Total monthly cost of ownership
Cost to Own a Home in Cullman, Alabama
A $215,000 home here costs
$1,711per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,105. The real number is $606 higher every month — 55% 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.
Cullman against Cullman County and Alabama
| Measure | Cullman | Cullman County |
|---|---|---|
| Median home value | $215,200 | $180,500 |
| Median property tax | $731 | $457 |
| Effective tax rate | 0.340% | 0.253% |
| Median gross rent | $921 | $883 |
| Population | 18,894 | 89,463 |
The weather behind that power bill
Cullman sits in Cullman County, which averages a high of 87.9°F in its hottest month and a low of 30.9°F in its coldest, with 58.66" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,471 cooling and 3,305 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Cullman County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cullman County
Full Cullman County cost breakdown · Every county in Alabama
Common questions
How much does it cost to own a home in Cullman?
A $215,000 home in Cullman, Alabama costs approximately $1,711 per month with 20% down at 6.66%. That is $1,105 principal and interest, $61 property tax, $147 homeowners insurance, $219 utilities and $179 set aside for maintenance.
What is the property tax rate in Cullman?
Cullman has an effective property tax rate of 0.340%, based on a median home value of $215,200 and median real estate taxes of $731. That is higher than the Cullman County average of 0.253%.
What is the average home price in Cullman?
The median owner-occupied home value in Cullman, Alabama is $215,200, against $180,500 across Cullman County.
Is it cheaper to rent or buy in Cullman?
Median gross rent in Cullman is $921 a month, against $1,711 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 Cullman — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Alabama.
- 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.