Total monthly cost of ownership
Cost to Own a Home in North Sea, New York
A $1,072,000 home here costs
$7,362per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $5,511. The real number is $1,850 higher every month — 34% 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 Sea against Suffolk County and New York
| Measure | North Sea | Suffolk County |
|---|---|---|
| Median home value | $1,071,800 | $539,500 |
| Median property tax | $4,604 | $10,001 |
| Effective tax rate | 0.430% | 1.854% |
| Median gross rent | $2,643 | $2,190 |
| Population | 6,517 | 1,525,680 |
The weather behind that power bill
North Sea sits in Suffolk County, which averages a high of 83.9°F in its hottest month and a low of 26.0°F in its coldest, with 47.22" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 945 cooling and 4,906 heating degree days, which is what sets the $269 electricity line above.
See the full climate breakdown for Suffolk County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Suffolk County
Full Suffolk County cost breakdown · Every county in New York
Common questions
How much does it cost to own a home in North Sea?
A $1,072,000 home in North Sea, New York costs approximately $7,362 per month with 20% down at 6.66%. That is $5,511 principal and interest, $384 property tax, $236 homeowners insurance, $337 utilities and $893 set aside for maintenance.
What is the property tax rate in North Sea?
North Sea has an effective property tax rate of 0.430%, based on a median home value of $1,071,800 and median real estate taxes of $4,604. That is lower than the Suffolk County average of 1.854%.
What is the average home price in North Sea?
The median owner-occupied home value in North Sea, New York is $1,071,800, against $539,500 across Suffolk County.
Is it cheaper to rent or buy in North Sea?
Median gross rent in North Sea is $2,643 a month, against $7,362 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 Sea — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for New York.
- 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.