Total monthly cost of ownership
Cost to Own a Home in Cuba City, Wisconsin
A $176,000 home here costs
$1,610per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $69,000 a year.
A standard mortgage calculator would have told you $960. The real number is $651 higher every month, 68% more than the payment most buyers budget for.
Compare Grant County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Cuba City from a five-year rolling sample, and with about 2,094 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Grant County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Cuba City against Grant County and Wisconsin
| Measure | Cuba City | Grant County |
|---|---|---|
| Median home value | $176,000 | $186,300 |
| Median property tax | $3,190 | $2,683 |
| Effective tax rate | 1.812% | 1.440% |
| Median gross rent | $754 | $812 |
| Population | 2,094 | 51,678 |
Cuba City extends across 2 counties. Figures here use Grant County, where most of its housing sits.
The weather behind that power bill
Cuba City sits in Grant County, which averages a high of 80.9°F in its hottest month and a low of 8.9°F in its coldest, with 38.49" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 599 cooling and 7,365 heating degree days, which is what sets the $125 electricity line above.
See the full climate breakdown for Grant County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Grant County
Full Grant County cost breakdown · Every county in Wisconsin
Talk to someone who works this market
These are Cuba City 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 Cuba City every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Cuba City I already own here and may sell
Common questions
How much does it cost to own a home in Cuba City?
A $176,000 home in Cuba City, Wisconsin costs approximately $1,610 per month with 20% down at 7.24%. That is $960 principal and interest, $266 property tax, $45 homeowners insurance, $193 utilities and $147 set aside for maintenance.
What is the property tax rate in Cuba City?
Cuba City has an effective property tax rate of 1.812%, based on a median home value of $176,000 and median real estate taxes of $3,190. That is higher than the Grant County average of 1.440%.
What is the average home price in Cuba City?
The median owner-occupied home value in Cuba City, Wisconsin is $176,000, against $186,300 across Grant County.
Is it cheaper to rent or buy in Cuba City?
Median gross rent in Cuba City is $754 a month, against $1,610 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 Cuba City?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Cuba City, Wisconsin at today's rate takes a household income of roughly $69,000 a year. That covers the full $1,610 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Cuba City, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Wisconsin.
- 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.