Total monthly cost of ownership
Cost to Own a Home in El Dorado Hills, California
A $870,000 home here costs
$6,318per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $4,473. The real number is $1,845 higher every month — 41% 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.
El Dorado Hills against El Dorado County and California
| Measure | El Dorado Hills | El Dorado County |
|---|---|---|
| Median home value | $870,300 | $640,500 |
| Median property tax | $7,427 | $4,510 |
| Effective tax rate | 0.853% | 0.704% |
| Median gross rent | $2,468 | $1,626 |
| Population | 50,553 | 192,299 |
The weather behind that power bill
El Dorado Hills sits in El Dorado County, which averages a high of 90.3°F in its hottest month and a low of 30.5°F in its coldest, with 54.46" of precipitation a year and 51% of it in a single three-month stretch. That climate drives 594 cooling and 4,977 heating degree days, which is what sets the $299 electricity line above.
See the full climate breakdown for El Dorado County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in El Dorado County
Full El Dorado County cost breakdown · Every county in California
Common questions
How much does it cost to own a home in El Dorado Hills?
A $870,000 home in El Dorado Hills, California costs approximately $6,318 per month with 20% down at 6.66%. That is $4,473 principal and interest, $618 property tax, $135 homeowners insurance, $367 utilities and $725 set aside for maintenance.
What is the property tax rate in El Dorado Hills?
El Dorado Hills has an effective property tax rate of 0.853%, based on a median home value of $870,300 and median real estate taxes of $7,427. That is higher than the El Dorado County average of 0.704%.
What is the average home price in El Dorado Hills?
The median owner-occupied home value in El Dorado Hills, California is $870,300, against $640,500 across El Dorado County.
Is it cheaper to rent or buy in El Dorado Hills?
Median gross rent in El Dorado Hills is $2,468 a month, against $6,318 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 El Dorado Hills — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for California.
- 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.