Edmond, OK

Average · 99

Oklahoma · Population 95,618 · Updated March 2026

$1,313
Median Rent / Month
$102,032
Median Income
$324,900
Median Home Value
$1,479
Owner Costs / Month

Affordability

How far your income goes in Edmond

15.4%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Oklahoma

State-level tax rates that affect your costs

4.75%
Income Tax (Top Rate)
4.5%
Sales Tax
0.9%
Property Tax Rate

Estimated Annual Costs

$15,756
Annual Rent
$4,847
State Income Tax
$2,924
Property Tax (est.)

Cost of Living Overview

Edmond has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 99 (where 100 equals the national median), Edmond residents can expect to pay median rent of $1,313/month while earning a median household income of $102,032/year.

The median home value in Edmond, OK is $324,900, with typical monthly owner costs around $1,479 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.4% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Oklahoma has a moderate income tax rate of 4.75%. Combined with a 4.5% sales tax rate and 0.9% effective property tax rate, the overall tax environment is a factor in the total cost of living in Edmond.

Frequently Asked Questions

Common questions about living costs in Edmond

What is the cost of living in Edmond, OK?
The cost of living index in Edmond, OK is 99 (US average = 100). Median monthly rent is $1,313, median household income is $102,032/year, and the median home value is $324,900.
Is Edmond, OK affordable?
Yes, Edmond is more affordable than the national average with a cost index of 99. The rent-to-income ratio is 15.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Edmond, OK?
The median gross rent in Edmond, OK is $1,313 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,756.
What is the median household income in Edmond?
The median household income in Edmond, OK is $102,032 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Oklahoma?
Oklahoma has a top income tax rate of 4.75%, a sales tax of 4.5%, and an effective property tax rate of 0.9%.