Total monthly cost of ownership
Cost to Own a Home in South Hutchinson, Kansas
A $148,000 home here costs
$1,342per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $761. The real number is $581 higher every month — 76% 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.
South Hutchinson against Reno County and Kansas
| Measure | South Hutchinson | Reno County |
|---|---|---|
| Median home value | $147,900 | $125,000 |
| Median property tax | $2,007 | $2,180 |
| Effective tax rate | 1.357% | 1.744% |
| Median gross rent | $555 | $857 |
| Population | 2,826 | 61,693 |
The weather behind that power bill
South Hutchinson sits in Reno County, which averages a high of 92.2°F in its hottest month and a low of 18.5°F in its coldest, with 30.29" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 1,489 cooling and 5,050 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Reno County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Reno County
Common questions
How much does it cost to own a home in South Hutchinson?
A $148,000 home in South Hutchinson, Kansas costs approximately $1,342 per month with 20% down at 6.66%. That is $761 principal and interest, $167 property tax, $86 homeowners insurance, $204 utilities and $123 set aside for maintenance.
What is the property tax rate in South Hutchinson?
South Hutchinson has an effective property tax rate of 1.357%, based on a median home value of $147,900 and median real estate taxes of $2,007. That is lower than the Reno County average of 1.744%.
What is the average home price in South Hutchinson?
The median owner-occupied home value in South Hutchinson, Kansas is $147,900, against $125,000 across Reno County.
Is it cheaper to rent or buy in South Hutchinson?
Median gross rent in South Hutchinson is $555 a month, against $1,342 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 South Hutchinson — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Kansas.
- 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.