Total monthly cost of ownership
Cost to Own a Home in Sikeston, Missouri
A $158,000 home here costs
$1,305per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $812. The real number is $492 higher every month — 61% 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.
Sikeston against Scott County and Missouri
| Measure | Sikeston | Scott County |
|---|---|---|
| Median home value | $158,100 | $143,700 |
| Median property tax | $1,048 | $936 |
| Effective tax rate | 0.663% | 0.651% |
| Median gross rent | $827 | $809 |
| Population | 16,231 | 37,967 |
Sikeston extends across 2 counties. Figures here use Scott County, where most of its housing sits.
The weather behind that power bill
Sikeston sits in Scott County, which averages a high of 89.2°F in its hottest month and a low of 26.2°F in its coldest, with 47.91" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,566 cooling and 4,177 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Scott County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Scott County
Common questions
How much does it cost to own a home in Sikeston?
A $158,000 home in Sikeston, Missouri costs approximately $1,305 per month with 20% down at 6.66%. That is $812 principal and interest, $87 property tax, $82 homeowners insurance, $191 utilities and $132 set aside for maintenance.
What is the property tax rate in Sikeston?
Sikeston has an effective property tax rate of 0.663%, based on a median home value of $158,100 and median real estate taxes of $1,048. That is higher than the Scott County average of 0.651%.
What is the average home price in Sikeston?
The median owner-occupied home value in Sikeston, Missouri is $158,100, against $143,700 across Scott County.
Is it cheaper to rent or buy in Sikeston?
Median gross rent in Sikeston is $827 a month, against $1,305 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 Sikeston — 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.