Total monthly cost of ownership
Cost to Own a Home in Dillon, Montana
A $238,000 home here costs
$1,891per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,224. The real number is $667 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.
Dillon against Beaverhead County and Montana
| Measure | Dillon | Beaverhead County |
|---|---|---|
| Median home value | $237,500 | $282,000 |
| Median property tax | $2,240 | $1,876 |
| Effective tax rate | 0.943% | 0.665% |
| Median gross rent | $821 | $800 |
| Population | 4,020 | 9,590 |
The weather behind that power bill
Dillon sits in Beaverhead County, which averages a high of 80.9°F in its hottest month and a low of 6.5°F in its coldest, with 10.09" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 35 cooling and 9,590 heating degree days, which is what sets the $132 electricity line above.
See the full climate breakdown for Beaverhead County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Beaverhead County
No other places of this size are published in Beaverhead County.
Full Beaverhead County cost breakdown · Every county in Montana
Common questions
How much does it cost to own a home in Dillon?
A $238,000 home in Dillon, Montana costs approximately $1,891 per month with 20% down at 6.66%. That is $1,224 principal and interest, $187 property tax, $82 homeowners insurance, $200 utilities and $198 set aside for maintenance.
What is the property tax rate in Dillon?
Dillon has an effective property tax rate of 0.943%, based on a median home value of $237,500 and median real estate taxes of $2,240. That is higher than the Beaverhead County average of 0.665%.
What is the average home price in Dillon?
The median owner-occupied home value in Dillon, Montana is $237,500, against $282,000 across Beaverhead County.
Is it cheaper to rent or buy in Dillon?
Median gross rent in Dillon is $821 a month, against $1,891 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 Dillon — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Montana.
- 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.