Cost to Own
United StatesKansasMeade CountyMeade Population 1,274 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Meade, Kansas

A $97,000 home here costs

$965

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $499. The real number is $467 higher every month — 94% more than the payment most buyers budget for.

Meade median: $97,100
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $77,600 borrowed $499
Property tax1.550% effective rate for Meade itself $125
Homeowners insuranceKansas averages $1,491/yr (NAIC), or 0.7% of home value $57
Electricity15.13¢/kWh — Kansas residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $81
Total monthly $965

Meade against Meade County and Kansas

MeasureMeadeMeade County
Median home value$97,100$122,000
Median property tax$1,505$1,858
Effective tax rate1.550%1.523%
Median gross rent$739$799
Population1,2743,949

The weather behind that power bill

Meade sits in Meade County, which averages a high of 94.4°F in its hottest month and a low of 18.6°F in its coldest, with 23.04" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 1,474 cooling and 4,924 heating degree days, which is what sets the $136 electricity line above.

See the full climate breakdown for Meade County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Meade County

Full Meade County cost breakdown · Every county in Kansas

Common questions

How much does it cost to own a home in Meade?

A $97,000 home in Meade, Kansas costs approximately $965 per month with 20% down at 6.66%. That is $499 principal and interest, $125 property tax, $57 homeowners insurance, $204 utilities and $81 set aside for maintenance.

What is the property tax rate in Meade?

Meade has an effective property tax rate of 1.550%, based on a median home value of $97,100 and median real estate taxes of $1,505. That is higher than the Meade County average of 1.523%.

What is the average home price in Meade?

The median owner-occupied home value in Meade, Kansas is $97,100, against $122,000 across Meade County.

Is it cheaper to rent or buy in Meade?

Median gross rent in Meade is $739 a month, against $965 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 Meade — 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.

Full methodology