Total monthly cost of ownership
Cost to Own a Home in Sutherland, Nebraska
A $177,000 home here costs
$1,566per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $910. The real number is $656 higher every month — 72% 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.
Sutherland against Lincoln County and Nebraska
| Measure | Sutherland | Lincoln County |
|---|---|---|
| Median home value | $176,500 | $183,100 |
| Median property tax | $2,477 | $2,704 |
| Effective tax rate | 1.403% | 1.477% |
| Median gross rent | $580 | $867 |
| Population | 1,224 | 34,122 |
The weather behind that power bill
Sutherland sits in Lincoln County, which averages a high of 87.0°F in its hottest month and a low of 14.0°F in its coldest, with 21.21" of precipitation a year and 48% of it in a single three-month stretch. That climate drives 794 cooling and 6,542 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Lincoln County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lincoln County
Full Lincoln County cost breakdown · Every county in Nebraska
Common questions
How much does it cost to own a home in Sutherland?
A $177,000 home in Sutherland, Nebraska costs approximately $1,566 per month with 20% down at 6.66%. That is $910 principal and interest, $207 property tax, $111 homeowners insurance, $190 utilities and $148 set aside for maintenance.
What is the property tax rate in Sutherland?
Sutherland has an effective property tax rate of 1.403%, based on a median home value of $176,500 and median real estate taxes of $2,477. That is lower than the Lincoln County average of 1.477%.
What is the average home price in Sutherland?
The median owner-occupied home value in Sutherland, Nebraska is $176,500, against $183,100 across Lincoln County.
Is it cheaper to rent or buy in Sutherland?
Median gross rent in Sutherland is $580 a month, against $1,566 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 Sutherland — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Nebraska.
- 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.