Total monthly cost of ownership
Cost to Own a Home in Chillicothe, Ohio
A $146,000 home here costs
$1,305per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $751. The real number is $555 higher every month — 74% 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.
Chillicothe against Ross County and Ohio
| Measure | Chillicothe | Ross County |
|---|---|---|
| Median home value | $145,900 | $158,500 |
| Median property tax | $1,621 | $1,577 |
| Effective tax rate | 1.111% | 0.995% |
| Median gross rent | $842 | $858 |
| Population | 21,958 | 76,748 |
The weather behind that power bill
Chillicothe sits in Ross County, which averages a high of 86.3°F in its hottest month and a low of 21.7°F in its coldest, with 43.56" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,080 cooling and 5,089 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Ross County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ross County
Common questions
How much does it cost to own a home in Chillicothe?
A $146,000 home in Chillicothe, Ohio costs approximately $1,305 per month with 20% down at 6.66%. That is $751 principal and interest, $135 property tax, $54 homeowners insurance, $243 utilities and $122 set aside for maintenance.
What is the property tax rate in Chillicothe?
Chillicothe has an effective property tax rate of 1.111%, based on a median home value of $145,900 and median real estate taxes of $1,621. That is higher than the Ross County average of 0.995%.
What is the average home price in Chillicothe?
The median owner-occupied home value in Chillicothe, Ohio is $145,900, against $158,500 across Ross County.
Is it cheaper to rent or buy in Chillicothe?
Median gross rent in Chillicothe is $842 a month, against $1,305 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 Chillicothe — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Ohio.
- 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.