Cost to Own
United StatesPennsylvaniaAllegheny CountyCheswick Population 1,704 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Cheswick, Pennsylvania

A $174,000 home here costs

$1,630

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

A standard mortgage calculator would have told you $895. The real number is $736 higher every month — 82% more than the payment most buyers budget for.

Cheswick median: $174,000
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, $139,200 borrowed $895
Property tax1.868% effective rate for Cheswick itself $271
Homeowners insurancePennsylvania averages $1,014/yr (NAIC), or 0.401% of home value $58
Electricity21.55¢/kWh — Pennsylvania residential average, EIA $194
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $145
Total monthly $1,630

Cheswick against Allegheny County and Pennsylvania

MeasureCheswickAllegheny County
Median home value$174,000$216,700
Median property tax$3,250$3,399
Effective tax rate1.868%1.569%
Median gross rent$1,125$1,111
Population1,7041,240,476

The weather behind that power bill

Cheswick sits in Allegheny County, which averages a high of 83.0°F in its hottest month and a low of 22.3°F in its coldest, with 41.34" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 826 cooling and 5,407 heating degree days, which is what sets the $194 electricity line above.

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

Other cities in Allegheny County

Full Allegheny County cost breakdown · Every county in Pennsylvania

Common questions

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

A $174,000 home in Cheswick, Pennsylvania costs approximately $1,630 per month with 20% down at 6.66%. That is $895 principal and interest, $271 property tax, $58 homeowners insurance, $262 utilities and $145 set aside for maintenance.

What is the property tax rate in Cheswick?

Cheswick has an effective property tax rate of 1.868%, based on a median home value of $174,000 and median real estate taxes of $3,250. That is higher than the Allegheny County average of 1.569%.

What is the average home price in Cheswick?

The median owner-occupied home value in Cheswick, Pennsylvania is $174,000, against $216,700 across Allegheny County.

Is it cheaper to rent or buy in Cheswick?

Median gross rent in Cheswick is $1,125 a month, against $1,630 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 Cheswick — 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