Total monthly cost of ownership
Cost to Own a Home in Kechi, Kansas
A $264,000 home here costs
$2,293per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $98,500 a year.
A standard mortgage calculator would have told you $1,462. The real number is $831 higher every month, 57% more than the payment most buyers budget for.
Compare Sedgwick County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Kechi from a five-year rolling sample, and with about 2,935 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Sedgwick County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Kechi against Sedgwick County and Kansas
| Measure | Kechi | Sedgwick County |
|---|---|---|
| Median home value | $264,200 | $190,700 |
| Median property tax | $3,062 | $2,345 |
| Effective tax rate | 1.159% | 1.230% |
| Median gross rent | $1,610 | $977 |
| Population | 2,935 | 524,810 |
The weather behind that power bill
Kechi sits in Sedgwick County, which averages a high of 92.6°F in its hottest month and a low of 22.5°F in its coldest, with 34.31" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 1,774 cooling and 4,414 heating degree days, which is what sets the $134 electricity line above.
See the full climate breakdown for Sedgwick County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sedgwick County
Full Sedgwick County cost breakdown · Every county in Kansas
Talk to someone who works this market
These are Kechi averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Kechi every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Kechi?
A $264,000 home in Kechi, Kansas costs approximately $2,293 per month with 20% down at 7.4%. That is $1,462 principal and interest, $255 property tax, $154 homeowners insurance, $202 utilities and $220 set aside for maintenance.
What is the property tax rate in Kechi?
Kechi has an effective property tax rate of 1.159%, based on a median home value of $264,200 and median real estate taxes of $3,062. That is lower than the Sedgwick County average of 1.230%.
What is the average home price in Kechi?
The median owner-occupied home value in Kechi, Kansas is $264,200, against $190,700 across Sedgwick County.
Is it cheaper to rent or buy in Kechi?
Median gross rent in Kechi is $1,610 a month, against $2,293 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Kechi?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Kechi, Kansas at today's rate takes a household income of roughly $98,500 a year. That covers the full $2,293 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Kechi, 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.