Total monthly cost of ownership
Cost to Own a Home in Chickasha, Oklahoma
A $113,000 home here costs
$1,037per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $581. The real number is $456 higher every month — 79% 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.
Chickasha against Grady County and Oklahoma
| Measure | Chickasha | Grady County |
|---|---|---|
| Median home value | $113,200 | $187,900 |
| Median property tax | $775 | $1,321 |
| Effective tax rate | 0.685% | 0.703% |
| Median gross rent | $879 | $874 |
| Population | 16,349 | 55,868 |
The weather behind that power bill
Chickasha sits in Grady County, which averages a high of 92.5°F in its hottest month and a low of 27.7°F in its coldest, with 37.65" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 1,945 cooling and 3,479 heating degree days, which is what sets the $120 electricity line above.
See the full climate breakdown for Grady County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Grady County
Common questions
How much does it cost to own a home in Chickasha?
A $113,000 home in Chickasha, Oklahoma costs approximately $1,037 per month with 20% down at 6.66%. That is $581 principal and interest, $65 property tax, $110 homeowners insurance, $188 utilities and $94 set aside for maintenance.
What is the property tax rate in Chickasha?
Chickasha has an effective property tax rate of 0.685%, based on a median home value of $113,200 and median real estate taxes of $775. That is lower than the Grady County average of 0.703%.
What is the average home price in Chickasha?
The median owner-occupied home value in Chickasha, Oklahoma is $113,200, against $187,900 across Grady County.
Is it cheaper to rent or buy in Chickasha?
Median gross rent in Chickasha is $879 a month, against $1,037 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 Chickasha — 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.