Total monthly cost of ownership
Cost to Own a Home in Chubbuck, Idaho
A $314,000 home here costs
$2,320per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,614. The real number is $705 higher every month — 44% 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.
Chubbuck against Bannock County and Idaho
| Measure | Chubbuck | Bannock County |
|---|---|---|
| Median home value | $313,700 | $267,200 |
| Median property tax | $2,442 | $1,918 |
| Effective tax rate | 0.778% | 0.718% |
| Median gross rent | $917 | $879 |
| Population | 15,900 | 88,457 |
The weather behind that power bill
Chubbuck sits in Bannock County, which averages a high of 87.3°F in its hottest month and a low of 14.6°F in its coldest, with 15.46" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 348 cooling and 7,219 heating degree days, which is what sets the $111 electricity line above.
See the full climate breakdown for Bannock County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Bannock County
Common questions
How much does it cost to own a home in Chubbuck?
A $314,000 home in Chubbuck, Idaho costs approximately $2,320 per month with 20% down at 6.66%. That is $1,614 principal and interest, $204 property tax, $61 homeowners insurance, $179 utilities and $262 set aside for maintenance.
What is the property tax rate in Chubbuck?
Chubbuck has an effective property tax rate of 0.778%, based on a median home value of $313,700 and median real estate taxes of $2,442. That is higher than the Bannock County average of 0.718%.
What is the average home price in Chubbuck?
The median owner-occupied home value in Chubbuck, Idaho is $313,700, against $267,200 across Bannock County.
Is it cheaper to rent or buy in Chubbuck?
Median gross rent in Chubbuck is $917 a month, against $2,320 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 Chubbuck — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Idaho.
- 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.