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Cost of Living in Duncan

Is it better to rent or buy in Duncan? 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.

$74,659
$646/mo

Median in area: $646

$116,900

Median in area: $116,900

$23,380

If you Rent

$1,002 /mo
Base Rent$646
Est. Utilities$356
% of Income16.1%
Pre-tax Residual$5,220

If you Buy

$1,146 /mo
P&I (6.978%)$621
Taxes & Ins$169
Est. Utilities$356
% of Income18.4%
Pre-tax Residual$5,076

Cost of Living FAQs

Is it cheaper to rent or buy in Duncan?›

Based on median housing data, renting is currently more affordable on a monthly basis in Duncan. The estimated all-in monthly cost for renting is $1,002, while owning a median-priced home with a 20% down payment is roughly $1,146 per month (a difference of $144).

How much do utilities cost in Duncan?›

The average monthly utility cost (electricity and natural gas) for a typical home in Duncan is approximately $356. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Duncan?›

To comfortably afford the median rent and utilities in Duncan without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $40,080 per year.