Cost to Own
United StatesKansasMcPherson CountyInman Population 1,425 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Inman, Kansas

A $149,000 home here costs

$1,430

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $766. The real number is $664 higher every month — 87% more than the payment most buyers budget for.

Inman median: $149,200
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $119,200 borrowed $766
Property tax2.003% effective rate for Inman itself $249
Homeowners insuranceKansas averages $1,491/yr (NAIC), or 0.7% of home value $87
Electricity15.13¢/kWh — Kansas residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $124
Total monthly $1,430

Inman against McPherson County and Kansas

MeasureInmanMcPherson County
Median home value$149,200$198,400
Median property tax$2,988$2,780
Effective tax rate2.003%1.401%
Median gross rent$935$889
Population1,42530,130

The weather behind that power bill

Inman sits in McPherson County, which averages a high of 92.8°F in its hottest month and a low of 19.0°F in its coldest, with 33.58" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 1,592 cooling and 4,957 heating degree days, which is what sets the $136 electricity line above.

See the full climate breakdown for McPherson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in McPherson County

Full McPherson County cost breakdown · Every county in Kansas

Common questions

How much does it cost to own a home in Inman?

A $149,000 home in Inman, Kansas costs approximately $1,430 per month with 20% down at 6.66%. That is $766 principal and interest, $249 property tax, $87 homeowners insurance, $204 utilities and $124 set aside for maintenance.

What is the property tax rate in Inman?

Inman has an effective property tax rate of 2.003%, based on a median home value of $149,200 and median real estate taxes of $2,988. That is higher than the McPherson County average of 1.401%.

What is the average home price in Inman?

The median owner-occupied home value in Inman, Kansas is $149,200, against $198,400 across McPherson County.

Is it cheaper to rent or buy in Inman?

Median gross rent in Inman is $935 a month, against $1,430 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 Inman — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Kansas.
  • 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.

Full methodology