Total monthly cost of ownership
Cost to Own a Home in Port St. Joe, Florida
A $281,000 home here costs
$2,188per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,445. The real number is $744 higher every month — 51% 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.
Port St. Joe against Gulf County and Florida
| Measure | Port St. Joe | Gulf County |
|---|---|---|
| Median home value | $280,600 | $235,700 |
| Median property tax | $1,622 | $1,334 |
| Effective tax rate | 0.578% | 0.566% |
| Median gross rent | $1,342 | $1,161 |
| Population | 3,499 | 14,772 |
The weather behind that power bill
Port St. Joe sits in Gulf County, which averages a high of 89.7°F in its hottest month and a low of 44.4°F in its coldest, with 53.08" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 2,738 cooling and 1,224 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Gulf County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Gulf County
Common questions
How much does it cost to own a home in Port St. Joe?
A $281,000 home in Port St. Joe, Florida costs approximately $2,188 per month with 20% down at 6.66%. That is $1,445 principal and interest, $135 property tax, $170 homeowners insurance, $204 utilities and $234 set aside for maintenance.
What is the property tax rate in Port St. Joe?
Port St. Joe has an effective property tax rate of 0.578%, based on a median home value of $280,600 and median real estate taxes of $1,622. That is higher than the Gulf County average of 0.566%.
What is the average home price in Port St. Joe?
The median owner-occupied home value in Port St. Joe, Florida is $280,600, against $235,700 across Gulf County.
Is it cheaper to rent or buy in Port St. Joe?
Median gross rent in Port St. Joe is $1,342 a month, against $2,188 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 Port St. Joe — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Florida.
- 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.