Total monthly cost of ownership
Cost to Own a Home in O'Neill, Nebraska
A $131,000 home here costs
$1,209per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $673. The real number is $535 higher every month — 79% 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.
O'Neill against Holt County and Nebraska
| Measure | O'Neill | Holt County |
|---|---|---|
| Median home value | $130,900 | $152,000 |
| Median property tax | $1,839 | $1,731 |
| Effective tax rate | 1.405% | 1.139% |
| Median gross rent | $712 | $724 |
| Population | 3,574 | 10,093 |
The weather behind that power bill
O'Neill sits in Holt County, which averages a high of 87.3°F in its hottest month and a low of 11.0°F in its coldest, with 25.85" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 835 cooling and 7,109 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Holt County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Holt County
Common questions
How much does it cost to own a home in O'Neill?
A $131,000 home in O'Neill, Nebraska costs approximately $1,209 per month with 20% down at 6.66%. That is $673 principal and interest, $153 property tax, $82 homeowners insurance, $190 utilities and $109 set aside for maintenance.
What is the property tax rate in O'Neill?
O'Neill has an effective property tax rate of 1.405%, based on a median home value of $130,900 and median real estate taxes of $1,839. That is higher than the Holt County average of 1.139%.
What is the average home price in O'Neill?
The median owner-occupied home value in O'Neill, Nebraska is $130,900, against $152,000 across Holt County.
Is it cheaper to rent or buy in O'Neill?
Median gross rent in O'Neill is $712 a month, against $1,209 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 O'Neill — 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.