Total monthly cost of ownership
Cost to Own a Home in Millville, Utah
A $407,000 home here costs
$2,833per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,092. The real number is $741 higher every month — 35% 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.
Millville against Cache County and Utah
| Measure | Millville | Cache County |
|---|---|---|
| Median home value | $407,000 | $392,800 |
| Median property tax | $1,871 | $1,929 |
| Effective tax rate | 0.460% | 0.491% |
| Median gross rent | $1,063 | $1,137 |
| Population | 1,820 | 137,031 |
The weather behind that power bill
Millville sits in Cache County, which averages a high of 88.2°F in its hottest month and a low of 17.6°F in its coldest, with 18.97" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 719 cooling and 6,693 heating degree days, which is what sets the $117 electricity line above.
See the full climate breakdown for Cache County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cache County
Common questions
How much does it cost to own a home in Millville?
A $407,000 home in Millville, Utah costs approximately $2,833 per month with 20% down at 6.66%. That is $2,092 principal and interest, $156 property tax, $61 homeowners insurance, $185 utilities and $339 set aside for maintenance.
What is the property tax rate in Millville?
Millville has an effective property tax rate of 0.460%, based on a median home value of $407,000 and median real estate taxes of $1,871. That is lower than the Cache County average of 0.491%.
What is the average home price in Millville?
The median owner-occupied home value in Millville, Utah is $407,000, against $392,800 across Cache County.
Is it cheaper to rent or buy in Millville?
Median gross rent in Millville is $1,063 a month, against $2,833 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 Millville — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Utah.
- 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.