Total monthly cost of ownership
Cost to Own a Home in Frisco City, Alabama
A $90,000 home here costs
$839per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $463. The real number is $376 higher every month — 81% 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.
Frisco City against Monroe County and Alabama
| Measure | Frisco City | Monroe County |
|---|---|---|
| Median home value | $89,800 | $114,900 |
| Median property tax | $250 | $362 |
| Effective tax rate | 0.278% | 0.315% |
| Median gross rent | $695 | $721 |
| Population | 1,657 | 19,580 |
The weather behind that power bill
Frisco City sits in Monroe County, which averages a high of 93.2°F in its hottest month and a low of 38.4°F in its coldest, with 55.28" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,606 cooling and 1,762 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Monroe County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Monroe County
Common questions
How much does it cost to own a home in Frisco City?
A $90,000 home in Frisco City, Alabama costs approximately $839 per month with 20% down at 6.66%. That is $463 principal and interest, $21 property tax, $61 homeowners insurance, $219 utilities and $75 set aside for maintenance.
What is the property tax rate in Frisco City?
Frisco City has an effective property tax rate of 0.278%, based on a median home value of $89,800 and median real estate taxes of $250. That is lower than the Monroe County average of 0.315%.
What is the average home price in Frisco City?
The median owner-occupied home value in Frisco City, Alabama is $89,800, against $114,900 across Monroe County.
Is it cheaper to rent or buy in Frisco City?
Median gross rent in Frisco City is $695 a month, against $839 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 Frisco City — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Alabama.
- 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.