Homeowners enjoy many benefits, including a federal tax deduction for state and local property taxes paid. Fishers, Indiana, was voted one of the top 100 best places to live by Money magazine. With a population of 86,357, a median home price of $221,800, and estimated property taxes at 10.6 mills, how much does the average homeowner pay in property taxes?

Note: Round your final answer to the nearest cent.