Total monthly cost of ownership
Cost to Own a Home in Livermore, Kentucky
A $122,000 home here costs
$1,089per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $627. The real number is $462 higher every month — 74% 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.
Livermore against McLean County and Kentucky
| Measure | Livermore | McLean County |
|---|---|---|
| Median home value | $122,300 | $145,600 |
| Median property tax | $1,127 | $984 |
| Effective tax rate | 0.922% | 0.676% |
| Median gross rent | $341 | $602 |
| Population | 1,046 | 9,127 |
The weather behind that power bill
Livermore sits in McLean County, which averages a high of 87.2°F in its hottest month and a low of 26.1°F in its coldest, with 45.56" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,416 cooling and 4,231 heating degree days, which is what sets the $135 electricity line above.
See the full climate breakdown for McLean County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in McLean County
No other places of this size are published in McLean County.
Full McLean County cost breakdown · Every county in Kentucky
Common questions
How much does it cost to own a home in Livermore?
A $122,000 home in Livermore, Kentucky costs approximately $1,089 per month with 20% down at 6.66%. That is $627 principal and interest, $94 property tax, $64 homeowners insurance, $203 utilities and $102 set aside for maintenance.
What is the property tax rate in Livermore?
Livermore has an effective property tax rate of 0.922%, based on a median home value of $122,300 and median real estate taxes of $1,127. That is higher than the McLean County average of 0.676%.
What is the average home price in Livermore?
The median owner-occupied home value in Livermore, Kentucky is $122,300, against $145,600 across McLean County.
Is it cheaper to rent or buy in Livermore?
Median gross rent in Livermore is $341 a month, against $1,089 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 Livermore — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Kentucky.
- 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.