Total monthly cost of ownership
Cost to Own a Home in Cozad, Nebraska
A $119,000 home here costs
$1,133per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $612. The real number is $521 higher every month — 85% 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.
Cozad against Dawson County and Nebraska
| Measure | Cozad | Dawson County |
|---|---|---|
| Median home value | $118,600 | $157,800 |
| Median property tax | $1,880 | $1,989 |
| Effective tax rate | 1.585% | 1.260% |
| Median gross rent | $820 | $861 |
| Population | 3,944 | 24,020 |
The weather behind that power bill
Cozad sits in Dawson County, which averages a high of 86.4°F in its hottest month and a low of 15.2°F in its coldest, with 23.39" of precipitation a year and 47% of it in a single three-month stretch. That climate drives 942 cooling and 6,122 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Dawson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Dawson County
Full Dawson County cost breakdown · Every county in Nebraska
Common questions
How much does it cost to own a home in Cozad?
A $119,000 home in Cozad, Nebraska costs approximately $1,133 per month with 20% down at 6.66%. That is $612 principal and interest, $157 property tax, $75 homeowners insurance, $190 utilities and $99 set aside for maintenance.
What is the property tax rate in Cozad?
Cozad has an effective property tax rate of 1.585%, based on a median home value of $118,600 and median real estate taxes of $1,880. That is higher than the Dawson County average of 1.260%.
What is the average home price in Cozad?
The median owner-occupied home value in Cozad, Nebraska is $118,600, against $157,800 across Dawson County.
Is it cheaper to rent or buy in Cozad?
Median gross rent in Cozad is $820 a month, against $1,133 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 Cozad — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Nebraska.
- 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.