Total monthly cost of ownership
Cost to Own a Home in Oswego, New York
A $115,000 home here costs
$1,333per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $591. The real number is $742 higher every month — 125% 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.
Oswego against Oswego County and New York
| Measure | Oswego | Oswego County |
|---|---|---|
| Median home value | $114,600 | $139,600 |
| Median property tax | $3,391 | $3,595 |
| Effective tax rate | 2.959% | 2.575% |
| Median gross rent | $1,031 | $943 |
| Population | 17,028 | 117,945 |
The weather behind that power bill
Oswego sits in Oswego County, which averages a high of 80.3°F in its hottest month and a low of 15.8°F in its coldest, with 39.56" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 468 cooling and 6,898 heating degree days, which is what sets the $269 electricity line above.
See the full climate breakdown for Oswego County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Oswego County
Full Oswego County cost breakdown · Every county in New York
Common questions
How much does it cost to own a home in Oswego?
A $115,000 home in Oswego, New York costs approximately $1,333 per month with 20% down at 6.66%. That is $591 principal and interest, $284 property tax, $25 homeowners insurance, $337 utilities and $96 set aside for maintenance.
What is the property tax rate in Oswego?
Oswego has an effective property tax rate of 2.959%, based on a median home value of $114,600 and median real estate taxes of $3,391. That is higher than the Oswego County average of 2.575%.
What is the average home price in Oswego?
The median owner-occupied home value in Oswego, New York is $114,600, against $139,600 across Oswego County.
Is it cheaper to rent or buy in Oswego?
Median gross rent in Oswego is $1,031 a month, against $1,333 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 Oswego — 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.