Total monthly cost of ownership
Cost to Own a Home in Kennesaw, Georgia
A $291,000 home here costs
$2,394per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $102,500 a year.
A standard mortgage calculator would have told you $1,587. The real number is $807 higher every month, 51% more than the payment most buyers budget for.
Compare Cobb County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Kennesaw against Cobb County and Georgia
| Measure | Kennesaw | Cobb County |
|---|---|---|
| Median home value | $291,300 | $373,700 |
| Median property tax | $2,400 | $2,560 |
| Effective tax rate | 0.824% | 0.685% |
| Median gross rent | $1,763 | $1,640 |
| Population | 33,627 | 769,152 |
The weather behind that power bill
Kennesaw sits in Cobb County, which averages a high of 90.0°F in its hottest month and a low of 33.5°F in its coldest, with 48.13" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 1,826 cooling and 2,775 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Cobb County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cobb County
Talk to someone who works this market
These are Kennesaw averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Kennesaw every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Kennesaw I already own here and may sell
Common questions
How much does it cost to own a home in Kennesaw?
A $291,000 home in Kennesaw, Georgia costs approximately $2,394 per month with 20% down at 7.24%. That is $1,587 principal and interest, $200 property tax, $126 homeowners insurance, $239 utilities and $243 set aside for maintenance.
What is the property tax rate in Kennesaw?
Kennesaw has an effective property tax rate of 0.824%, based on a median home value of $291,300 and median real estate taxes of $2,400. That is higher than the Cobb County average of 0.685%.
What is the average home price in Kennesaw?
The median owner-occupied home value in Kennesaw, Georgia is $291,300, against $373,700 across Cobb County.
Is it cheaper to rent or buy in Kennesaw?
Median gross rent in Kennesaw is $1,763 a month, against $2,394 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Kennesaw?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Kennesaw, Georgia at today's rate takes a household income of roughly $102,500 a year. That covers the full $2,394 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Kennesaw, 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.