Total monthly cost of ownership
Cost to Own a Home in Staunton, Virginia
A $239,000 home here costs
$1,854per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,229. The real number is $625 higher every month — 51% 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.
Staunton against Staunton city and Virginia
| Measure | Staunton | Staunton city |
|---|---|---|
| Median home value | $239,300 | $239,300 |
| Median property tax | $1,696 | $1,696 |
| Effective tax rate | 0.709% | 0.709% |
| Median gross rent | $993 | $993 |
| Population | 25,765 | 25,765 |
The weather behind that power bill
Staunton sits in Staunton city, which averages a high of 84.1°F in its hottest month and a low of 24.7°F in its coldest, with 40.64" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 892 cooling and 4,834 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Staunton city — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Staunton city
No other places of this size are published in Staunton city.
Full Staunton city cost breakdown · Every county in Virginia
Common questions
How much does it cost to own a home in Staunton?
A $239,000 home in Staunton, Virginia costs approximately $1,854 per month with 20% down at 6.66%. That is $1,229 principal and interest, $141 property tax, $59 homeowners insurance, $226 utilities and $199 set aside for maintenance.
What is the property tax rate in Staunton?
Staunton has an effective property tax rate of 0.709%, based on a median home value of $239,300 and median real estate taxes of $1,696. That is in line with the Staunton city average of 0.709%.
What is the average home price in Staunton?
The median owner-occupied home value in Staunton, Virginia is $239,300, against $239,300 across Staunton city.
Is it cheaper to rent or buy in Staunton?
Median gross rent in Staunton is $993 a month, against $1,854 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 Staunton — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Virginia.
- 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.