Total monthly cost of ownership
Cost to Own a Home in Monaca, Pennsylvania
A $142,000 home here costs
$1,337per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $730. The real number is $607 higher every month — 83% 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.
Monaca against Beaver County and Pennsylvania
| Measure | Monaca | Beaver County |
|---|---|---|
| Median home value | $142,100 | $185,500 |
| Median property tax | $2,154 | $2,672 |
| Effective tax rate | 1.516% | 1.440% |
| Median gross rent | $773 | $867 |
| Population | 5,557 | 166,993 |
The weather behind that power bill
Monaca sits in Beaver County, which averages a high of 81.8°F in its hottest month and a low of 20.7°F in its coldest, with 40.69" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 636 cooling and 5,811 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Beaver County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Beaver County
Full Beaver County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Monaca?
A $142,000 home in Monaca, Pennsylvania costs approximately $1,337 per month with 20% down at 6.66%. That is $730 principal and interest, $179 property tax, $47 homeowners insurance, $262 utilities and $118 set aside for maintenance.
What is the property tax rate in Monaca?
Monaca has an effective property tax rate of 1.516%, based on a median home value of $142,100 and median real estate taxes of $2,154. That is higher than the Beaver County average of 1.440%.
What is the average home price in Monaca?
The median owner-occupied home value in Monaca, Pennsylvania is $142,100, against $185,500 across Beaver County.
Is it cheaper to rent or buy in Monaca?
Median gross rent in Monaca is $773 a month, against $1,337 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 Monaca — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Pennsylvania.
- 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.