Total monthly cost of ownership
Cost to Own a Home in Monument Beach, Massachusetts
A $541,000 home here costs
$4,067per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,781. The real number is $1,286 higher every month — 46% 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.
Monument Beach against Barnstable County and Massachusetts
| Measure | Monument Beach | Barnstable County |
|---|---|---|
| Median home value | $540,600 | $575,900 |
| Median property tax | $4,413 | $4,090 |
| Effective tax rate | 0.816% | 0.710% |
| Median gross rent | $1,723 | $1,596 |
| Population | 3,067 | 230,073 |
The weather behind that power bill
Monument Beach sits in Barnstable County, which averages a high of 80.8°F in its hottest month and a low of 24.1°F in its coldest, with 44.7" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 632 cooling and 5,518 heating degree days, which is what sets the $259 electricity line above.
See the full climate breakdown for Barnstable County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Barnstable County
Full Barnstable County cost breakdown · Every county in Massachusetts
Common questions
How much does it cost to own a home in Monument Beach?
A $541,000 home in Monument Beach, Massachusetts costs approximately $4,067 per month with 20% down at 6.66%. That is $2,781 principal and interest, $368 property tax, $140 homeowners insurance, $327 utilities and $451 set aside for maintenance.
What is the property tax rate in Monument Beach?
Monument Beach has an effective property tax rate of 0.816%, based on a median home value of $540,600 and median real estate taxes of $4,413. That is higher than the Barnstable County average of 0.710%.
What is the average home price in Monument Beach?
The median owner-occupied home value in Monument Beach, Massachusetts is $540,600, against $575,900 across Barnstable County.
Is it cheaper to rent or buy in Monument Beach?
Median gross rent in Monument Beach is $1,723 a month, against $4,067 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 Monument Beach — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Massachusetts.
- 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.