Total monthly cost of ownership
Cost to Own a Home in Lake Dalecarlia, Indiana
A $313,000 home here costs
$2,462per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,609. The real number is $853 higher every month — 53% 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.
Lake Dalecarlia against Lake County and Indiana
| Measure | Lake Dalecarlia | Lake County |
|---|---|---|
| Median home value | $313,200 | $214,700 |
| Median property tax | $2,730 | $1,987 |
| Effective tax rate | 0.872% | 0.925% |
| Median gross rent | — | $1,094 |
| Population | 1,421 | 498,990 |
The weather behind that power bill
Lake Dalecarlia sits in Lake County, which averages a high of 85.0°F in its hottest month and a low of 18.4°F in its coldest, with 33.35" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 975 cooling and 5,737 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Lake County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lake County
Common questions
How much does it cost to own a home in Lake Dalecarlia?
A $313,000 home in Lake Dalecarlia, Indiana costs approximately $2,462 per month with 20% down at 6.66%. That is $1,609 principal and interest, $227 property tax, $134 homeowners insurance, $231 utilities and $261 set aside for maintenance.
What is the property tax rate in Lake Dalecarlia?
Lake Dalecarlia has an effective property tax rate of 0.872%, based on a median home value of $313,200 and median real estate taxes of $2,730. That is lower than the Lake County average of 0.925%.
What is the average home price in Lake Dalecarlia?
The median owner-occupied home value in Lake Dalecarlia, Indiana is $313,200, against $214,700 across Lake County.
Is it cheaper to rent or buy in Lake Dalecarlia?
Rent data is not published for Lake Dalecarlia at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Lake Dalecarlia — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Indiana.
- 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.