Total monthly cost of ownership
Cost to Own a Home in Wolf Point, Montana
A $125,000 home here costs
$1,133per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $643. The real number is $490 higher every month — 76% 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.
Wolf Point against Roosevelt County and Montana
| Measure | Wolf Point | Roosevelt County |
|---|---|---|
| Median home value | $124,600 | $119,400 |
| Median property tax | $1,711 | $1,535 |
| Effective tax rate | 1.373% | 1.286% |
| Median gross rent | $730 | $707 |
| Population | 2,604 | 10,665 |
The weather behind that power bill
Wolf Point sits in Roosevelt County, which averages a high of 83.6°F in its hottest month and a low of -0.1°F in its coldest, with 14.19" of precipitation a year and 54% of it in a single three-month stretch. That climate drives 332 cooling and 9,210 heating degree days, which is what sets the $132 electricity line above.
See the full climate breakdown for Roosevelt County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Roosevelt County
No other places of this size are published in Roosevelt County.
Full Roosevelt County cost breakdown · Every county in Montana
Common questions
How much does it cost to own a home in Wolf Point?
A $125,000 home in Wolf Point, Montana costs approximately $1,133 per month with 20% down at 6.66%. That is $643 principal and interest, $143 property tax, $43 homeowners insurance, $200 utilities and $104 set aside for maintenance.
What is the property tax rate in Wolf Point?
Wolf Point has an effective property tax rate of 1.373%, based on a median home value of $124,600 and median real estate taxes of $1,711. That is higher than the Roosevelt County average of 1.286%.
What is the average home price in Wolf Point?
The median owner-occupied home value in Wolf Point, Montana is $124,600, against $119,400 across Roosevelt County.
Is it cheaper to rent or buy in Wolf Point?
Median gross rent in Wolf Point is $730 a month, against $1,133 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 Wolf Point — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Montana.
- 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.