Total monthly cost of ownership
Cost to Own a Home in Edmonton, Kentucky
A $96,000 home here costs
$886per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $494. The real number is $393 higher every month — 80% 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.
Edmonton against Metcalfe County and Kentucky
| Measure | Edmonton | Metcalfe County |
|---|---|---|
| Median home value | $96,200 | $103,100 |
| Median property tax | $717 | $743 |
| Effective tax rate | 0.745% | 0.721% |
| Median gross rent | $584 | $549 |
| Population | 2,168 | 10,372 |
The weather behind that power bill
Edmonton sits in Metcalfe County, which averages a high of 86.2°F in its hottest month and a low of 25.3°F in its coldest, with 53.47" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,343 cooling and 4,263 heating degree days, which is what sets the $135 electricity line above.
See the full climate breakdown for Metcalfe County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Metcalfe County
No other places of this size are published in Metcalfe County.
Full Metcalfe County cost breakdown · Every county in Kentucky
Common questions
How much does it cost to own a home in Edmonton?
A $96,000 home in Edmonton, Kentucky costs approximately $886 per month with 20% down at 6.66%. That is $494 principal and interest, $60 property tax, $50 homeowners insurance, $203 utilities and $80 set aside for maintenance.
What is the property tax rate in Edmonton?
Edmonton has an effective property tax rate of 0.745%, based on a median home value of $96,200 and median real estate taxes of $717. That is higher than the Metcalfe County average of 0.721%.
What is the average home price in Edmonton?
The median owner-occupied home value in Edmonton, Kentucky is $96,200, against $103,100 across Metcalfe County.
Is it cheaper to rent or buy in Edmonton?
Median gross rent in Edmonton is $584 a month, against $886 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 Edmonton — 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.