Total monthly cost of ownership
Cost to Own a Home in Suffield, Ohio
A $201,000 home here costs
$1,724per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,033. The real number is $691 higher every month — 67% 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.
Suffield against Portage County and Ohio
| Measure | Suffield | Portage County |
|---|---|---|
| Median home value | $200,500 | $210,500 |
| Median property tax | $2,455 | $2,728 |
| Effective tax rate | 1.224% | 1.296% |
| Median gross rent | $1,072 | $1,036 |
| Population | 1,291 | 161,421 |
The weather behind that power bill
Suffield sits in Portage County, which averages a high of 84.5°F in its hottest month and a low of 17.0°F in its coldest, with 43.07" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 645 cooling and 6,398 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Portage County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Portage County
Common questions
How much does it cost to own a home in Suffield?
A $201,000 home in Suffield, Ohio costs approximately $1,724 per month with 20% down at 6.66%. That is $1,033 principal and interest, $205 property tax, $75 homeowners insurance, $243 utilities and $168 set aside for maintenance.
What is the property tax rate in Suffield?
Suffield has an effective property tax rate of 1.224%, based on a median home value of $200,500 and median real estate taxes of $2,455. That is lower than the Portage County average of 1.296%.
What is the average home price in Suffield?
The median owner-occupied home value in Suffield, Ohio is $200,500, against $210,500 across Portage County.
Is it cheaper to rent or buy in Suffield?
Median gross rent in Suffield is $1,072 a month, against $1,724 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 Suffield — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Ohio.
- 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.