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Cost of Living in Caddo County

Is it better to rent or buy in Caddo County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$54,865
$757/mo

Median in area: $757

$117,040

Median in area: $117,040

$23,408

If you Rent

🔑
$989 /mo
Base Rent$757
Est. Utilities$232
% of Income21.6%
Pre-tax Residual$3,583

If you Buy

🏠
$1,033 /mo
P&I (7.125%)$631
Taxes & Ins$170
Est. Utilities$232
% of Income22.6%
Pre-tax Residual$3,539

Compare Nearby Areas

See how Caddo County stacks up against neighboring areas.

countyBlaine County, OK
$855/mo
countyCanadian County, OK
$1,383/mo
countyWashita County, OK
$783/mo
countyComanche County, OK
$1,030/mo
countyGrady County, OK
$940/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Caddo County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Caddo County. The estimated all-in monthly cost for renting is $989, while owning a median-priced home with a 20% down payment is roughly $1,033 per month (a difference of $44).

How much do utilities cost in Caddo County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Caddo County is approximately $232. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Caddo County?›

To comfortably afford the median rent and utilities in Caddo County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $39,560 per year.