Total monthly cost of ownership
Cost to Own a Home in Milledgeville, Georgia
A $184,000 home here costs
$1,528per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $946. The real number is $582 higher every month — 62% 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.
Milledgeville against Baldwin County and Georgia
| Measure | Milledgeville | Baldwin County |
|---|---|---|
| Median home value | $184,400 | $164,700 |
| Median property tax | $1,661 | $1,222 |
| Effective tax rate | 0.901% | 0.742% |
| Median gross rent | $850 | $865 |
| Population | 16,873 | 43,669 |
The weather behind that power bill
Milledgeville sits in Baldwin County, which averages a high of 93.2°F in its hottest month and a low of 33.0°F in its coldest, with 48.19" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 2,103 cooling and 2,480 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Baldwin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Baldwin County
Full Baldwin County cost breakdown · Every county in Georgia
Common questions
How much does it cost to own a home in Milledgeville?
A $184,000 home in Milledgeville, Georgia costs approximately $1,528 per month with 20% down at 6.66%. That is $946 principal and interest, $138 property tax, $80 homeowners insurance, $210 utilities and $153 set aside for maintenance.
What is the property tax rate in Milledgeville?
Milledgeville has an effective property tax rate of 0.901%, based on a median home value of $184,400 and median real estate taxes of $1,661. That is higher than the Baldwin County average of 0.742%.
What is the average home price in Milledgeville?
The median owner-occupied home value in Milledgeville, Georgia is $184,400, against $164,700 across Baldwin County.
Is it cheaper to rent or buy in Milledgeville?
Median gross rent in Milledgeville is $850 a month, against $1,528 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 Milledgeville — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Georgia.
- 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.