Total monthly cost of ownership
Cost to Own a Home in Plano, Illinois
A $221,000 home here costs
$2,178per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,136. The real number is $1,042 higher every month — 92% 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.
Plano against Kendall County and Illinois
| Measure | Plano | Kendall County |
|---|---|---|
| Median home value | $221,100 | $298,900 |
| Median property tax | $5,870 | $7,556 |
| Effective tax rate | 2.655% | 2.528% |
| Median gross rent | $1,590 | $1,763 |
| Population | 11,626 | 135,053 |
The weather behind that power bill
Plano sits in Kendall County, which averages a high of 84.4°F in its hottest month and a low of 14.7°F in its coldest, with 33.84" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 781 cooling and 6,433 heating degree days, which is what sets the $214 electricity line above.
See the full climate breakdown for Kendall County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Kendall County
Full Kendall County cost breakdown · Every county in Illinois
Common questions
How much does it cost to own a home in Plano?
A $221,000 home in Plano, Illinois costs approximately $2,178 per month with 20% down at 6.66%. That is $1,136 principal and interest, $489 property tax, $87 homeowners insurance, $282 utilities and $184 set aside for maintenance.
What is the property tax rate in Plano?
Plano has an effective property tax rate of 2.655%, based on a median home value of $221,100 and median real estate taxes of $5,870. That is higher than the Kendall County average of 2.528%.
What is the average home price in Plano?
The median owner-occupied home value in Plano, Illinois is $221,100, against $298,900 across Kendall County.
Is it cheaper to rent or buy in Plano?
Median gross rent in Plano is $1,590 a month, against $2,178 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 Plano — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Illinois.
- 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.