How much less does it cost to live in Lincoln County MO? The answer will astound you!

by | Sep 25, 2014 | Why Lincoln County MO? | 0 comments

How much less does it cost to live in Lincoln County MO.?

Think about it. Based upon information from CNN Money the cost of property taxes in Lincoln County MO are a whopping 47% less than the cost of St. Charles County based upon taxes as % of home price. Lets add all this up:
Buy our home in Park Hills for $119,900 vs a similar ranch home for sale right now off of Pearce Blvd in Wentzville for $149,900.

Payment on Park Hills based upon 4% 30 year fixed rate is $572.42 per month. Wentzville home at same terms is $715.76. A $143.34 monthly savings in Lincoln County MO!

Taxes on Lincoln County MO house based upon CNN Money would be $947.21 per year. Home in Wentzville would be $1,858.76 per year.

Savings on small Ranch Home in Lincoln County compared to similar home in Wentzville is $219 per month and a whopping $2,631.63 per year!!. And the bigger home you buy the more the savings!!!

Ok but what about Gas? Wentzville is 10 miles closer. Based upon daily round trip that is 20 miles per day. Working 5 day work weeks, 50 weeks out of the year that would be an extra 5200 miles per year. If your vehicle gets 20 miles per gallon and gas is $3.50 per gallon that means you would spend an additional $910 per year on gas. Not close to the $2,631.63 savings per year on housing.

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