Total monthly cost of ownership
Cost to Own a Home in Chiefland, Florida
A $151,000 home here costs
$1,286per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $776. The real number is $509 higher every month — 66% 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.
Chiefland against Levy County and Florida
| Measure | Chiefland | Levy County |
|---|---|---|
| Median home value | $150,600 | $171,400 |
| Median property tax | $1,051 | $1,110 |
| Effective tax rate | 0.698% | 0.648% |
| Median gross rent | $839 | $826 |
| Population | 2,078 | 44,276 |
The weather behind that power bill
Chiefland sits in Levy County, which averages a high of 89.4°F in its hottest month and a low of 44.1°F in its coldest, with 57.1" of precipitation a year and 46% of it in a single three-month stretch. That climate drives 2,656 cooling and 1,097 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Levy County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Levy County
Common questions
How much does it cost to own a home in Chiefland?
A $151,000 home in Chiefland, Florida costs approximately $1,286 per month with 20% down at 6.66%. That is $776 principal and interest, $88 property tax, $91 homeowners insurance, $204 utilities and $126 set aside for maintenance.
What is the property tax rate in Chiefland?
Chiefland has an effective property tax rate of 0.698%, based on a median home value of $150,600 and median real estate taxes of $1,051. That is higher than the Levy County average of 0.648%.
What is the average home price in Chiefland?
The median owner-occupied home value in Chiefland, Florida is $150,600, against $171,400 across Levy County.
Is it cheaper to rent or buy in Chiefland?
Median gross rent in Chiefland is $839 a month, against $1,286 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 Chiefland — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Florida.
- 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.