Total monthly cost of ownership
Cost to Own a Home in Anadarko, Oklahoma
A $90,000 home here costs
$848per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $463. The real number is $385 higher every month — 83% 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.
Anadarko against Caddo County and Oklahoma
| Measure | Anadarko | Caddo County |
|---|---|---|
| Median home value | $90,000 | $109,900 |
| Median property tax | $413 | $627 |
| Effective tax rate | 0.459% | 0.571% |
| Median gross rent | $725 | $715 |
| Population | 5,627 | 26,626 |
The weather behind that power bill
Anadarko sits in Caddo County, which averages a high of 96.8°F in its hottest month and a low of 28.1°F in its coldest, with 27.99" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 2,307 cooling and 3,406 heating degree days, which is what sets the $120 electricity line above.
See the full climate breakdown for Caddo County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Caddo County
Common questions
How much does it cost to own a home in Anadarko?
A $90,000 home in Anadarko, Oklahoma costs approximately $848 per month with 20% down at 6.66%. That is $463 principal and interest, $34 property tax, $87 homeowners insurance, $188 utilities and $75 set aside for maintenance.
What is the property tax rate in Anadarko?
Anadarko has an effective property tax rate of 0.459%, based on a median home value of $90,000 and median real estate taxes of $413. That is lower than the Caddo County average of 0.571%.
What is the average home price in Anadarko?
The median owner-occupied home value in Anadarko, Oklahoma is $90,000, against $109,900 across Caddo County.
Is it cheaper to rent or buy in Anadarko?
Median gross rent in Anadarko is $725 a month, against $848 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 Anadarko — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Oklahoma.
- 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.