Cost to Own
United StatesPennsylvaniaErie CountyFairview Population 3,014 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Fairview, Pennsylvania

A $210,000 home here costs

$1,892

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,080. The real number is $812 higher every month — 75% more than the payment most buyers budget for.

Fairview median: $209,500
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $168,000 borrowed $1,080
Property tax1.746% effective rate for Fairview itself $306
Homeowners insurancePennsylvania averages $1,014/yr (NAIC), or 0.401% of home value $70
Electricity21.55¢/kWh — Pennsylvania residential average, EIA $194
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $175
Total monthly $1,892

Fairview against Erie County and Pennsylvania

MeasureFairviewErie County
Median home value$209,500$169,500
Median property tax$3,658$2,754
Effective tax rate1.746%1.625%
Median gross rent$1,159$876
Population3,014269,544

The weather behind that power bill

Fairview sits in Erie County, which averages a high of 81.1°F in its hottest month and a low of 21.3°F in its coldest, with 42.98" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 752 cooling and 5,905 heating degree days, which is what sets the $194 electricity line above.

See the full climate breakdown for Erie County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Erie County

Full Erie County cost breakdown · Every county in Pennsylvania

Common questions

How much does it cost to own a home in Fairview?

A $210,000 home in Fairview, Pennsylvania costs approximately $1,892 per month with 20% down at 6.66%. That is $1,080 principal and interest, $306 property tax, $70 homeowners insurance, $262 utilities and $175 set aside for maintenance.

What is the property tax rate in Fairview?

Fairview has an effective property tax rate of 1.746%, based on a median home value of $209,500 and median real estate taxes of $3,658. That is higher than the Erie County average of 1.625%.

What is the average home price in Fairview?

The median owner-occupied home value in Fairview, Pennsylvania is $209,500, against $169,500 across Erie County.

Is it cheaper to rent or buy in Fairview?

Median gross rent in Fairview is $1,159 a month, against $1,892 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 Fairview — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Pennsylvania.
  • 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.

Full methodology