Total monthly cost of ownership
Cost to Own a Home in Panguitch, Utah
A $249,000 home here costs
$1,797per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,280. The real number is $517 higher every month — 40% 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.
Panguitch against Garfield County and Utah
| Measure | Panguitch | Garfield County |
|---|---|---|
| Median home value | $249,300 | $285,800 |
| Median property tax | $1,052 | $1,087 |
| Effective tax rate | 0.422% | 0.380% |
| Median gross rent | $799 | $781 |
| Population | 1,871 | 5,170 |
The weather behind that power bill
Panguitch sits in Garfield County, which averages a high of 83.6°F in its hottest month and a low of 21.1°F in its coldest, with 11.85" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 580 cooling and 5,906 heating degree days, which is what sets the $117 electricity line above.
See the full climate breakdown for Garfield County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Garfield County
No other places of this size are published in Garfield County.
Common questions
How much does it cost to own a home in Panguitch?
A $249,000 home in Panguitch, Utah costs approximately $1,797 per month with 20% down at 6.66%. That is $1,280 principal and interest, $88 property tax, $37 homeowners insurance, $185 utilities and $208 set aside for maintenance.
What is the property tax rate in Panguitch?
Panguitch has an effective property tax rate of 0.422%, based on a median home value of $249,300 and median real estate taxes of $1,052. That is higher than the Garfield County average of 0.380%.
What is the average home price in Panguitch?
The median owner-occupied home value in Panguitch, Utah is $249,300, against $285,800 across Garfield County.
Is it cheaper to rent or buy in Panguitch?
Median gross rent in Panguitch is $799 a month, against $1,797 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 Panguitch — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Utah.
- 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.