Total monthly cost of ownership
Cost to Own a Home in Keene, New Hampshire
A $233,000 home here costs
$2,313per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,198. The real number is $1,115 higher every month — 93% 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.
Keene against Cheshire County and New Hampshire
| Measure | Keene | Cheshire County |
|---|---|---|
| Median home value | $232,500 | $257,200 |
| Median property tax | $6,576 | $5,968 |
| Effective tax rate | 2.828% | 2.320% |
| Median gross rent | $1,275 | $1,220 |
| Population | 22,923 | 76,945 |
The weather behind that power bill
Keene sits in Cheshire County, which averages a high of 81.9°F in its hottest month and a low of 10.4°F in its coldest, with 46.11" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 375 cooling and 7,501 heating degree days, which is what sets the $246 electricity line above.
See the full climate breakdown for Cheshire County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cheshire County
Full Cheshire County cost breakdown · Every county in New Hampshire
Common questions
How much does it cost to own a home in Keene?
A $233,000 home in Keene, New Hampshire costs approximately $2,313 per month with 20% down at 6.66%. That is $1,198 principal and interest, $549 property tax, $58 homeowners insurance, $314 utilities and $194 set aside for maintenance.
What is the property tax rate in Keene?
Keene has an effective property tax rate of 2.828%, based on a median home value of $232,500 and median real estate taxes of $6,576. That is higher than the Cheshire County average of 2.320%.
What is the average home price in Keene?
The median owner-occupied home value in Keene, New Hampshire is $232,500, against $257,200 across Cheshire County.
Is it cheaper to rent or buy in Keene?
Median gross rent in Keene is $1,275 a month, against $2,313 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 Keene — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for New Hampshire.
- 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.