Cost to Own
United StatesOklahomaCherokee CountyMoodys Population 1,128 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Moodys, Oklahoma

A $414,000 home here costs

$3,159

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

A standard mortgage calculator would have told you $2,128. The real number is $1,030 higher every month — 48% more than the payment most buyers budget for.

Moodys median: $414,000
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, $331,200 borrowed $2,128
Property tax0.278% effective rate for Moodys itself $96
Homeowners insuranceOklahoma averages $2,155/yr (NAIC), or 1.163% of home value $401
Electricity13.38¢/kWh — Oklahoma residential average, EIA $120
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $345
Total monthly $3,159

Moodys against Cherokee County and Oklahoma

MeasureMoodysCherokee County
Median home value$414,000$160,300
Median property tax$1,151$905
Effective tax rate0.278%0.565%
Median gross rent$675$803
Population1,12847,621

The weather behind that power bill

Moodys sits in Cherokee County, which averages a high of 93.0°F in its hottest month and a low of 27.5°F in its coldest, with 50.98" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,863 cooling and 3,312 heating degree days, which is what sets the $120 electricity line above.

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

Other cities in Cherokee County

Full Cherokee County cost breakdown · Every county in Oklahoma

Common questions

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

A $414,000 home in Moodys, Oklahoma costs approximately $3,159 per month with 20% down at 6.66%. That is $2,128 principal and interest, $96 property tax, $401 homeowners insurance, $188 utilities and $345 set aside for maintenance.

What is the property tax rate in Moodys?

Moodys has an effective property tax rate of 0.278%, based on a median home value of $414,000 and median real estate taxes of $1,151. That is lower than the Cherokee County average of 0.565%.

What is the average home price in Moodys?

The median owner-occupied home value in Moodys, Oklahoma is $414,000, against $160,300 across Cherokee County.

Is it cheaper to rent or buy in Moodys?

Median gross rent in Moodys is $675 a month, against $3,159 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 Moodys — 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