Total monthly cost of ownership
Cost to Own a Home in Shelbina, Missouri
A $80,000 home here costs
$778per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $411. The real number is $366 higher every month — 89% 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.
Shelbina against Shelby County and Missouri
| Measure | Shelbina | Shelby County |
|---|---|---|
| Median home value | $79,500 | $86,200 |
| Median property tax | $800 | $772 |
| Effective tax rate | 1.006% | 0.896% |
| Median gross rent | $666 | $570 |
| Population | 2,108 | 6,011 |
The weather behind that power bill
Shelbina sits in Shelby County, which averages a high of 86.6°F in its hottest month and a low of 17.1°F in its coldest, with 42.08" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 1,092 cooling and 5,573 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Shelby County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Shelby County
No other places of this size are published in Shelby County.
Full Shelby County cost breakdown · Every county in Missouri
Common questions
How much does it cost to own a home in Shelbina?
A $80,000 home in Shelbina, Missouri costs approximately $778 per month with 20% down at 6.66%. That is $411 principal and interest, $67 property tax, $42 homeowners insurance, $191 utilities and $67 set aside for maintenance.
What is the property tax rate in Shelbina?
Shelbina has an effective property tax rate of 1.006%, based on a median home value of $79,500 and median real estate taxes of $800. That is higher than the Shelby County average of 0.896%.
What is the average home price in Shelbina?
The median owner-occupied home value in Shelbina, Missouri is $79,500, against $86,200 across Shelby County.
Is it cheaper to rent or buy in Shelbina?
Median gross rent in Shelbina is $666 a month, against $778 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 Shelbina — 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.