Total monthly cost of ownership
Cost to Own a Home in Kansas City, Kansas
A $147,000 home here costs
$1,347per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $756. The real number is $591 higher every month — 78% 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.
Kansas City against Wyandotte County and Kansas
| Measure | Kansas City | Wyandotte County |
|---|---|---|
| Median home value | $147,100 | $152,700 |
| Median property tax | $2,152 | $2,240 |
| Effective tax rate | 1.463% | 1.467% |
| Median gross rent | $1,073 | $1,070 |
| Population | 154,776 | 167,277 |
The weather behind that power bill
Kansas City sits in Wyandotte County, which averages a high of 90.2°F in its hottest month and a low of 22.2°F in its coldest, with 38.13" of precipitation a year and 39% of it in a single three-month stretch. That climate drives 1,708 cooling and 4,613 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Wyandotte County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Wyandotte County
Full Wyandotte County cost breakdown · Every county in Kansas
Common questions
How much does it cost to own a home in Kansas City?
A $147,000 home in Kansas City, Kansas costs approximately $1,347 per month with 20% down at 6.66%. That is $756 principal and interest, $179 property tax, $86 homeowners insurance, $204 utilities and $123 set aside for maintenance.
What is the property tax rate in Kansas City?
Kansas City has an effective property tax rate of 1.463%, based on a median home value of $147,100 and median real estate taxes of $2,152. That is in line with the Wyandotte County average of 1.467%.
What is the average home price in Kansas City?
The median owner-occupied home value in Kansas City, Kansas is $147,100, against $152,700 across Wyandotte County.
Is it cheaper to rent or buy in Kansas City?
Median gross rent in Kansas City is $1,073 a month, against $1,347 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 Kansas City — 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.