Total monthly cost of ownership
Cost to Own a Home in St. Augustine, Florida
A $409,000 home here costs
$3,269per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $140,000 a year.
A standard mortgage calculator would have told you $2,230. The real number is $1,040 higher every month, 47% more than the payment most buyers budget for.
Compare St. Johns County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
St. Augustine against St. Johns County and Florida
| Measure | St. Augustine | St. Johns County |
|---|---|---|
| Median home value | $409,200 | $457,600 |
| Median property tax | $2,617 | $3,547 |
| Effective tax rate | 0.640% | 0.775% |
| Median gross rent | $1,560 | $1,775 |
| Population | 14,979 | 292,243 |
The weather behind that power bill
St. Augustine sits in St. Johns County, which averages a high of 91.0°F in its hottest month and a low of 47.8°F in its coldest, with 50.64" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 3,079 cooling and 803 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for St. Johns County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in St. Johns County
Full St. Johns County cost breakdown · Every county in Florida
Talk to someone who works this market
These are St. Augustine averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works St. Augustine every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in St. Augustine I already own here and may sell
Common questions
How much does it cost to own a home in St. Augustine?
A $409,000 home in St. Augustine, Florida costs approximately $3,269 per month with 20% down at 7.24%. That is $2,230 principal and interest, $218 property tax, $247 homeowners insurance, $233 utilities and $341 set aside for maintenance.
What is the property tax rate in St. Augustine?
St. Augustine has an effective property tax rate of 0.640%, based on a median home value of $409,200 and median real estate taxes of $2,617. That is lower than the St. Johns County average of 0.775%.
What is the average home price in St. Augustine?
The median owner-occupied home value in St. Augustine, Florida is $409,200, against $457,600 across St. Johns County.
Is it cheaper to rent or buy in St. Augustine?
Median gross rent in St. Augustine is $1,560 a month, against $3,269 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in St. Augustine?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in St. Augustine, Florida at today's rate takes a household income of roughly $140,000 a year. That covers the full $3,269 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for St. Augustine, 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.