Total monthly cost of ownership
Cost to Own a Home in Proctor, Vermont
A $196,000 home here costs
$1,835per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,008. The real number is $827 higher every month — 82% 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.
Proctor against Rutland County and Vermont
| Measure | Proctor | Rutland County |
|---|---|---|
| Median home value | $196,100 | $218,400 |
| Median property tax | $3,799 | $4,057 |
| Effective tax rate | 1.937% | 1.858% |
| Median gross rent | $1,010 | $965 |
| Population | 1,568 | 60,484 |
The weather behind that power bill
Proctor sits in Rutland County, which averages a high of 80.3°F in its hottest month and a low of 8.0°F in its coldest, with 40.29" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 311 cooling and 7,807 heating degree days, which is what sets the $224 electricity line above.
See the full climate breakdown for Rutland County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Rutland County
Full Rutland County cost breakdown · Every county in Vermont
Common questions
How much does it cost to own a home in Proctor?
A $196,000 home in Proctor, Vermont costs approximately $1,835 per month with 20% down at 6.66%. That is $1,008 principal and interest, $316 property tax, $56 homeowners insurance, $292 utilities and $163 set aside for maintenance.
What is the property tax rate in Proctor?
Proctor has an effective property tax rate of 1.937%, based on a median home value of $196,100 and median real estate taxes of $3,799. That is higher than the Rutland County average of 1.858%.
What is the average home price in Proctor?
The median owner-occupied home value in Proctor, Vermont is $196,100, against $218,400 across Rutland County.
Is it cheaper to rent or buy in Proctor?
Median gross rent in Proctor is $1,010 a month, against $1,835 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 Proctor — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Vermont.
- 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.