Total monthly cost of ownership
Cost to Own a Home in Sedalia, Missouri
A $137,000 home here costs
$1,168per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $704. The real number is $463 higher every month — 66% 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.
Sedalia against Pettis County and Missouri
| Measure | Sedalia | Pettis County |
|---|---|---|
| Median home value | $136,500 | $161,500 |
| Median property tax | $1,040 | $1,259 |
| Effective tax rate | 0.762% | 0.780% |
| Median gross rent | $854 | $863 |
| Population | 21,869 | 43,205 |
The weather behind that power bill
Sedalia sits in Pettis County, which averages a high of 87.3°F in its hottest month and a low of 21.2°F in its coldest, with 36.2" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 1,266 cooling and 4,948 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Pettis County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pettis County
Full Pettis County cost breakdown · Every county in Missouri
Common questions
How much does it cost to own a home in Sedalia?
A $137,000 home in Sedalia, Missouri costs approximately $1,168 per month with 20% down at 6.66%. That is $704 principal and interest, $87 property tax, $71 homeowners insurance, $191 utilities and $114 set aside for maintenance.
What is the property tax rate in Sedalia?
Sedalia has an effective property tax rate of 0.762%, based on a median home value of $136,500 and median real estate taxes of $1,040. That is lower than the Pettis County average of 0.780%.
What is the average home price in Sedalia?
The median owner-occupied home value in Sedalia, Missouri is $136,500, against $161,500 across Pettis County.
Is it cheaper to rent or buy in Sedalia?
Median gross rent in Sedalia is $854 a month, against $1,168 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 Sedalia — 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.