Total monthly cost of ownership
Cost to Own a Home in Plains, Pennsylvania
A $142,000 home here costs
$1,371per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $59,000 a year.
A standard mortgage calculator would have told you $774. The real number is $597 higher every month, 77% more than the payment most buyers budget for.
Compare Luzerne County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Plains from a five-year rolling sample, and with about 4,369 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Luzerne County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Plains against Luzerne County and Pennsylvania
| Measure | Plains | Luzerne County |
|---|---|---|
| Median home value | $141,800 | $163,800 |
| Median property tax | $2,218 | $2,506 |
| Effective tax rate | 1.564% | 1.530% |
| Median gross rent | $950 | $958 |
| Population | 4,369 | 325,978 |
The weather behind that power bill
Plains sits in Luzerne County, which averages a high of 84.6°F in its hottest month and a low of 20.3°F in its coldest, with 38.72" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 791 cooling and 5,740 heating degree days, which is what sets the $178 electricity line above.
See the full climate breakdown for Luzerne County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Luzerne County
Full Luzerne County cost breakdown · Every county in Pennsylvania
Talk to someone who works this market
These are Plains averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Plains every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Plains I already own here and may sell
Common questions
How much does it cost to own a home in Plains?
A $142,000 home in Plains, Pennsylvania costs approximately $1,371 per month with 20% down at 7.24%. That is $774 principal and interest, $185 property tax, $47 homeowners insurance, $246 utilities and $118 set aside for maintenance.
What is the property tax rate in Plains?
Plains has an effective property tax rate of 1.564%, based on a median home value of $141,800 and median real estate taxes of $2,218. That is higher than the Luzerne County average of 1.530%.
What is the average home price in Plains?
The median owner-occupied home value in Plains, Pennsylvania is $141,800, against $163,800 across Luzerne County.
Is it cheaper to rent or buy in Plains?
Median gross rent in Plains is $950 a month, against $1,371 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Plains?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Plains, Pennsylvania at today's rate takes a household income of roughly $59,000 a year. That covers the full $1,371 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Plains, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Pennsylvania.
- 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.