Total monthly cost of ownership
Cost to Own a Home in West Lafayette, Ohio
A $92,000 home here costs
$927per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $473. The real number is $454 higher every month — 96% 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.
West Lafayette against Coshocton County and Ohio
| Measure | West Lafayette | Coshocton County |
|---|---|---|
| Median home value | $92,300 | $142,300 |
| Median property tax | $1,197 | $1,378 |
| Effective tax rate | 1.297% | 0.968% |
| Median gross rent | $723 | $723 |
| Population | 2,759 | 36,679 |
The weather behind that power bill
West Lafayette sits in Coshocton County, which averages a high of 83.4°F in its hottest month and a low of 19.9°F in its coldest, with 43.56" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 756 cooling and 5,660 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Coshocton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Coshocton County
Common questions
How much does it cost to own a home in West Lafayette?
A $92,000 home in West Lafayette, Ohio costs approximately $927 per month with 20% down at 6.66%. That is $473 principal and interest, $99 property tax, $34 homeowners insurance, $243 utilities and $77 set aside for maintenance.
What is the property tax rate in West Lafayette?
West Lafayette has an effective property tax rate of 1.297%, based on a median home value of $92,300 and median real estate taxes of $1,197. That is higher than the Coshocton County average of 0.968%.
What is the average home price in West Lafayette?
The median owner-occupied home value in West Lafayette, Ohio is $92,300, against $142,300 across Coshocton County.
Is it cheaper to rent or buy in West Lafayette?
Median gross rent in West Lafayette is $723 a month, against $927 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 West Lafayette — 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.