Total monthly cost of ownership
Cost to Own a Home in Jekyll Island, Georgia
A $522,000 home here costs
$3,783per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,684. The real number is $1,099 higher every month — 41% 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.
Jekyll Island against Glynn County and Georgia
| Measure | Jekyll Island | Glynn County |
|---|---|---|
| Median home value | $522,100 | $268,300 |
| Median property tax | $2,725 | $1,712 |
| Effective tax rate | 0.522% | 0.638% |
| Median gross rent | $1,467 | $1,060 |
| Population | 1,078 | 84,987 |
The weather behind that power bill
Jekyll Island sits in Glynn County, which averages a high of 90.3°F in its hottest month and a low of 44.0°F in its coldest, with 50.29" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 2,698 cooling and 1,400 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Glynn County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Glynn County
Common questions
How much does it cost to own a home in Jekyll Island?
A $522,000 home in Jekyll Island, Georgia costs approximately $3,783 per month with 20% down at 6.66%. That is $2,684 principal and interest, $227 property tax, $227 homeowners insurance, $210 utilities and $435 set aside for maintenance.
What is the property tax rate in Jekyll Island?
Jekyll Island has an effective property tax rate of 0.522%, based on a median home value of $522,100 and median real estate taxes of $2,725. That is lower than the Glynn County average of 0.638%.
What is the average home price in Jekyll Island?
The median owner-occupied home value in Jekyll Island, Georgia is $522,100, against $268,300 across Glynn County.
Is it cheaper to rent or buy in Jekyll Island?
Median gross rent in Jekyll Island is $1,467 a month, against $3,783 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 Jekyll Island — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Georgia.
- 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.