Total monthly cost of ownership
Cost to Own a Home in East Prairie, Missouri
A $58,000 home here costs
$611per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $298. The real number is $313 higher every month — 105% 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.
East Prairie against Mississippi County and Missouri
| Measure | East Prairie | Mississippi County |
|---|---|---|
| Median home value | $58,000 | $100,300 |
| Median property tax | $522 | $880 |
| Effective tax rate | 0.900% | 0.877% |
| Median gross rent | $825 | $782 |
| Population | 2,930 | 12,079 |
The weather behind that power bill
East Prairie sits in Mississippi County, which averages a high of 88.7°F in its hottest month and a low of 26.0°F in its coldest, with 51" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,592 cooling and 4,075 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Mississippi County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mississippi County
Full Mississippi County cost breakdown · Every county in Missouri
Common questions
How much does it cost to own a home in East Prairie?
A $58,000 home in East Prairie, Missouri costs approximately $611 per month with 20% down at 6.66%. That is $298 principal and interest, $44 property tax, $30 homeowners insurance, $191 utilities and $48 set aside for maintenance.
What is the property tax rate in East Prairie?
East Prairie has an effective property tax rate of 0.900%, based on a median home value of $58,000 and median real estate taxes of $522. That is higher than the Mississippi County average of 0.877%.
What is the average home price in East Prairie?
The median owner-occupied home value in East Prairie, Missouri is $58,000, against $100,300 across Mississippi County.
Is it cheaper to rent or buy in East Prairie?
Median gross rent in East Prairie is $825 a month, against $611 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for East Prairie — 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.