Total monthly cost of ownership
Cost to Own a Home in Galena, Ohio
A $422,000 home here costs
$3,385per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,170. The real number is $1,216 higher every month — 56% 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.
Galena against Delaware County and Ohio
| Measure | Galena | Delaware County |
|---|---|---|
| Median home value | $422,400 | $419,500 |
| Median property tax | $5,571 | $6,896 |
| Effective tax rate | 1.319% | 1.644% |
| Median gross rent | $1,240 | $1,433 |
| Population | 1,427 | 221,160 |
The weather behind that power bill
Galena sits in Delaware County, which averages a high of 84.3°F in its hottest month and a low of 21.3°F in its coldest, with 35.76" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 919 cooling and 5,486 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Delaware County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Delaware County
Common questions
How much does it cost to own a home in Galena?
A $422,000 home in Galena, Ohio costs approximately $3,385 per month with 20% down at 6.66%. That is $2,170 principal and interest, $464 property tax, $157 homeowners insurance, $243 utilities and $352 set aside for maintenance.
What is the property tax rate in Galena?
Galena has an effective property tax rate of 1.319%, based on a median home value of $422,400 and median real estate taxes of $5,571. That is lower than the Delaware County average of 1.644%.
What is the average home price in Galena?
The median owner-occupied home value in Galena, Ohio is $422,400, against $419,500 across Delaware County.
Is it cheaper to rent or buy in Galena?
Median gross rent in Galena is $1,240 a month, against $3,385 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 Galena — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Ohio.
- 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.