Total monthly cost of ownership
Cost to Own a Home in Worthington, Minnesota
A $184,000 home here costs
$1,557per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $946. The real number is $611 higher every month — 65% 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.
Worthington against Nobles County and Minnesota
| Measure | Worthington | Nobles County |
|---|---|---|
| Median home value | $184,200 | $179,200 |
| Median property tax | $1,896 | $1,674 |
| Effective tax rate | 1.029% | 0.934% |
| Median gross rent | $892 | $863 |
| Population | 13,792 | 22,067 |
The weather behind that power bill
Worthington sits in Nobles County, which averages a high of 82.0°F in its hottest month and a low of 5.3°F in its coldest, with 30.52" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 588 cooling and 8,066 heating degree days, which is what sets the $152 electricity line above.
See the full climate breakdown for Nobles County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Nobles County
Full Nobles County cost breakdown · Every county in Minnesota
Common questions
How much does it cost to own a home in Worthington?
A $184,000 home in Worthington, Minnesota costs approximately $1,557 per month with 20% down at 6.66%. That is $946 principal and interest, $158 property tax, $80 homeowners insurance, $220 utilities and $153 set aside for maintenance.
What is the property tax rate in Worthington?
Worthington has an effective property tax rate of 1.029%, based on a median home value of $184,200 and median real estate taxes of $1,896. That is higher than the Nobles County average of 0.934%.
What is the average home price in Worthington?
The median owner-occupied home value in Worthington, Minnesota is $184,200, against $179,200 across Nobles County.
Is it cheaper to rent or buy in Worthington?
Median gross rent in Worthington is $892 a month, against $1,557 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 Worthington — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Minnesota.
- 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.