Total monthly cost of ownership
Cost to Own a Home in New Glarus, Wisconsin
A $268,000 home here costs
$2,372per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,378. The real number is $994 higher every month — 72% 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 Glarus against Green County and Wisconsin
| Measure | New Glarus | Green County |
|---|---|---|
| Median home value | $267,600 | $236,900 |
| Median property tax | $5,469 | $3,882 |
| Effective tax rate | 2.044% | 1.639% |
| Median gross rent | $968 | $851 |
| Population | 2,276 | 37,036 |
The weather behind that power bill
New Glarus sits in Green County, which averages a high of 82.5°F in its hottest month and a low of 10.9°F in its coldest, with 39.73" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 697 cooling and 7,115 heating degree days, which is what sets the $177 electricity line above.
See the full climate breakdown for Green County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Green County
Full Green County cost breakdown · Every county in Wisconsin
Common questions
How much does it cost to own a home in New Glarus?
A $268,000 home in New Glarus, Wisconsin costs approximately $2,372 per month with 20% down at 6.66%. That is $1,378 principal and interest, $456 property tax, $69 homeowners insurance, $245 utilities and $223 set aside for maintenance.
What is the property tax rate in New Glarus?
New Glarus has an effective property tax rate of 2.044%, based on a median home value of $267,600 and median real estate taxes of $5,469. That is higher than the Green County average of 1.639%.
What is the average home price in New Glarus?
The median owner-occupied home value in New Glarus, Wisconsin is $267,600, against $236,900 across Green County.
Is it cheaper to rent or buy in New Glarus?
Median gross rent in New Glarus is $968 a month, against $2,372 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 Glarus — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Wisconsin.
- 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.