Total monthly cost of ownership
Cost to Own a Home in Ellington, Missouri
A $70,000 home here costs
$678per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $360. The real number is $318 higher every month — 88% 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.
Ellington against Reynolds County and Missouri
| Measure | Ellington | Reynolds County |
|---|---|---|
| Median home value | $70,000 | $119,900 |
| Median property tax | $391 | $553 |
| Effective tax rate | 0.559% | 0.461% |
| Median gross rent | $678 | $627 |
| Population | 1,104 | 6,058 |
The weather behind that power bill
Ellington sits in Reynolds County, which averages a high of 89.4°F in its hottest month and a low of 23.0°F in its coldest, with 48.73" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,392 cooling and 4,452 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Reynolds County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Reynolds County
No other places of this size are published in Reynolds County.
Full Reynolds County cost breakdown · Every county in Missouri
Common questions
How much does it cost to own a home in Ellington?
A $70,000 home in Ellington, Missouri costs approximately $678 per month with 20% down at 6.66%. That is $360 principal and interest, $33 property tax, $36 homeowners insurance, $191 utilities and $58 set aside for maintenance.
What is the property tax rate in Ellington?
Ellington has an effective property tax rate of 0.559%, based on a median home value of $70,000 and median real estate taxes of $391. That is higher than the Reynolds County average of 0.461%.
What is the average home price in Ellington?
The median owner-occupied home value in Ellington, Missouri is $70,000, against $119,900 across Reynolds County.
Is it cheaper to rent or buy in Ellington?
Median gross rent in Ellington is $678 a month, against $678 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 Ellington — 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.