Total monthly cost of ownership
Cost to Own a Home in Crane, Missouri
A $108,000 home here costs
$938per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $555. The real number is $383 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.
Crane against Stone County and Missouri
| Measure | Crane | Stone County |
|---|---|---|
| Median home value | $108,300 | $236,500 |
| Median property tax | $546 | $1,167 |
| Effective tax rate | 0.504% | 0.493% |
| Median gross rent | $794 | $892 |
| Population | 1,545 | 31,697 |
The weather behind that power bill
Crane sits in Stone County, which averages a high of 89.3°F in its hottest month and a low of 21.9°F in its coldest, with 46.56" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,368 cooling and 4,523 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Stone County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Stone County
Common questions
How much does it cost to own a home in Crane?
A $108,000 home in Crane, Missouri costs approximately $938 per month with 20% down at 6.66%. That is $555 principal and interest, $45 property tax, $56 homeowners insurance, $191 utilities and $90 set aside for maintenance.
What is the property tax rate in Crane?
Crane has an effective property tax rate of 0.504%, based on a median home value of $108,300 and median real estate taxes of $546. That is higher than the Stone County average of 0.493%.
What is the average home price in Crane?
The median owner-occupied home value in Crane, Missouri is $108,300, against $236,500 across Stone County.
Is it cheaper to rent or buy in Crane?
Median gross rent in Crane is $794 a month, against $938 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 Crane — 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.