Total monthly cost of ownership
Cost to Own a Home in Mathews, Louisiana
A $219,000 home here costs
$1,757per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,126. The real number is $631 higher every month — 56% 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.
Mathews against Lafourche Parish and Louisiana
| Measure | Mathews | Lafourche Parish |
|---|---|---|
| Median home value | $218,800 | $190,800 |
| Median property tax | $671 | $951 |
| Effective tax rate | 0.307% | 0.498% |
| Median gross rent | $1,057 | $933 |
| Population | 1,579 | 96,670 |
The weather behind that power bill
Mathews sits in Lafourche Parish, which averages a high of 89.4°F in its hottest month and a low of 44.8°F in its coldest, with 66.68" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 2,886 cooling and 1,267 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Lafourche Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lafourche Parish
Full Lafourche Parish cost breakdown · Every county in Louisiana
Common questions
How much does it cost to own a home in Mathews?
A $219,000 home in Mathews, Louisiana costs approximately $1,757 per month with 20% down at 6.66%. That is $1,126 principal and interest, $56 property tax, $198 homeowners insurance, $195 utilities and $183 set aside for maintenance.
What is the property tax rate in Mathews?
Mathews has an effective property tax rate of 0.307%, based on a median home value of $218,800 and median real estate taxes of $671. That is lower than the Lafourche Parish average of 0.498%.
What is the average home price in Mathews?
The median owner-occupied home value in Mathews, Louisiana is $218,800, against $190,800 across Lafourche Parish.
Is it cheaper to rent or buy in Mathews?
Median gross rent in Mathews is $1,057 a month, against $1,757 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 Mathews — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Louisiana.
- 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.