Total monthly cost of ownership
Cost to Own a Home in Huntington, West Virginia
A $119,000 home here costs
$1,066per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $612. The real number is $454 higher every month — 74% 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.
Huntington against Cabell County and West Virginia
| Measure | Huntington | Cabell County |
|---|---|---|
| Median home value | $118,800 | $156,100 |
| Median property tax | $878 | $989 |
| Effective tax rate | 0.739% | 0.634% |
| Median gross rent | $863 | $877 |
| Population | 46,189 | 93,300 |
Huntington extends across 2 counties. Figures here use Cabell County, where most of its housing sits.
The weather behind that power bill
Huntington sits in Cabell County, which averages a high of 88.5°F in its hottest month and a low of 26.8°F in its coldest, with 46.6" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,404 cooling and 4,166 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Cabell County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cabell County
Full Cabell County cost breakdown · Every county in West Virginia
Common questions
How much does it cost to own a home in Huntington?
A $119,000 home in Huntington, West Virginia costs approximately $1,066 per month with 20% down at 6.66%. That is $612 principal and interest, $73 property tax, $63 homeowners insurance, $219 utilities and $99 set aside for maintenance.
What is the property tax rate in Huntington?
Huntington has an effective property tax rate of 0.739%, based on a median home value of $118,800 and median real estate taxes of $878. That is higher than the Cabell County average of 0.634%.
What is the average home price in Huntington?
The median owner-occupied home value in Huntington, West Virginia is $118,800, against $156,100 across Cabell County.
Is it cheaper to rent or buy in Huntington?
Median gross rent in Huntington is $863 a month, against $1,066 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 Huntington — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for West Virginia.
- 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.