Total monthly cost of ownership
Cost to Own a Home in Chester, California
A $241,000 home here costs
$1,993per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,239. The real number is $754 higher every month — 61% 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.
Chester against Plumas County and California
| Measure | Chester | Plumas County |
|---|---|---|
| Median home value | $241,400 | $327,400 |
| Median property tax | $1,785 | $2,360 |
| Effective tax rate | 0.739% | 0.721% |
| Median gross rent | $798 | $1,034 |
| Population | 2,022 | 19,607 |
The weather behind that power bill
Chester sits in Plumas County, which averages a high of 89.0°F in its hottest month and a low of 25.2°F in its coldest, with 41.67" of precipitation a year and 54% of it in a single three-month stretch. That climate drives 283 cooling and 5,728 heating degree days, which is what sets the $299 electricity line above.
See the full climate breakdown for Plumas County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Plumas County
Full Plumas County cost breakdown · Every county in California
Common questions
How much does it cost to own a home in Chester?
A $241,000 home in Chester, California costs approximately $1,993 per month with 20% down at 6.66%. That is $1,239 principal and interest, $148 property tax, $37 homeowners insurance, $367 utilities and $201 set aside for maintenance.
What is the property tax rate in Chester?
Chester has an effective property tax rate of 0.739%, based on a median home value of $241,400 and median real estate taxes of $1,785. That is higher than the Plumas County average of 0.721%.
What is the average home price in Chester?
The median owner-occupied home value in Chester, California is $241,400, against $327,400 across Plumas County.
Is it cheaper to rent or buy in Chester?
Median gross rent in Chester is $798 a month, against $1,993 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 Chester — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for California.
- 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.