Cost to Own
United StatesPennsylvaniaLuzerne CountyChase Population 1,094 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Chase, Pennsylvania

A $256,000 home here costs

$2,239

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,316. The real number is $923 higher every month — 70% more than the payment most buyers budget for.

Chase median: $255,500
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $204,800 borrowed $1,316
Property tax1.697% effective rate for Chase itself $362
Homeowners insurancePennsylvania averages $1,014/yr (NAIC), or 0.401% of home value $86
Electricity21.55¢/kWh — Pennsylvania residential average, EIA $194
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $213
Total monthly $2,239

Chase against Luzerne County and Pennsylvania

MeasureChaseLuzerne County
Median home value$255,500$163,800
Median property tax$4,336$2,506
Effective tax rate1.697%1.530%
Median gross rent$958
Population1,094325,978

The weather behind that power bill

Chase sits in Luzerne County, which averages a high of 84.6°F in its hottest month and a low of 20.3°F in its coldest, with 38.72" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 791 cooling and 5,740 heating degree days, which is what sets the $194 electricity line above.

See the full climate breakdown for Luzerne County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Luzerne County

Full Luzerne County cost breakdown · Every county in Pennsylvania

Common questions

How much does it cost to own a home in Chase?

A $256,000 home in Chase, Pennsylvania costs approximately $2,239 per month with 20% down at 6.66%. That is $1,316 principal and interest, $362 property tax, $86 homeowners insurance, $262 utilities and $213 set aside for maintenance.

What is the property tax rate in Chase?

Chase has an effective property tax rate of 1.697%, based on a median home value of $255,500 and median real estate taxes of $4,336. That is higher than the Luzerne County average of 1.530%.

What is the average home price in Chase?

The median owner-occupied home value in Chase, Pennsylvania is $255,500, against $163,800 across Luzerne County.

Is it cheaper to rent or buy in Chase?

Rent data is not published for Chase at this level of detail.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Chase — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Pennsylvania.
  • 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.

Full methodology