Total monthly cost of ownership
Cost to Own a Home in Bonne Terre, Missouri
A $120,000 home here costs
$1,040per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $617. The real number is $423 higher every month — 69% 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.
Bonne Terre against St. Francois County and Missouri
| Measure | Bonne Terre | St. Francois County |
|---|---|---|
| Median home value | $120,400 | $155,100 |
| Median property tax | $842 | $1,161 |
| Effective tax rate | 0.699% | 0.749% |
| Median gross rent | $585 | $786 |
| Population | 6,773 | 66,864 |
The weather behind that power bill
Bonne Terre sits in St. Francois County, which averages a high of 88.5°F in its hottest month and a low of 22.6°F in its coldest, with 45.16" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,341 cooling and 4,551 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for St. Francois County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in St. Francois County
Full St. Francois County cost breakdown · Every county in Missouri
Common questions
How much does it cost to own a home in Bonne Terre?
A $120,000 home in Bonne Terre, Missouri costs approximately $1,040 per month with 20% down at 6.66%. That is $617 principal and interest, $70 property tax, $63 homeowners insurance, $191 utilities and $100 set aside for maintenance.
What is the property tax rate in Bonne Terre?
Bonne Terre has an effective property tax rate of 0.699%, based on a median home value of $120,400 and median real estate taxes of $842. That is lower than the St. Francois County average of 0.749%.
What is the average home price in Bonne Terre?
The median owner-occupied home value in Bonne Terre, Missouri is $120,400, against $155,100 across St. Francois County.
Is it cheaper to rent or buy in Bonne Terre?
Median gross rent in Bonne Terre is $585 a month, against $1,040 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 Bonne Terre — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Missouri.
- 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.