Total monthly cost of ownership
Cost to Own a Home in Fowler, Indiana
A $110,000 home here costs
$1,017per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $566. The real number is $451 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.
Fowler against Benton County and Indiana
| Measure | Fowler | Benton County |
|---|---|---|
| Median home value | $110,300 | $135,400 |
| Median property tax | $979 | $1,024 |
| Effective tax rate | 0.888% | 0.756% |
| Median gross rent | $918 | $834 |
| Population | 2,286 | 8,708 |
The weather behind that power bill
Fowler sits in Benton County, which averages a high of 83.1°F in its hottest month and a low of 15.4°F in its coldest, with 40.24" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 768 cooling and 6,285 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Benton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Benton County
Common questions
How much does it cost to own a home in Fowler?
A $110,000 home in Fowler, Indiana costs approximately $1,017 per month with 20% down at 6.66%. That is $566 principal and interest, $81 property tax, $47 homeowners insurance, $231 utilities and $92 set aside for maintenance.
What is the property tax rate in Fowler?
Fowler has an effective property tax rate of 0.888%, based on a median home value of $110,300 and median real estate taxes of $979. That is higher than the Benton County average of 0.756%.
What is the average home price in Fowler?
The median owner-occupied home value in Fowler, Indiana is $110,300, against $135,400 across Benton County.
Is it cheaper to rent or buy in Fowler?
Median gross rent in Fowler is $918 a month, against $1,017 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 Fowler — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Indiana.
- 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.