Total monthly cost of ownership
Cost to Own a Home in North Bend, Nebraska
A $163,000 home here costs
$1,440per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $838. The real number is $602 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.
North Bend against Dodge County and Nebraska
| Measure | North Bend | Dodge County |
|---|---|---|
| Median home value | $162,700 | $188,100 |
| Median property tax | $2,081 | $2,591 |
| Effective tax rate | 1.279% | 1.377% |
| Median gross rent | $1,224 | $985 |
| Population | 1,225 | 37,146 |
The weather behind that power bill
North Bend sits in Dodge County, which averages a high of 86.7°F in its hottest month and a low of 12.3°F in its coldest, with 28.26" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 1,014 cooling and 6,408 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Dodge County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Dodge County
Common questions
How much does it cost to own a home in North Bend?
A $163,000 home in North Bend, Nebraska costs approximately $1,440 per month with 20% down at 6.66%. That is $838 principal and interest, $174 property tax, $103 homeowners insurance, $190 utilities and $136 set aside for maintenance.
What is the property tax rate in North Bend?
North Bend has an effective property tax rate of 1.279%, based on a median home value of $162,700 and median real estate taxes of $2,081. That is lower than the Dodge County average of 1.377%.
What is the average home price in North Bend?
The median owner-occupied home value in North Bend, Nebraska is $162,700, against $188,100 across Dodge County.
Is it cheaper to rent or buy in North Bend?
Median gross rent in North Bend is $1,224 a month, against $1,440 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 North Bend — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Nebraska.
- 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.