Total monthly cost of ownership
Cost to Own a Home in Horse Cave, Kentucky
A $94,000 home here costs
$874per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $483. The real number is $391 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.
Horse Cave against Hart County and Kentucky
| Measure | Horse Cave | Hart County |
|---|---|---|
| Median home value | $93,600 | $124,600 |
| Median property tax | $719 | $935 |
| Effective tax rate | 0.768% | 0.750% |
| Median gross rent | $646 | $692 |
| Population | 2,348 | 19,470 |
The weather behind that power bill
Horse Cave sits in Hart County, which averages a high of 85.5°F in its hottest month and a low of 27.4°F in its coldest, with 53.03" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,338 cooling and 4,036 heating degree days, which is what sets the $135 electricity line above.
See the full climate breakdown for Hart County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hart County
Common questions
How much does it cost to own a home in Horse Cave?
A $94,000 home in Horse Cave, Kentucky costs approximately $874 per month with 20% down at 6.66%. That is $483 principal and interest, $60 property tax, $49 homeowners insurance, $203 utilities and $78 set aside for maintenance.
What is the property tax rate in Horse Cave?
Horse Cave has an effective property tax rate of 0.768%, based on a median home value of $93,600 and median real estate taxes of $719. That is higher than the Hart County average of 0.750%.
What is the average home price in Horse Cave?
The median owner-occupied home value in Horse Cave, Kentucky is $93,600, against $124,600 across Hart County.
Is it cheaper to rent or buy in Horse Cave?
Median gross rent in Horse Cave is $646 a month, against $874 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 Horse Cave — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Kentucky.
- 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.