Total monthly cost of ownership
Cost to Own a Home in Cynthiana, Kentucky
A $155,000 home here costs
$1,371per 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 $58,500 a year.
A standard mortgage calculator would have told you $845. The real number is $526 higher every month, 62% more than the payment most buyers budget for.
Compare Harrison 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.
Cynthiana against Harrison County and Kentucky
| Measure | Cynthiana | Harrison County |
|---|---|---|
| Median home value | $154,700 | $188,900 |
| Median property tax | $1,228 | $1,282 |
| Effective tax rate | 0.794% | 0.679% |
| Median gross rent | $763 | $755 |
| Population | 6,412 | 18,971 |
The weather behind that power bill
Cynthiana sits in Harrison County, which averages a high of 86.7°F in its hottest month and a low of 22.7°F in its coldest, with 47.73" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,124 cooling and 4,827 heating degree days, which is what sets the $144 electricity line above.
See the full climate breakdown for Harrison County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Harrison County
No other places of this size are published in Harrison County.
Full Harrison County cost breakdown · Every county in Kentucky
Talk to someone who works this market
These are Cynthiana 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 Cynthiana every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Cynthiana I already own here and may sell
Common questions
How much does it cost to own a home in Cynthiana?
A $155,000 home in Cynthiana, Kentucky costs approximately $1,371 per month with 20% down at 7.24%. That is $845 principal and interest, $103 property tax, $82 homeowners insurance, $212 utilities and $129 set aside for maintenance.
What is the property tax rate in Cynthiana?
Cynthiana has an effective property tax rate of 0.794%, based on a median home value of $154,700 and median real estate taxes of $1,228. That is higher than the Harrison County average of 0.679%.
What is the average home price in Cynthiana?
The median owner-occupied home value in Cynthiana, Kentucky is $154,700, against $188,900 across Harrison County.
Is it cheaper to rent or buy in Cynthiana?
Median gross rent in Cynthiana is $763 a month, against $1,371 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 Cynthiana?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Cynthiana, Kentucky at today's rate takes a household income of roughly $58,500 a year. That covers the full $1,371 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Cynthiana, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Kentucky.
- 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.