Total monthly cost of ownership
Cost to Own a Home in Troy, New Hampshire
A $201,000 home here costs
$1,928per 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 $895 higher every month — 87% 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.
Troy against Cheshire County and New Hampshire
| Measure | Troy | Cheshire County |
|---|---|---|
| Median home value | $201,000 | $257,200 |
| Median property tax | $4,362 | $5,968 |
| Effective tax rate | 2.170% | 2.320% |
| Median gross rent | $1,200 | $1,220 |
| Population | 1,086 | 76,945 |
The weather behind that power bill
Troy sits in Cheshire County, which averages a high of 81.9°F in its hottest month and a low of 10.4°F in its coldest, with 46.11" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 375 cooling and 7,501 heating degree days, which is what sets the $246 electricity line above.
See the full climate breakdown for Cheshire County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cheshire County
Full Cheshire County cost breakdown · Every county in New Hampshire
Common questions
How much does it cost to own a home in Troy?
A $201,000 home in Troy, New Hampshire costs approximately $1,928 per month with 20% down at 6.66%. That is $1,033 principal and interest, $363 property tax, $50 homeowners insurance, $314 utilities and $168 set aside for maintenance.
What is the property tax rate in Troy?
Troy has an effective property tax rate of 2.170%, based on a median home value of $201,000 and median real estate taxes of $4,362. That is lower than the Cheshire County average of 2.320%.
What is the average home price in Troy?
The median owner-occupied home value in Troy, New Hampshire is $201,000, against $257,200 across Cheshire County.
Is it cheaper to rent or buy in Troy?
Median gross rent in Troy is $1,200 a month, against $1,928 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 Troy — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for New Hampshire.
- 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.