Total monthly cost of ownership
Cost to Own a Home in Butler, Missouri
A $124,000 home here costs
$1,080per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $637. The real number is $442 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.
Butler against Bates County and Missouri
| Measure | Butler | Bates County |
|---|---|---|
| Median home value | $124,100 | $154,800 |
| Median property tax | $1,000 | $962 |
| Effective tax rate | 0.806% | 0.621% |
| Median gross rent | $772 | $760 |
| Population | 4,594 | 16,121 |
The weather behind that power bill
Butler sits in Bates County, which averages a high of 89.5°F in its hottest month and a low of 19.8°F in its coldest, with 43.59" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 1,469 cooling and 4,874 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Bates County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Bates County
Common questions
How much does it cost to own a home in Butler?
A $124,000 home in Butler, Missouri costs approximately $1,080 per month with 20% down at 6.66%. That is $637 principal and interest, $83 property tax, $65 homeowners insurance, $191 utilities and $103 set aside for maintenance.
What is the property tax rate in Butler?
Butler has an effective property tax rate of 0.806%, based on a median home value of $124,100 and median real estate taxes of $1,000. That is higher than the Bates County average of 0.621%.
What is the average home price in Butler?
The median owner-occupied home value in Butler, Missouri is $124,100, against $154,800 across Bates County.
Is it cheaper to rent or buy in Butler?
Median gross rent in Butler is $772 a month, against $1,080 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 Butler — 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.