Total monthly cost of ownership
Cost to Own a Home in Coalinga, California
A $255,000 home here costs
$2,083per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $89,500 a year.
A standard mortgage calculator would have told you $1,412. The real number is $671 higher every month, 47% more than the payment most buyers budget for.
Compare Fresno County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Coalinga against Fresno County and California
| Measure | Coalinga | Fresno County |
|---|---|---|
| Median home value | $254,600 | $362,600 |
| Median property tax | $2,177 | $2,704 |
| Effective tax rate | 0.855% | 0.746% |
| Median gross rent | $1,021 | $1,300 |
| Population | 17,352 | 1,012,152 |
The weather behind that power bill
Coalinga sits in Fresno County, which averages a high of 97.7°F in its hottest month and a low of 39.8°F in its coldest, with 10.99" of precipitation a year and 55% of it in a single three-month stretch. That climate drives 2,209 cooling and 2,187 heating degree days, which is what sets the $169 electricity line above.
See the full climate breakdown for Fresno County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Fresno County
Full Fresno County cost breakdown · Every county in California
Talk to someone who works this market
These are Coalinga averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Coalinga every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Coalinga I already own here and may sell
Common questions
How much does it cost to own a home in Coalinga?
A $255,000 home in Coalinga, California costs approximately $2,083 per month with 20% down at 7.4%. That is $1,412 principal and interest, $182 property tax, $40 homeowners insurance, $237 utilities and $213 set aside for maintenance.
What is the property tax rate in Coalinga?
Coalinga has an effective property tax rate of 0.855%, based on a median home value of $254,600 and median real estate taxes of $2,177. That is higher than the Fresno County average of 0.746%.
What is the average home price in Coalinga?
The median owner-occupied home value in Coalinga, California is $254,600, against $362,600 across Fresno County.
Is it cheaper to rent or buy in Coalinga?
Median gross rent in Coalinga is $1,021 a month, against $2,083 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Coalinga?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Coalinga, California at today's rate takes a household income of roughly $89,500 a year. That covers the full $2,083 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Coalinga, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for California.
- 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.