Total monthly cost of ownership
Cost to Own a Home in Pandora, Ohio
A $139,000 home here costs
$1,238per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $715. The real number is $523 higher every month — 73% 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.
Pandora against Putnam County and Ohio
| Measure | Pandora | Putnam County |
|---|---|---|
| Median home value | $139,000 | $191,600 |
| Median property tax | $1,346 | $1,870 |
| Effective tax rate | 0.968% | 0.976% |
| Median gross rent | $950 | $857 |
| Population | 1,606 | 34,352 |
The weather behind that power bill
Pandora sits in Putnam County, which averages a high of 84.1°F in its hottest month and a low of 19.4°F in its coldest, with 38.67" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 896 cooling and 5,843 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Putnam County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Putnam County
Common questions
How much does it cost to own a home in Pandora?
A $139,000 home in Pandora, Ohio costs approximately $1,238 per month with 20% down at 6.66%. That is $715 principal and interest, $112 property tax, $52 homeowners insurance, $243 utilities and $116 set aside for maintenance.
What is the property tax rate in Pandora?
Pandora has an effective property tax rate of 0.968%, based on a median home value of $139,000 and median real estate taxes of $1,346. That is in line with the Putnam County average of 0.976%.
What is the average home price in Pandora?
The median owner-occupied home value in Pandora, Ohio is $139,000, against $191,600 across Putnam County.
Is it cheaper to rent or buy in Pandora?
Median gross rent in Pandora is $950 a month, against $1,238 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 Pandora — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Ohio.
- 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.