Total monthly cost of ownership
Cost to Own a Home in Liverpool, New York
A $174,000 home here costs
$1,942per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $895. The real number is $1,048 higher every month — 117% 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.
Liverpool against Onondaga County and New York
| Measure | Liverpool | Onondaga County |
|---|---|---|
| Median home value | $173,900 | $185,300 |
| Median property tax | $6,327 | $4,805 |
| Effective tax rate | 3.638% | 2.593% |
| Median gross rent | $1,172 | $1,067 |
| Population | 2,604 | 471,611 |
The weather behind that power bill
Liverpool sits in Onondaga County, which averages a high of 81.7°F in its hottest month and a low of 16.5°F in its coldest, with 39.88" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 619 cooling and 6,588 heating degree days, which is what sets the $269 electricity line above.
See the full climate breakdown for Onondaga County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Onondaga County
Full Onondaga County cost breakdown · Every county in New York
Common questions
How much does it cost to own a home in Liverpool?
A $174,000 home in Liverpool, New York costs approximately $1,942 per month with 20% down at 6.66%. That is $895 principal and interest, $528 property tax, $38 homeowners insurance, $337 utilities and $145 set aside for maintenance.
What is the property tax rate in Liverpool?
Liverpool has an effective property tax rate of 3.638%, based on a median home value of $173,900 and median real estate taxes of $6,327. That is higher than the Onondaga County average of 2.593%.
What is the average home price in Liverpool?
The median owner-occupied home value in Liverpool, New York is $173,900, against $185,300 across Onondaga County.
Is it cheaper to rent or buy in Liverpool?
Median gross rent in Liverpool is $1,172 a month, against $1,942 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 Liverpool — 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.