Cost of living answer

Cost of Living in Edmond, OK

Cost of Living in Edmond, OK has an overall index of 104, 4% above the U.S. baseline of 100. The typical home value is $349,726; typical monthly rent is $1,640; and median household income is $102,032.

Cost index: committed city housing/rent inputs and BEA 2024 metro-area price parities. Home value: Zillow ZHVI market signal as of 2026-02. Rent: Zillow ZORI market signal as of 2026-02. A place-level signal, not a personal affordability decision or financial recommendation.

Cost vs U.S.4% aboveOverall modeled index 104
Typical rent$1,640/moZillow ZORI
Typical home value$349,726Zillow ZHVI
Median household income$102,032Census ACS place estimate
Market PressureModerate

Rent and home prices are comparatively balanced with local income. This describes the local market, not your household.

Rent pressure
19%
Typical annual rent divided by local median household income.
Buy pressure
3.4x
Typical home value divided by local median household income.
Your Household Fit

Can your household carry the housing cost?

Start with four decisions. Open advanced assumptions only when you need to replace the local defaults.

Your household inputs
Are you renting or buying?
Advanced assumptions
Initial rent input: $1,640 from ZILLOW. Edit it to match the housing option you are considering.
Mortgage benchmark: 6.11% 30-year fixed, Freddie Mac Primary Mortgage Market Survey via FRED, as of 2026-03-12. Not a lender quote or approval.
Property-tax input: State-level effective owner-occupied property-tax proxy Not a parcel or individual tax-bill estimate.

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Your Household FitNot calculated yet

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City details

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Overall cost index104100 = U.S. baseline
Goods946% below baseline
Services955% below baseline
Utilities7426% below baseline
Frequently asked questions about Edmond

Living in Edmond

What is the cost of living like in Edmond, OK?+

Living costs in Edmond land close to the national average, with a Cost Index of 104 (where 100 = the US baseline). Housing is the largest variable: the median home value here is $349,726, and typical monthly rents are $1,640. Groceries and utilities are slightly below what you would find in most US cities.

How does Edmond fit a household housing budget?+

Start with housing. Typical monthly rent is $1,640, while local median household income is $102,032. That implies a rent-burden proxy of about 19% before utilities and other costs. Use that as a planning signal for whether the place looks manageable under your own household assumptions.

How much are taxes in Edmond, OK?+

Oklahoma uses an approximate state-income-tax planning model; 4.75% is top marginal-rate context from the tax snapshot. Applying the 0.87% state-level effective owner-occupied proxy to a home worth $349,726 gives a planning estimate near $3,043 per year; it is not a city, county, parcel, or individual tax bill. State plus average local sales-tax context is around 8.97%.

How much does it cost to rent in Edmond, OK?+

The typical monthly rent in Edmond is around $1,640. That's about 22% higher than the $1,348 national median. For comparison, the median home value here is $349,726, so buyers should also factor in mortgage payments, property taxes, and insurance.

How much does a house cost in Edmond, OK?+

The typical home value in Edmond is $349,726. With 20% down and the committed 6.11% national 30-year fixed benchmark as of 2026-03-12, principal and interest are roughly $1,697/month before property tax and insurance. This is a planning estimate, not a local lender quote. About 71% of residents here own their homes.

Are groceries and utilities expensive in Edmond?+

Grocery prices in Edmond are more affordable compared to the rest of the US (index: 94, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 74). Both help keep your monthly expenses lower than in many parts of the country.

What is Edmond, OK like to live in?+

Edmond is a smaller city with a population of about 95,618. The median age of residents is 37.7, which is close to the national median. The local poverty rate is 8.32%, near the national average of 12.4%.