Cost to Own
United StatesMinnesotaStearns CountySauk Centre Population 4,589 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Sauk Centre, Minnesota

A $196,000 home here costs

$1,670

per 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 $662 higher every month — 66% more than the payment most buyers budget for.

Sauk Centre median: $196,000
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $156,800 borrowed $1,008
Property tax1.185% effective rate for Sauk Centre itself $194
Homeowners insuranceMinnesota averages $1,607/yr (NAIC), or 0.521% of home value $85
Electricity16.95¢/kWh — Minnesota residential average, EIA $152
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $163
Total monthly $1,670

Sauk Centre against Stearns County and Minnesota

MeasureSauk CentreStearns County
Median home value$196,000$256,500
Median property tax$2,323$2,617
Effective tax rate1.185%1.020%
Median gross rent$778$1,057
Population4,589159,358

The weather behind that power bill

Sauk Centre sits in Stearns County, which averages a high of 80.9°F in its hottest month and a low of 3.8°F in its coldest, with 31.04" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 506 cooling and 8,305 heating degree days, which is what sets the $152 electricity line above.

See the full climate breakdown for Stearns County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Stearns County

Full Stearns County cost breakdown · Every county in Minnesota

Common questions

How much does it cost to own a home in Sauk Centre?

A $196,000 home in Sauk Centre, Minnesota costs approximately $1,670 per month with 20% down at 6.66%. That is $1,008 principal and interest, $194 property tax, $85 homeowners insurance, $220 utilities and $163 set aside for maintenance.

What is the property tax rate in Sauk Centre?

Sauk Centre has an effective property tax rate of 1.185%, based on a median home value of $196,000 and median real estate taxes of $2,323. That is higher than the Stearns County average of 1.020%.

What is the average home price in Sauk Centre?

The median owner-occupied home value in Sauk Centre, Minnesota is $196,000, against $256,500 across Stearns County.

Is it cheaper to rent or buy in Sauk Centre?

Median gross rent in Sauk Centre is $778 a month, against $1,670 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 Sauk Centre — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Minnesota.
  • 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.

Full methodology