Cost to Own
United StatesGeorgiaDodge CountyChester Population 1,708 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Chester, Georgia

A $78,000 home here costs

$735

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

A standard mortgage calculator would have told you $401. The real number is $334 higher every month — 83% more than the payment most buyers budget for.

Chester median: $78,300
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, $62,400 borrowed $401
Property tax0.373% effective rate for Chester itself $24
Homeowners insuranceGeorgia averages $1,466/yr (NAIC), or 0.521% of home value $34
Electricity15.84¢/kWh — Georgia residential average, EIA $142
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $65
Total monthly $735

Chester against Dodge County and Georgia

MeasureChesterDodge County
Median home value$78,300$108,700
Median property tax$292$1,037
Effective tax rate0.373%0.954%
Median gross rent$392$688
Population1,70819,909

The weather behind that power bill

Chester sits in Dodge County, which averages a high of 91.1°F in its hottest month and a low of 38.4°F in its coldest, with 46.98" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,285 cooling and 1,990 heating degree days, which is what sets the $142 electricity line above.

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

Other cities in Dodge County

Full Dodge County cost breakdown · Every county in Georgia

Common questions

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

A $78,000 home in Chester, Georgia costs approximately $735 per month with 20% down at 6.66%. That is $401 principal and interest, $24 property tax, $34 homeowners insurance, $210 utilities and $65 set aside for maintenance.

What is the property tax rate in Chester?

Chester has an effective property tax rate of 0.373%, based on a median home value of $78,300 and median real estate taxes of $292. That is lower than the Dodge County average of 0.954%.

What is the average home price in Chester?

The median owner-occupied home value in Chester, Georgia is $78,300, against $108,700 across Dodge County.

Is it cheaper to rent or buy in Chester?

Median gross rent in Chester is $392 a month, against $735 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 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.

Full methodology