Total monthly cost of ownership
Cost to Own a Home in New Freedom, Pennsylvania
A $344,000 home here costs
$2,848per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,769. The real number is $1,080 higher every month — 61% 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.
New Freedom against York County and Pennsylvania
| Measure | New Freedom | York County |
|---|---|---|
| Median home value | $344,100 | $235,000 |
| Median property tax | $4,997 | $3,947 |
| Effective tax rate | 1.452% | 1.680% |
| Median gross rent | $1,519 | $1,150 |
| Population | 5,003 | 459,312 |
The weather behind that power bill
New Freedom sits in York County, which averages a high of 87.7°F in its hottest month and a low of 21.3°F in its coldest, with 46.46" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,025 cooling and 5,017 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for York County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in York County
Full York County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in New Freedom?
A $344,000 home in New Freedom, Pennsylvania costs approximately $2,848 per month with 20% down at 6.66%. That is $1,769 principal and interest, $416 property tax, $115 homeowners insurance, $262 utilities and $287 set aside for maintenance.
What is the property tax rate in New Freedom?
New Freedom has an effective property tax rate of 1.452%, based on a median home value of $344,100 and median real estate taxes of $4,997. That is lower than the York County average of 1.680%.
What is the average home price in New Freedom?
The median owner-occupied home value in New Freedom, Pennsylvania is $344,100, against $235,000 across York County.
Is it cheaper to rent or buy in New Freedom?
Median gross rent in New Freedom is $1,519 a month, against $2,848 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 Freedom — 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.