Cost to Own
United StatesOhioAuglaize CountyNew Bremen Population 2,650 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in New Bremen, Ohio

A $227,000 home here costs

$1,860

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,167. The real number is $693 higher every month — 59% more than the payment most buyers budget for.

New Bremen median: $227,000
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $181,600 borrowed $1,167
Property tax0.932% effective rate for New Bremen itself $176
Homeowners insuranceOhio averages $920/yr (NAIC), or 0.446% of home value $84
Electricity19.52¢/kWh — Ohio residential average, EIA $175
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $189
Total monthly $1,860

New Bremen against Auglaize County and Ohio

MeasureNew BremenAuglaize County
Median home value$227,000$182,000
Median property tax$2,116$1,756
Effective tax rate0.932%0.965%
Median gross rent$752$853
Population2,65046,209

The weather behind that power bill

New Bremen sits in Auglaize County, which averages a high of 83.6°F in its hottest month and a low of 20.1°F in its coldest, with 35.77" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 847 cooling and 5,769 heating degree days, which is what sets the $175 electricity line above.

See the full climate breakdown for Auglaize County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Auglaize County

Full Auglaize County cost breakdown · Every county in Ohio

Common questions

How much does it cost to own a home in New Bremen?

A $227,000 home in New Bremen, Ohio costs approximately $1,860 per month with 20% down at 6.66%. That is $1,167 principal and interest, $176 property tax, $84 homeowners insurance, $243 utilities and $189 set aside for maintenance.

What is the property tax rate in New Bremen?

New Bremen has an effective property tax rate of 0.932%, based on a median home value of $227,000 and median real estate taxes of $2,116. That is lower than the Auglaize County average of 0.965%.

What is the average home price in New Bremen?

The median owner-occupied home value in New Bremen, Ohio is $227,000, against $182,000 across Auglaize County.

Is it cheaper to rent or buy in New Bremen?

Median gross rent in New Bremen is $752 a month, against $1,860 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 New Bremen — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Ohio.
  • 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.

Full methodology