in Cedar Hills?
Median gross rent in Cedar Hills is $2,139 a month, against $4,170 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 Cedar Hills — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Utah.
- 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.