Total monthly cost of ownership
Cost to Own a Home in Gruetli-Laager, Tennessee
A $148,000 home here costs
$1,204per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $761. The real number is $443 higher every month — 58% 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.
Gruetli-Laager against Grundy County and Tennessee
| Measure | Gruetli-Laager | Grundy County |
|---|---|---|
| Median home value | $147,900 | $133,400 |
| Median property tax | $715 | $563 |
| Effective tax rate | 0.483% | 0.422% |
| Median gross rent | $1,029 | $723 |
| Population | 1,619 | 13,665 |
The weather behind that power bill
Gruetli-Laager sits in Grundy County, which averages a high of 83.2°F in its hottest month and a low of 25.6°F in its coldest, with 63.18" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 818 cooling and 4,477 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Grundy County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Grundy County
Full Grundy County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Gruetli-Laager?
A $148,000 home in Gruetli-Laager, Tennessee costs approximately $1,204 per month with 20% down at 6.66%. That is $761 principal and interest, $60 property tax, $62 homeowners insurance, $198 utilities and $123 set aside for maintenance.
What is the property tax rate in Gruetli-Laager?
Gruetli-Laager has an effective property tax rate of 0.483%, based on a median home value of $147,900 and median real estate taxes of $715. That is higher than the Grundy County average of 0.422%.
What is the average home price in Gruetli-Laager?
The median owner-occupied home value in Gruetli-Laager, Tennessee is $147,900, against $133,400 across Grundy County.
Is it cheaper to rent or buy in Gruetli-Laager?
Median gross rent in Gruetli-Laager is $1,029 a month, against $1,204 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 Gruetli-Laager — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Tennessee.
- 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.