Total monthly cost of ownership
Cost to Own a Home in Granby, Missouri
A $99,000 home here costs
$883per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $509. The real number is $374 higher every month — 74% 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.
Granby against Newton County and Missouri
| Measure | Granby | Newton County |
|---|---|---|
| Median home value | $99,200 | $175,300 |
| Median property tax | $592 | $1,192 |
| Effective tax rate | 0.597% | 0.680% |
| Median gross rent | $794 | $777 |
| Population | 2,345 | 59,490 |
The weather behind that power bill
Granby sits in Newton County, which averages a high of 89.8°F in its hottest month and a low of 25.3°F in its coldest, with 49.96" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 1,679 cooling and 3,976 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Newton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Newton County
Full Newton County cost breakdown · Every county in Missouri
Common questions
How much does it cost to own a home in Granby?
A $99,000 home in Granby, Missouri costs approximately $883 per month with 20% down at 6.66%. That is $509 principal and interest, $49 property tax, $52 homeowners insurance, $191 utilities and $83 set aside for maintenance.
What is the property tax rate in Granby?
Granby has an effective property tax rate of 0.597%, based on a median home value of $99,200 and median real estate taxes of $592. That is lower than the Newton County average of 0.680%.
What is the average home price in Granby?
The median owner-occupied home value in Granby, Missouri is $99,200, against $175,300 across Newton County.
Is it cheaper to rent or buy in Granby?
Median gross rent in Granby is $794 a month, against $883 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 Granby — 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.