Total monthly cost of ownership
Cost to Own a Home in Muskogee, Oklahoma
A $125,000 home here costs
$1,137per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $643. The real number is $495 higher every month — 77% 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.
Muskogee against Muskogee County and Oklahoma
| Measure | Muskogee | Muskogee County |
|---|---|---|
| Median home value | $124,900 | $138,800 |
| Median property tax | $971 | $972 |
| Effective tax rate | 0.777% | 0.700% |
| Median gross rent | $828 | $824 |
| Population | 36,819 | 66,471 |
The weather behind that power bill
Muskogee sits in Muskogee County, which averages a high of 92.3°F in its hottest month and a low of 28.2°F in its coldest, with 43.23" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,920 cooling and 3,412 heating degree days, which is what sets the $120 electricity line above.
See the full climate breakdown for Muskogee County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Muskogee County
Full Muskogee County cost breakdown · Every county in Oklahoma
Common questions
How much does it cost to own a home in Muskogee?
A $125,000 home in Muskogee, Oklahoma costs approximately $1,137 per month with 20% down at 6.66%. That is $643 principal and interest, $81 property tax, $121 homeowners insurance, $188 utilities and $104 set aside for maintenance.
What is the property tax rate in Muskogee?
Muskogee has an effective property tax rate of 0.777%, based on a median home value of $124,900 and median real estate taxes of $971. That is higher than the Muskogee County average of 0.700%.
What is the average home price in Muskogee?
The median owner-occupied home value in Muskogee, Oklahoma is $124,900, against $138,800 across Muskogee County.
Is it cheaper to rent or buy in Muskogee?
Median gross rent in Muskogee is $828 a month, against $1,137 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 Muskogee — 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.