Total monthly cost of ownership
Cost to Own a Home in Sugar City, Idaho
A $308,000 home here costs
$2,194per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,583. The real number is $611 higher every month — 39% 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.
Sugar City against Madison County and Idaho
| Measure | Sugar City | Madison County |
|---|---|---|
| Median home value | $308,000 | $365,000 |
| Median property tax | $1,383 | $1,813 |
| Effective tax rate | 0.449% | 0.497% |
| Median gross rent | $1,307 | $965 |
| Population | 2,011 | 53,578 |
The weather behind that power bill
Sugar City sits in Madison County, which averages a high of 84.8°F in its hottest month and a low of 12.9°F in its coldest, with 11.97" of precipitation a year and 39% of it in a single three-month stretch. That climate drives 258 cooling and 7,893 heating degree days, which is what sets the $111 electricity line above.
See the full climate breakdown for Madison County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Madison County
Common questions
How much does it cost to own a home in Sugar City?
A $308,000 home in Sugar City, Idaho costs approximately $2,194 per month with 20% down at 6.66%. That is $1,583 principal and interest, $115 property tax, $60 homeowners insurance, $179 utilities and $257 set aside for maintenance.
What is the property tax rate in Sugar City?
Sugar City has an effective property tax rate of 0.449%, based on a median home value of $308,000 and median real estate taxes of $1,383. That is lower than the Madison County average of 0.497%.
What is the average home price in Sugar City?
The median owner-occupied home value in Sugar City, Idaho is $308,000, against $365,000 across Madison County.
Is it cheaper to rent or buy in Sugar City?
Median gross rent in Sugar City is $1,307 a month, against $2,194 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 Sugar City — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Idaho.
- 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.