Total monthly cost of ownership
Cost to Own a Home in Como, Mississippi
A $163,000 home here costs
$1,417per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $838. The real number is $579 higher every month — 69% 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.
Como against Panola County and Mississippi
| Measure | Como | Panola County |
|---|---|---|
| Median home value | $162,500 | $121,500 |
| Median property tax | $985 | $935 |
| Effective tax rate | 0.606% | 0.770% |
| Median gross rent | $775 | $859 |
| Population | 1,464 | 32,965 |
The weather behind that power bill
Como sits in Panola County, which averages a high of 91.6°F in its hottest month and a low of 30.8°F in its coldest, with 57.89" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,023 cooling and 3,106 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Panola County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Panola County
Full Panola County cost breakdown · Every county in Mississippi
Common questions
How much does it cost to own a home in Como?
A $163,000 home in Como, Mississippi costs approximately $1,417 per month with 20% down at 6.66%. That is $838 principal and interest, $82 property tax, $148 homeowners insurance, $213 utilities and $136 set aside for maintenance.
What is the property tax rate in Como?
Como has an effective property tax rate of 0.606%, based on a median home value of $162,500 and median real estate taxes of $985. That is lower than the Panola County average of 0.770%.
What is the average home price in Como?
The median owner-occupied home value in Como, Mississippi is $162,500, against $121,500 across Panola County.
Is it cheaper to rent or buy in Como?
Median gross rent in Como is $775 a month, against $1,417 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 Como — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Mississippi.
- 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.