Total monthly cost of ownership
Cost to Own a Home in California, Missouri
A $124,000 home here costs
$1,164per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $50,000 a year.
A standard mortgage calculator would have told you $676. The real number is $488 higher every month, 72% more than the payment most buyers budget for.
Compare Moniteau County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for California from a five-year rolling sample, and with about 4,523 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Moniteau County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
California against Moniteau County and Missouri
| Measure | California | Moniteau County |
|---|---|---|
| Median home value | $123,700 | $168,300 |
| Median property tax | $1,102 | $1,205 |
| Effective tax rate | 0.891% | 0.716% |
| Median gross rent | $773 | $766 |
| Population | 4,523 | 15,303 |
The weather behind that power bill
California sits in Moniteau County, which averages a high of 87.8°F in its hottest month and a low of 19.7°F in its coldest, with 43.15" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,315 cooling and 4,943 heating degree days, which is what sets the $160 electricity line above.
See the full climate breakdown for Moniteau County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Moniteau County
Full Moniteau County cost breakdown · Every county in Missouri
Talk to someone who works this market
These are California averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works California every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in California I already own here and may sell
Common questions
How much does it cost to own a home in California?
A $124,000 home in California, Missouri costs approximately $1,164 per month with 20% down at 7.24%. That is $676 principal and interest, $92 property tax, $65 homeowners insurance, $228 utilities and $103 set aside for maintenance.
What is the property tax rate in California?
California has an effective property tax rate of 0.891%, based on a median home value of $123,700 and median real estate taxes of $1,102. That is higher than the Moniteau County average of 0.716%.
What is the average home price in California?
The median owner-occupied home value in California, Missouri is $123,700, against $168,300 across Moniteau County.
Is it cheaper to rent or buy in California?
Median gross rent in California is $773 a month, against $1,164 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in California?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in California, Missouri at today's rate takes a household income of roughly $50,000 a year. That covers the full $1,164 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for California, 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.