Calculate using real Oklahoma City data. Median home price: $200,000. Property tax rate: 0.87%.
Oklahoma City, OK has a cost of living index of 85, where 100 represents the national average. This means living in Oklahoma City is 15% less expensive the national average.
The median household income in Oklahoma City, OK is $55,557. Combined with a cost of living index of 85, this provides a picture of purchasing power in the area.
The median home price in Oklahoma City, OK is $200,000 with a property tax rate of 0.87%. Monthly housing costs (mortgage + taxes + insurance) on a median-priced home would be approximately $1,306.