Total monthly cost of ownership
Cost to Own a Home in Ceresco, Nebraska
A $186,000 home here costs
$1,653per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $956. The real number is $697 higher every month — 73% 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.
Ceresco against Saunders County and Nebraska
| Measure | Ceresco | Saunders County |
|---|---|---|
| Median home value | $186,300 | $241,100 |
| Median property tax | $2,824 | $3,247 |
| Effective tax rate | 1.516% | 1.347% |
| Median gross rent | $1,075 | $930 |
| Population | 1,355 | 22,761 |
The weather behind that power bill
Ceresco sits in Saunders County, which averages a high of 89.4°F in its hottest month and a low of 14.4°F in its coldest, with 29.34" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 1,270 cooling and 5,856 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Saunders County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Saunders County
Full Saunders County cost breakdown · Every county in Nebraska
Common questions
How much does it cost to own a home in Ceresco?
A $186,000 home in Ceresco, Nebraska costs approximately $1,653 per month with 20% down at 6.66%. That is $956 principal and interest, $235 property tax, $117 homeowners insurance, $190 utilities and $155 set aside for maintenance.
What is the property tax rate in Ceresco?
Ceresco has an effective property tax rate of 1.516%, based on a median home value of $186,300 and median real estate taxes of $2,824. That is higher than the Saunders County average of 1.347%.
What is the average home price in Ceresco?
The median owner-occupied home value in Ceresco, Nebraska is $186,300, against $241,100 across Saunders County.
Is it cheaper to rent or buy in Ceresco?
Median gross rent in Ceresco is $1,075 a month, against $1,653 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 Ceresco — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Nebraska.
- 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.