Total monthly cost of ownership
Cost to Own a Home in Kingston, New York
A $278,000 home here costs
$2,547per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,429. The real number is $1,118 higher every month — 78% 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.
Kingston against Ulster County and New York
| Measure | Kingston | Ulster County |
|---|---|---|
| Median home value | $277,900 | $315,100 |
| Median property tax | $5,852 | $6,124 |
| Effective tax rate | 2.106% | 1.944% |
| Median gross rent | $1,323 | $1,335 |
| Population | 23,942 | 182,109 |
The weather behind that power bill
Kingston sits in Ulster County, which averages a high of 74.0°F in its hottest month and a low of 12.3°F in its coldest, with 63.08" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 149 cooling and 8,090 heating degree days, which is what sets the $269 electricity line above.
See the full climate breakdown for Ulster County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ulster County
Full Ulster County cost breakdown · Every county in New York
Common questions
How much does it cost to own a home in Kingston?
A $278,000 home in Kingston, New York costs approximately $2,547 per month with 20% down at 6.66%. That is $1,429 principal and interest, $488 property tax, $61 homeowners insurance, $337 utilities and $232 set aside for maintenance.
What is the property tax rate in Kingston?
Kingston has an effective property tax rate of 2.106%, based on a median home value of $277,900 and median real estate taxes of $5,852. That is higher than the Ulster County average of 1.944%.
What is the average home price in Kingston?
The median owner-occupied home value in Kingston, New York is $277,900, against $315,100 across Ulster County.
Is it cheaper to rent or buy in Kingston?
Median gross rent in Kingston is $1,323 a month, against $2,547 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 Kingston — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for New York.
- 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.