Total monthly cost of ownership
Cost to Own a Home in Chandler, Indiana
A $128,000 home here costs
$1,118per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $658. The real number is $460 higher every month — 70% 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.
Chandler against Warrick County and Indiana
| Measure | Chandler | Warrick County |
|---|---|---|
| Median home value | $128,200 | $228,900 |
| Median property tax | $809 | $1,497 |
| Effective tax rate | 0.631% | 0.654% |
| Median gross rent | $893 | $1,008 |
| Population | 3,935 | 64,650 |
The weather behind that power bill
Chandler sits in Warrick County, which averages a high of 88.6°F in its hottest month and a low of 25.4°F in its coldest, with 51.17" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,491 cooling and 4,277 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Warrick County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Warrick County
Full Warrick County cost breakdown · Every county in Indiana
Common questions
How much does it cost to own a home in Chandler?
A $128,000 home in Chandler, Indiana costs approximately $1,118 per month with 20% down at 6.66%. That is $658 principal and interest, $67 property tax, $55 homeowners insurance, $231 utilities and $107 set aside for maintenance.
What is the property tax rate in Chandler?
Chandler has an effective property tax rate of 0.631%, based on a median home value of $128,200 and median real estate taxes of $809. That is lower than the Warrick County average of 0.654%.
What is the average home price in Chandler?
The median owner-occupied home value in Chandler, Indiana is $128,200, against $228,900 across Warrick County.
Is it cheaper to rent or buy in Chandler?
Median gross rent in Chandler is $893 a month, against $1,118 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 Chandler — 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.