Cost to Own
United StatesMissouriClay CountyNorth Kansas City Population 4,758 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in North Kansas City, Missouri

A $195,000 home here costs

$1,621

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

A standard mortgage calculator would have told you $1,002. The real number is $618 higher every month — 62% more than the payment most buyers budget for.

North Kansas City median: $194,700
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, $156,000 borrowed $1,002
Property tax1.003% effective rate for North Kansas City itself $163
Homeowners insuranceMissouri averages $1,340/yr (NAIC), or 0.625% of home value $102
Electricity13.68¢/kWh — Missouri residential average, EIA $123
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $163
Total monthly $1,621

North Kansas City against Clay County and Missouri

MeasureNorth Kansas CityClay County
Median home value$194,700$256,400
Median property tax$1,953$2,817
Effective tax rate1.003%1.099%
Median gross rent$1,146$1,220
Population4,758255,566

The weather behind that power bill

North Kansas City sits in Clay County, which averages a high of 88.0°F in its hottest month and a low of 17.2°F in its coldest, with 41.21" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 1,266 cooling and 5,342 heating degree days, which is what sets the $123 electricity line above.

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

Other cities in Clay County

Full Clay County cost breakdown · Every county in Missouri

Common questions

How much does it cost to own a home in North Kansas City?

A $195,000 home in North Kansas City, Missouri costs approximately $1,621 per month with 20% down at 6.66%. That is $1,002 principal and interest, $163 property tax, $102 homeowners insurance, $191 utilities and $163 set aside for maintenance.

What is the property tax rate in North Kansas City?

North Kansas City has an effective property tax rate of 1.003%, based on a median home value of $194,700 and median real estate taxes of $1,953. That is lower than the Clay County average of 1.099%.

What is the average home price in North Kansas City?

The median owner-occupied home value in North Kansas City, Missouri is $194,700, against $256,400 across Clay County.

Is it cheaper to rent or buy in North Kansas City?

Median gross rent in North Kansas City is $1,146 a month, against $1,621 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 North Kansas City — 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.

Full methodology