Total monthly cost of ownership
Cost to Own a Home in Ida Grove, Iowa
A $96,000 home here costs
$912per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $494. The real number is $419 higher every month — 85% 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.
Ida Grove against Ida County and Iowa
| Measure | Ida Grove | Ida County |
|---|---|---|
| Median home value | $96,000 | $108,800 |
| Median property tax | $1,224 | $1,158 |
| Effective tax rate | 1.275% | 1.064% |
| Median gross rent | $671 | $669 |
| Population | 1,904 | 6,944 |
The weather behind that power bill
Ida Grove sits in Ida County, which averages a high of 85.0°F in its hottest month and a low of 10.4°F in its coldest, with 29.27" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 866 cooling and 6,860 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Ida County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ida County
Common questions
How much does it cost to own a home in Ida Grove?
A $96,000 home in Ida Grove, Iowa costs approximately $912 per month with 20% down at 6.66%. That is $494 principal and interest, $102 property tax, $42 homeowners insurance, $195 utilities and $80 set aside for maintenance.
What is the property tax rate in Ida Grove?
Ida Grove has an effective property tax rate of 1.275%, based on a median home value of $96,000 and median real estate taxes of $1,224. That is higher than the Ida County average of 1.064%.
What is the average home price in Ida Grove?
The median owner-occupied home value in Ida Grove, Iowa is $96,000, against $108,800 across Ida County.
Is it cheaper to rent or buy in Ida Grove?
Median gross rent in Ida Grove is $671 a month, against $912 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 Ida Grove — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Iowa.
- 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.