Total monthly cost of ownership
Cost to Own a Home in Osakis, Minnesota
A $169,000 home here costs
$1,437per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $869. The real number is $569 higher every month — 65% 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.
Osakis against Douglas County and Minnesota
| Measure | Osakis | Douglas County |
|---|---|---|
| Median home value | $169,200 | $291,700 |
| Median property tax | $1,609 | $2,516 |
| Effective tax rate | 0.951% | 0.863% |
| Median gross rent | — | $896 |
| Population | 1,667 | 39,354 |
Osakis extends across 2 counties. Figures here use Douglas County, where most of its housing sits.
The weather behind that power bill
Osakis sits in Douglas County, which averages a high of 80.2°F in its hottest month and a low of 2.3°F in its coldest, with 24.09" of precipitation a year and 46% of it in a single three-month stretch. That climate drives 495 cooling and 8,653 heating degree days, which is what sets the $152 electricity line above.
See the full climate breakdown for Douglas County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Douglas County
Full Douglas County cost breakdown · Every county in Minnesota
Common questions
How much does it cost to own a home in Osakis?
A $169,000 home in Osakis, Minnesota costs approximately $1,437 per month with 20% down at 6.66%. That is $869 principal and interest, $134 property tax, $73 homeowners insurance, $220 utilities and $141 set aside for maintenance.
What is the property tax rate in Osakis?
Osakis has an effective property tax rate of 0.951%, based on a median home value of $169,200 and median real estate taxes of $1,609. That is higher than the Douglas County average of 0.863%.
What is the average home price in Osakis?
The median owner-occupied home value in Osakis, Minnesota is $169,200, against $291,700 across Douglas County.
Is it cheaper to rent or buy in Osakis?
Rent data is not published for Osakis at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Osakis — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Minnesota.
- 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.