Total monthly cost of ownership
Cost to Own a Home in Erda, Utah
A $601,000 home here costs
$4,149per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $3,090. The real number is $1,059 higher every month — 34% 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.
Erda against Tooele County and Utah
| Measure | Erda | Tooele County |
|---|---|---|
| Median home value | $600,700 | $391,300 |
| Median property tax | $3,405 | $2,303 |
| Effective tax rate | 0.567% | 0.589% |
| Median gross rent | — | $1,134 |
| Population | 3,294 | 76,648 |
The weather behind that power bill
Erda sits in Tooele County, which averages a high of 96.8°F in its hottest month and a low of 19.4°F in its coldest, with 6.36" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,465 cooling and 5,257 heating degree days, which is what sets the $117 electricity line above.
See the full climate breakdown for Tooele County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Tooele County
Common questions
How much does it cost to own a home in Erda?
A $601,000 home in Erda, Utah costs approximately $4,149 per month with 20% down at 6.66%. That is $3,090 principal and interest, $284 property tax, $90 homeowners insurance, $185 utilities and $501 set aside for maintenance.
What is the property tax rate in Erda?
Erda has an effective property tax rate of 0.567%, based on a median home value of $600,700 and median real estate taxes of $3,405. That is lower than the Tooele County average of 0.589%.
What is the average home price in Erda?
The median owner-occupied home value in Erda, Utah is $600,700, against $391,300 across Tooele County.
Is it cheaper to rent or buy in Erda?
Rent data is not published for Erda at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Erda — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Utah.
- 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.