Total monthly cost of ownership
Cost to Own a Home in La Plata, Missouri
A $96,000 home here costs
$881per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $494. The real number is $388 higher every month — 79% 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.
La Plata against Macon County and Missouri
| Measure | La Plata | Macon County |
|---|---|---|
| Median home value | $96,300 | $127,000 |
| Median property tax | $805 | $1,049 |
| Effective tax rate | 0.836% | 0.826% |
| Median gross rent | $326 | $719 |
| Population | 1,401 | 15,163 |
The weather behind that power bill
La Plata sits in Macon County, which averages a high of 87.5°F in its hottest month and a low of 18.9°F in its coldest, with 41.93" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 1,308 cooling and 5,306 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Macon County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Macon County
Common questions
How much does it cost to own a home in La Plata?
A $96,000 home in La Plata, Missouri costs approximately $881 per month with 20% down at 6.66%. That is $494 principal and interest, $67 property tax, $50 homeowners insurance, $191 utilities and $80 set aside for maintenance.
What is the property tax rate in La Plata?
La Plata has an effective property tax rate of 0.836%, based on a median home value of $96,300 and median real estate taxes of $805. That is higher than the Macon County average of 0.826%.
What is the average home price in La Plata?
The median owner-occupied home value in La Plata, Missouri is $96,300, against $127,000 across Macon County.
Is it cheaper to rent or buy in La Plata?
Median gross rent in La Plata is $326 a month, against $881 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 La Plata — 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.