Total monthly cost of ownership
Cost to Own a Home in Mountain City, Georgia
A $125,000 home here costs
$1,063per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $643. The real number is $420 higher every month — 65% 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.
Mountain City against Rabun County and Georgia
| Measure | Mountain City | Rabun County |
|---|---|---|
| Median home value | $125,000 | $272,600 |
| Median property tax | $617 | $1,463 |
| Effective tax rate | 0.494% | 0.537% |
| Median gross rent | $961 | $1,016 |
| Population | 1,027 | 17,107 |
The weather behind that power bill
Mountain City sits in Rabun County, which averages a high of 85.4°F in its hottest month and a low of 29.7°F in its coldest, with 71.73" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,077 cooling and 3,669 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Rabun County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Rabun County
Common questions
How much does it cost to own a home in Mountain City?
A $125,000 home in Mountain City, Georgia costs approximately $1,063 per month with 20% down at 6.66%. That is $643 principal and interest, $51 property tax, $54 homeowners insurance, $210 utilities and $104 set aside for maintenance.
What is the property tax rate in Mountain City?
Mountain City has an effective property tax rate of 0.494%, based on a median home value of $125,000 and median real estate taxes of $617. That is lower than the Rabun County average of 0.537%.
What is the average home price in Mountain City?
The median owner-occupied home value in Mountain City, Georgia is $125,000, against $272,600 across Rabun County.
Is it cheaper to rent or buy in Mountain City?
Median gross rent in Mountain City is $961 a month, against $1,063 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 Mountain City — 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.