Total monthly cost of ownership
Cost to Own a Home in Plainfield Village, Connecticut
A $228,000 home here costs
$2,026per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,172. The real number is $854 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.
Plainfield Village against Northeastern Connecticut Planning Region and Connecticut
| Measure | Plainfield Village | Northeastern Connecticut Planning Region |
|---|---|---|
| Median home value | $227,500 | $281,300 |
| Median property tax | $3,177 | $4,340 |
| Effective tax rate | 1.396% | 1.543% |
| Median gross rent | $1,161 | $1,153 |
| Population | 2,260 | 95,829 |
The weather behind that power bill
Plainfield Village sits in Northeastern Connecticut Planning Region, which averages a high of 82.8°F in its hottest month and a low of 18.1°F in its coldest, with 43.25" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 626 cooling and 6,094 heating degree days, which is what sets the $246 electricity line above.
See the full climate breakdown for Northeastern Connecticut Planning Region — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Northeastern Connecticut Planning Region
Full Northeastern Connecticut Planning Region cost breakdown · Every county in Connecticut
Common questions
How much does it cost to own a home in Plainfield Village?
A $228,000 home in Plainfield Village, Connecticut costs approximately $2,026 per month with 20% down at 6.66%. That is $1,172 principal and interest, $265 property tax, $85 homeowners insurance, $314 utilities and $190 set aside for maintenance.
What is the property tax rate in Plainfield Village?
Plainfield Village has an effective property tax rate of 1.396%, based on a median home value of $227,500 and median real estate taxes of $3,177. That is lower than the Northeastern Connecticut Planning Region average of 1.543%.
What is the average home price in Plainfield Village?
The median owner-occupied home value in Plainfield Village, Connecticut is $227,500, against $281,300 across Northeastern Connecticut Planning Region.
Is it cheaper to rent or buy in Plainfield Village?
Median gross rent in Plainfield Village is $1,161 a month, against $2,026 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 Plainfield Village — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Connecticut.
- 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.