Total monthly cost of ownership
Cost to Own a Home in Boise City, Oklahoma
A $65,000 home here costs
$723per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $31,000 a year.
A standard mortgage calculator would have told you $354. The real number is $369 higher every month, 104% more than the payment most buyers budget for.
Compare Cimarron County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Boise City from a five-year rolling sample, and with about 1,218 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Cimarron County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Boise City against Cimarron County and Oklahoma
| Measure | Boise City | Cimarron County |
|---|---|---|
| Median home value | $65,300 | $94,500 |
| Median property tax | $284 | $386 |
| Effective tax rate | 0.435% | 0.408% |
| Median gross rent | $691 | $682 |
| Population | 1,218 | 2,247 |
The weather behind that power bill
Boise City sits in Cimarron County, which averages a high of 93.8°F in its hottest month and a low of 20.4°F in its coldest, with 18.34" of precipitation a year and 47% of it in a single three-month stretch. That climate drives 1,305 cooling and 4,405 heating degree days, which is what sets the $160 electricity line above.
See the full climate breakdown for Cimarron County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cimarron County
No other places of this size are published in Cimarron County.
Full Cimarron County cost breakdown · Every county in Oklahoma
Talk to someone who works this market
These are Boise City averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Boise City every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Boise City I already own here and may sell
Common questions
How much does it cost to own a home in Boise City?
A $65,000 home in Boise City, Oklahoma costs approximately $723 per month with 20% down at 7.24%. That is $354 principal and interest, $24 property tax, $63 homeowners insurance, $228 utilities and $54 set aside for maintenance.
What is the property tax rate in Boise City?
Boise City has an effective property tax rate of 0.435%, based on a median home value of $65,300 and median real estate taxes of $284. That is higher than the Cimarron County average of 0.408%.
What is the average home price in Boise City?
The median owner-occupied home value in Boise City, Oklahoma is $65,300, against $94,500 across Cimarron County.
Is it cheaper to rent or buy in Boise City?
Median gross rent in Boise City is $691 a month, against $723 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Boise City?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Boise City, Oklahoma at today's rate takes a household income of roughly $31,000 a year. That covers the full $723 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Boise City, 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.