Total monthly cost of ownership
Cost to Own a Home in Leoti, Kansas
A $84,000 home here costs
$867per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $432. The real number is $435 higher every month — 101% 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.
Leoti against Wichita County and Kansas
| Measure | Leoti | Wichita County |
|---|---|---|
| Median home value | $83,500 | $98,700 |
| Median property tax | $1,334 | $1,449 |
| Effective tax rate | 1.598% | 1.468% |
| Median gross rent | $723 | $738 |
| Population | 1,461 | 2,115 |
The weather behind that power bill
Leoti sits in Wichita County, which averages a high of 91.5°F in its hottest month and a low of 16.0°F in its coldest, with 19.28" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 1,067 cooling and 5,649 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Wichita County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Wichita County
No other places of this size are published in Wichita County.
Common questions
How much does it cost to own a home in Leoti?
A $84,000 home in Leoti, Kansas costs approximately $867 per month with 20% down at 6.66%. That is $432 principal and interest, $112 property tax, $49 homeowners insurance, $204 utilities and $70 set aside for maintenance.
What is the property tax rate in Leoti?
Leoti has an effective property tax rate of 1.598%, based on a median home value of $83,500 and median real estate taxes of $1,334. That is higher than the Wichita County average of 1.468%.
What is the average home price in Leoti?
The median owner-occupied home value in Leoti, Kansas is $83,500, against $98,700 across Wichita County.
Is it cheaper to rent or buy in Leoti?
Median gross rent in Leoti is $723 a month, against $867 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 Leoti — 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.