Total monthly cost of ownership
Cost to Own a Home in Manchester, New York
A $107,000 home here costs
$1,278per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $550. The real number is $727 higher every month — 132% 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.
Manchester against Ontario County and New York
| Measure | Manchester | Ontario County |
|---|---|---|
| Median home value | $106,500 | $202,900 |
| Median property tax | $3,316 | $4,460 |
| Effective tax rate | 3.114% | 2.198% |
| Median gross rent | $1,188 | $1,126 |
| Population | 1,655 | 112,405 |
The weather behind that power bill
Manchester sits in Ontario County, which averages a high of 81.4°F in its hottest month and a low of 17.8°F in its coldest, with 35.19" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 632 cooling and 6,513 heating degree days, which is what sets the $269 electricity line above.
See the full climate breakdown for Ontario County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ontario County
Full Ontario County cost breakdown · Every county in New York
Common questions
How much does it cost to own a home in Manchester?
A $107,000 home in Manchester, New York costs approximately $1,278 per month with 20% down at 6.66%. That is $550 principal and interest, $278 property tax, $24 homeowners insurance, $337 utilities and $89 set aside for maintenance.
What is the property tax rate in Manchester?
Manchester has an effective property tax rate of 3.114%, based on a median home value of $106,500 and median real estate taxes of $3,316. That is higher than the Ontario County average of 2.198%.
What is the average home price in Manchester?
The median owner-occupied home value in Manchester, New York is $106,500, against $202,900 across Ontario County.
Is it cheaper to rent or buy in Manchester?
Median gross rent in Manchester is $1,188 a month, against $1,278 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 Manchester — 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.