Cost to Own
United StatesOklahomaCreek CountyKiefer Population 2,418 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Kiefer, Oklahoma

A $207,000 home here costs

$1,779

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,064. The real number is $715 higher every month — 67% more than the payment most buyers budget for.

Kiefer median: $207,200
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $165,600 borrowed $1,064
Property tax0.892% effective rate for Kiefer itself $154
Homeowners insuranceOklahoma averages $2,155/yr (NAIC), or 1.163% of home value $201
Electricity13.38¢/kWh — Oklahoma residential average, EIA $120
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $173
Total monthly $1,779

Kiefer against Creek County and Oklahoma

MeasureKieferCreek County
Median home value$207,200$170,900
Median property tax$1,849$1,261
Effective tax rate0.892%0.738%
Median gross rent$1,105$910
Population2,41872,353

The weather behind that power bill

Kiefer sits in Creek County, which averages a high of 91.9°F in its hottest month and a low of 26.1°F in its coldest, with 42.07" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 1,701 cooling and 3,665 heating degree days, which is what sets the $120 electricity line above.

See the full climate breakdown for Creek County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Creek County

Full Creek County cost breakdown · Every county in Oklahoma

Common questions

How much does it cost to own a home in Kiefer?

A $207,000 home in Kiefer, Oklahoma costs approximately $1,779 per month with 20% down at 6.66%. That is $1,064 principal and interest, $154 property tax, $201 homeowners insurance, $188 utilities and $173 set aside for maintenance.

What is the property tax rate in Kiefer?

Kiefer has an effective property tax rate of 0.892%, based on a median home value of $207,200 and median real estate taxes of $1,849. That is higher than the Creek County average of 0.738%.

What is the average home price in Kiefer?

The median owner-occupied home value in Kiefer, Oklahoma is $207,200, against $170,900 across Creek County.

Is it cheaper to rent or buy in Kiefer?

Median gross rent in Kiefer is $1,105 a month, against $1,779 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 Kiefer — 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.

Full methodology