Total monthly cost of ownership
Cost to Own a Home in Dexter, Missouri
A $133,000 home here costs
$1,230per 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 $52,500 a year.
A standard mortgage calculator would have told you $725. The real number is $505 higher every month, 70% more than the payment most buyers budget for.
Compare Stoddard County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Dexter against Stoddard County and Missouri
| Measure | Dexter | Stoddard County |
|---|---|---|
| Median home value | $132,700 | $135,400 |
| Median property tax | $1,157 | $885 |
| Effective tax rate | 0.872% | 0.654% |
| Median gross rent | $717 | $737 |
| Population | 7,906 | 28,547 |
The weather behind that power bill
Dexter sits in Stoddard County, which averages a high of 89.2°F in its hottest month and a low of 27.7°F in its coldest, with 50.76" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,628 cooling and 3,935 heating degree days, which is what sets the $160 electricity line above.
See the full climate breakdown for Stoddard County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Stoddard County
Full Stoddard County cost breakdown · Every county in Missouri
Talk to someone who works this market
These are Dexter 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 Dexter every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Dexter I already own here and may sell
Common questions
How much does it cost to own a home in Dexter?
A $133,000 home in Dexter, Missouri costs approximately $1,230 per month with 20% down at 7.24%. That is $725 principal and interest, $97 property tax, $69 homeowners insurance, $228 utilities and $111 set aside for maintenance.
What is the property tax rate in Dexter?
Dexter has an effective property tax rate of 0.872%, based on a median home value of $132,700 and median real estate taxes of $1,157. That is higher than the Stoddard County average of 0.654%.
What is the average home price in Dexter?
The median owner-occupied home value in Dexter, Missouri is $132,700, against $135,400 across Stoddard County.
Is it cheaper to rent or buy in Dexter?
Median gross rent in Dexter is $717 a month, against $1,230 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 Dexter?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Dexter, Missouri at today's rate takes a household income of roughly $52,500 a year. That covers the full $1,230 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Dexter, 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.