Total monthly cost of ownership
Cost to Own a Home in Lilbourn, Missouri
A $66,000 home here costs
$675per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $339. The real number is $336 higher every month — 99% 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.
Lilbourn against New Madrid County and Missouri
| Measure | Lilbourn | New Madrid County |
|---|---|---|
| Median home value | $65,600 | $105,500 |
| Median property tax | $658 | $746 |
| Effective tax rate | 1.003% | 0.707% |
| Median gross rent | $692 | $734 |
| Population | 1,021 | 16,041 |
The weather behind that power bill
Lilbourn sits in New Madrid County, which averages a high of 90.3°F in its hottest month and a low of 27.5°F in its coldest, with 49.29" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,755 cooling and 3,949 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for New Madrid County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in New Madrid County
Full New Madrid County cost breakdown · Every county in Missouri
Common questions
How much does it cost to own a home in Lilbourn?
A $66,000 home in Lilbourn, Missouri costs approximately $675 per month with 20% down at 6.66%. That is $339 principal and interest, $55 property tax, $34 homeowners insurance, $191 utilities and $55 set aside for maintenance.
What is the property tax rate in Lilbourn?
Lilbourn has an effective property tax rate of 1.003%, based on a median home value of $65,600 and median real estate taxes of $658. That is higher than the New Madrid County average of 0.707%.
What is the average home price in Lilbourn?
The median owner-occupied home value in Lilbourn, Missouri is $65,600, against $105,500 across New Madrid County.
Is it cheaper to rent or buy in Lilbourn?
Median gross rent in Lilbourn is $692 a month, against $675 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Lilbourn — 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.