Total monthly cost of ownership
Cost to Own a Home in Havana, Illinois
A $95,000 home here costs
$1,065per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $488. The real number is $576 higher every month — 118% 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.
Havana against Mason County and Illinois
| Measure | Havana | Mason County |
|---|---|---|
| Median home value | $95,200 | $106,100 |
| Median property tax | $2,136 | $2,277 |
| Effective tax rate | 2.244% | 2.146% |
| Median gross rent | $716 | $760 |
| Population | 3,176 | 12,878 |
The weather behind that power bill
Havana sits in Mason County, which averages a high of 88.1°F in its hottest month and a low of 16.4°F in its coldest, with 41.04" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 1,161 cooling and 5,686 heating degree days, which is what sets the $214 electricity line above.
See the full climate breakdown for Mason County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mason County
Common questions
How much does it cost to own a home in Havana?
A $95,000 home in Havana, Illinois costs approximately $1,065 per month with 20% down at 6.66%. That is $488 principal and interest, $178 property tax, $37 homeowners insurance, $282 utilities and $79 set aside for maintenance.
What is the property tax rate in Havana?
Havana has an effective property tax rate of 2.244%, based on a median home value of $95,200 and median real estate taxes of $2,136. That is higher than the Mason County average of 2.146%.
What is the average home price in Havana?
The median owner-occupied home value in Havana, Illinois is $95,200, against $106,100 across Mason County.
Is it cheaper to rent or buy in Havana?
Median gross rent in Havana is $716 a month, against $1,065 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 Havana — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Illinois.
- 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.