Cost to Own
United StatesMissouriAndrew CountySavannah Population 5,062 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Savannah, Missouri

A $143,000 home here costs

$1,228

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

A standard mortgage calculator would have told you $735. The real number is $493 higher every month — 67% more than the payment most buyers budget for.

Savannah median: $143,100
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, $114,400 borrowed $735
Property tax0.911% effective rate for Savannah itself $109
Homeowners insuranceMissouri averages $1,340/yr (NAIC), or 0.625% of home value $74
Electricity13.68¢/kWh — Missouri residential average, EIA $123
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $119
Total monthly $1,228

Savannah against Andrew County and Missouri

MeasureSavannahAndrew County
Median home value$143,100$196,200
Median property tax$1,304$1,495
Effective tax rate0.911%0.762%
Median gross rent$835$944
Population5,06218,086

The weather behind that power bill

Savannah sits in Andrew County, which averages a high of 88.1°F in its hottest month and a low of 17.1°F in its coldest, with 34.76" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 1,288 cooling and 5,385 heating degree days, which is what sets the $123 electricity line above.

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

Other cities in Andrew County

Full Andrew County cost breakdown · Every county in Missouri

Common questions

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

A $143,000 home in Savannah, Missouri costs approximately $1,228 per month with 20% down at 6.66%. That is $735 principal and interest, $109 property tax, $74 homeowners insurance, $191 utilities and $119 set aside for maintenance.

What is the property tax rate in Savannah?

Savannah has an effective property tax rate of 0.911%, based on a median home value of $143,100 and median real estate taxes of $1,304. That is higher than the Andrew County average of 0.762%.

What is the average home price in Savannah?

The median owner-occupied home value in Savannah, Missouri is $143,100, against $196,200 across Andrew County.

Is it cheaper to rent or buy in Savannah?

Median gross rent in Savannah is $835 a month, against $1,228 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 Savannah — 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