Total monthly cost of ownership
Cost to Own a Home in East Hampton North, New York
A $925,000 home here costs
$6,561per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $4,755. The real number is $1,806 higher every month — 38% 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.
East Hampton North against Suffolk County and New York
| Measure | East Hampton North | Suffolk County |
|---|---|---|
| Median home value | $924,900 | $539,500 |
| Median property tax | $5,930 | $10,001 |
| Effective tax rate | 0.641% | 1.854% |
| Median gross rent | $1,375 | $2,190 |
| Population | 5,751 | 1,525,680 |
The weather behind that power bill
East Hampton North sits in Suffolk County, which averages a high of 83.9°F in its hottest month and a low of 26.0°F in its coldest, with 47.22" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 945 cooling and 4,906 heating degree days, which is what sets the $269 electricity line above.
See the full climate breakdown for Suffolk County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Suffolk County
Full Suffolk County cost breakdown · Every county in New York
Common questions
How much does it cost to own a home in East Hampton North?
A $925,000 home in East Hampton North, New York costs approximately $6,561 per month with 20% down at 6.66%. That is $4,755 principal and interest, $494 property tax, $204 homeowners insurance, $337 utilities and $771 set aside for maintenance.
What is the property tax rate in East Hampton North?
East Hampton North has an effective property tax rate of 0.641%, based on a median home value of $924,900 and median real estate taxes of $5,930. That is lower than the Suffolk County average of 1.854%.
What is the average home price in East Hampton North?
The median owner-occupied home value in East Hampton North, New York is $924,900, against $539,500 across Suffolk County.
Is it cheaper to rent or buy in East Hampton North?
Median gross rent in East Hampton North is $1,375 a month, against $6,561 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 East Hampton North — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for New York.
- 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.