Total monthly cost of ownership
Cost to Own a Home in Rogers City, Michigan
A $94,000 home here costs
$977per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $483. The real number is $494 higher every month — 102% 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.
Rogers City against Presque Isle County and Michigan
| Measure | Rogers City | Presque Isle County |
|---|---|---|
| Median home value | $93,500 | $135,200 |
| Median property tax | $1,364 | $1,382 |
| Effective tax rate | 1.459% | 1.022% |
| Median gross rent | $620 | $625 |
| Population | 2,873 | 13,142 |
The weather behind that power bill
Rogers City sits in Presque Isle County, which averages a high of 77.1°F in its hottest month and a low of 12.7°F in its coldest, with 31.94" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 336 cooling and 7,877 heating degree days, which is what sets the $198 electricity line above.
See the full climate breakdown for Presque Isle County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Presque Isle County
No other places of this size are published in Presque Isle County.
Full Presque Isle County cost breakdown · Every county in Michigan
Common questions
How much does it cost to own a home in Rogers City?
A $94,000 home in Rogers City, Michigan costs approximately $977 per month with 20% down at 6.66%. That is $483 principal and interest, $114 property tax, $35 homeowners insurance, $266 utilities and $78 set aside for maintenance.
What is the property tax rate in Rogers City?
Rogers City has an effective property tax rate of 1.459%, based on a median home value of $93,500 and median real estate taxes of $1,364. That is higher than the Presque Isle County average of 1.022%.
What is the average home price in Rogers City?
The median owner-occupied home value in Rogers City, Michigan is $93,500, against $135,200 across Presque Isle County.
Is it cheaper to rent or buy in Rogers City?
Median gross rent in Rogers City is $620 a month, against $977 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 Rogers City — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Michigan.
- 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.