Total monthly cost of ownership
Cost to Own a Home in Vine Grove, Kentucky
A $214,000 home here costs
$1,805per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $77,500 a year.
A standard mortgage calculator would have told you $1,167. The real number is $638 higher every month, 55% more than the payment most buyers budget for.
Compare Hardin County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Vine Grove against Hardin County and Kentucky
| Measure | Vine Grove | Hardin County |
|---|---|---|
| Median home value | $213,500 | $205,900 |
| Median property tax | $1,611 | $1,451 |
| Effective tax rate | 0.755% | 0.705% |
| Median gross rent | $1,344 | $947 |
| Population | 6,721 | 111,452 |
The weather behind that power bill
Vine Grove sits in Hardin County, which averages a high of 86.0°F in its hottest month and a low of 24.3°F in its coldest, with 54.38" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,136 cooling and 4,564 heating degree days, which is what sets the $144 electricity line above.
See the full climate breakdown for Hardin County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hardin County
Full Hardin County cost breakdown · Every county in Kentucky
Talk to someone who works this market
These are Vine Grove averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Vine Grove every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Vine Grove I already own here and may sell
Common questions
How much does it cost to own a home in Vine Grove?
A $214,000 home in Vine Grove, Kentucky costs approximately $1,805 per month with 20% down at 7.24%. That is $1,167 principal and interest, $135 property tax, $113 homeowners insurance, $212 utilities and $178 set aside for maintenance.
What is the property tax rate in Vine Grove?
Vine Grove has an effective property tax rate of 0.755%, based on a median home value of $213,500 and median real estate taxes of $1,611. That is higher than the Hardin County average of 0.705%.
What is the average home price in Vine Grove?
The median owner-occupied home value in Vine Grove, Kentucky is $213,500, against $205,900 across Hardin County.
Is it cheaper to rent or buy in Vine Grove?
Median gross rent in Vine Grove is $1,344 a month, against $1,805 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Vine Grove?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Vine Grove, Kentucky at today's rate takes a household income of roughly $77,500 a year. That covers the full $1,805 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Vine Grove, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Kentucky.
- 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.