Total monthly cost of ownership
Cost to Own a Home in Chelsea, Oklahoma
A $101,000 home here costs
$937per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $519. The real number is $418 higher every month — 80% 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.
Chelsea against Rogers County and Oklahoma
| Measure | Chelsea | Rogers County |
|---|---|---|
| Median home value | $101,300 | $222,200 |
| Median property tax | $568 | $1,739 |
| Effective tax rate | 0.561% | 0.783% |
| Median gross rent | $756 | $1,018 |
| Population | 1,862 | 97,235 |
The weather behind that power bill
Chelsea sits in Rogers County, which averages a high of 91.7°F in its hottest month and a low of 24.4°F in its coldest, with 45.92" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 1,781 cooling and 3,939 heating degree days, which is what sets the $120 electricity line above.
See the full climate breakdown for Rogers County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Rogers County
Full Rogers County cost breakdown · Every county in Oklahoma
Common questions
How much does it cost to own a home in Chelsea?
A $101,000 home in Chelsea, Oklahoma costs approximately $937 per month with 20% down at 6.66%. That is $519 principal and interest, $47 property tax, $98 homeowners insurance, $188 utilities and $84 set aside for maintenance.
What is the property tax rate in Chelsea?
Chelsea has an effective property tax rate of 0.561%, based on a median home value of $101,300 and median real estate taxes of $568. That is lower than the Rogers County average of 0.783%.
What is the average home price in Chelsea?
The median owner-occupied home value in Chelsea, Oklahoma is $101,300, against $222,200 across Rogers County.
Is it cheaper to rent or buy in Chelsea?
Median gross rent in Chelsea is $756 a month, against $937 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 Chelsea — 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.