Total monthly cost of ownership
Cost to Own a Home in Peosta, Iowa
A $305,000 home here costs
$2,457per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,568. The real number is $889 higher every month — 57% 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.
Peosta against Dubuque County and Iowa
| Measure | Peosta | Dubuque County |
|---|---|---|
| Median home value | $304,600 | $226,100 |
| Median property tax | $3,683 | $2,848 |
| Effective tax rate | 1.209% | 1.260% |
| Median gross rent | $1,031 | $944 |
| Population | 1,922 | 98,948 |
The weather behind that power bill
Peosta sits in Dubuque County, which averages a high of 81.5°F in its hottest month and a low of 11.1°F in its coldest, with 38.2" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 638 cooling and 7,084 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Dubuque County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Dubuque County
Common questions
How much does it cost to own a home in Peosta?
A $305,000 home in Peosta, Iowa costs approximately $2,457 per month with 20% down at 6.66%. That is $1,568 principal and interest, $307 property tax, $133 homeowners insurance, $195 utilities and $254 set aside for maintenance.
What is the property tax rate in Peosta?
Peosta has an effective property tax rate of 1.209%, based on a median home value of $304,600 and median real estate taxes of $3,683. That is lower than the Dubuque County average of 1.260%.
What is the average home price in Peosta?
The median owner-occupied home value in Peosta, Iowa is $304,600, against $226,100 across Dubuque County.
Is it cheaper to rent or buy in Peosta?
Median gross rent in Peosta is $1,031 a month, against $2,457 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 Peosta — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Iowa.
- 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.