Total monthly cost of ownership
Cost to Own a Home in Chatsworth, Georgia
A $199,000 home here costs
$1,609per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,023. The real number is $586 higher every month — 57% 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.
Chatsworth against Murray County and Georgia
| Measure | Chatsworth | Murray County |
|---|---|---|
| Median home value | $199,100 | $173,300 |
| Median property tax | $1,483 | $1,111 |
| Effective tax rate | 0.745% | 0.641% |
| Median gross rent | $823 | $828 |
| Population | 4,857 | 40,282 |
The weather behind that power bill
Chatsworth sits in Murray County, which averages a high of 89.2°F in its hottest month and a low of 30.3°F in its coldest, with 57.5" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 1,566 cooling and 3,346 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Murray County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Murray County
No other places of this size are published in Murray County.
Common questions
How much does it cost to own a home in Chatsworth?
A $199,000 home in Chatsworth, Georgia costs approximately $1,609 per month with 20% down at 6.66%. That is $1,023 principal and interest, $124 property tax, $86 homeowners insurance, $210 utilities and $166 set aside for maintenance.
What is the property tax rate in Chatsworth?
Chatsworth has an effective property tax rate of 0.745%, based on a median home value of $199,100 and median real estate taxes of $1,483. That is higher than the Murray County average of 0.641%.
What is the average home price in Chatsworth?
The median owner-occupied home value in Chatsworth, Georgia is $199,100, against $173,300 across Murray County.
Is it cheaper to rent or buy in Chatsworth?
Median gross rent in Chatsworth is $823 a month, against $1,609 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 Chatsworth — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Georgia.
- 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.