Total monthly cost of ownership
Cost to Own a Home in Laguna Beach, California
A $2,000,000 home here costs
$13,459per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $10,282. The real number is $3,177 higher every month — 31% 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.
Laguna Beach against Orange County and California
| Measure | Laguna Beach | Orange County |
|---|---|---|
| Median home value | $2,000,001 | $915,500 |
| Median property tax | $10,001 | $6,096 |
| Effective tax rate | 0.500% | 0.666% |
| Median gross rent | $2,802 | $2,352 |
| Population | 22,777 | 3,164,063 |
The weather behind that power bill
Laguna Beach sits in Orange County, which averages a high of 87.3°F in its hottest month and a low of 42.8°F in its coldest, with 14.12" of precipitation a year and 62% of it in a single three-month stretch. That climate drives 1,246 cooling and 1,287 heating degree days, which is what sets the $299 electricity line above.
See the full climate breakdown for Orange County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Orange County
Full Orange County cost breakdown · Every county in California
Common questions
How much does it cost to own a home in Laguna Beach?
A $2,000,000 home in Laguna Beach, California costs approximately $13,459 per month with 20% down at 6.66%. That is $10,282 principal and interest, $833 property tax, $310 homeowners insurance, $367 utilities and $1,667 set aside for maintenance.
What is the property tax rate in Laguna Beach?
Laguna Beach has an effective property tax rate of 0.500%, based on a median home value of $2,000,001 and median real estate taxes of $10,001. That is lower than the Orange County average of 0.666%.
What is the average home price in Laguna Beach?
The median owner-occupied home value in Laguna Beach, California is $2,000,001, against $915,500 across Orange County.
Is it cheaper to rent or buy in Laguna Beach?
Median gross rent in Laguna Beach is $2,802 a month, against $13,459 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 Laguna Beach — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for California.
- 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.