Total monthly cost of ownership
Cost to Own a Home in Lusby, Maryland
A $328,000 home here costs
$2,586per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,686. The real number is $899 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.
Lusby against Calvert County and Maryland
| Measure | Lusby | Calvert County |
|---|---|---|
| Median home value | $327,500 | $440,200 |
| Median property tax | $3,360 | $3,858 |
| Effective tax rate | 1.026% | 0.876% |
| Median gross rent | $1,193 | $1,701 |
| Population | 2,161 | 93,791 |
The weather behind that power bill
Lusby sits in Calvert County, which averages a high of 87.3°F in its hottest month and a low of 29.5°F in its coldest, with 45.3" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,508 cooling and 3,927 heating degree days, which is what sets the $196 electricity line above.
See the full climate breakdown for Calvert County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Calvert County
Full Calvert County cost breakdown · Every county in Maryland
Common questions
How much does it cost to own a home in Lusby?
A $328,000 home in Lusby, Maryland costs approximately $2,586 per month with 20% down at 6.66%. That is $1,686 principal and interest, $280 property tax, $82 homeowners insurance, $264 utilities and $273 set aside for maintenance.
What is the property tax rate in Lusby?
Lusby has an effective property tax rate of 1.026%, based on a median home value of $327,500 and median real estate taxes of $3,360. That is higher than the Calvert County average of 0.876%.
What is the average home price in Lusby?
The median owner-occupied home value in Lusby, Maryland is $327,500, against $440,200 across Calvert County.
Is it cheaper to rent or buy in Lusby?
Median gross rent in Lusby is $1,193 a month, against $2,586 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 Lusby — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Maryland.
- 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.