Cost of Living in Duncan, OK

Population 22,872 · Oklahoma · Data vintage 2023

51
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Duncan is a smaller Oklahoma community of around 23000 residents, where median household incomes of $57,020 and housing costs ($126,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. A poverty rate near 20% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Located 50 miles northeast of Wichita Falls, Duncan is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 12% lower than Wichita Falls' $143,000.

Cost Overview

Housing 41
Rent 66

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Duncan

The median home value in Duncan is $125,800 — 59% below the national median of $305,000. Median rent runs $872/month, 34% lower than the national median of $1,314/month. The median household income of $57,020/year is 24% lower than the US median of $74,580. The local unemployment rate is 6.1%, above the national average of 4.8%. Oklahoma's top state income tax rate is 4.8% and the combined sales tax is 9.0%. The climate averages highs of 75.4°F and lows of 49.8°F. Overall, Duncan has a cost of living index of 51 versus the US average of 100, meaning it is 49% less expensive.

🏠 Housing

Median Home Value
$125,800
59% below avg
Zillow Home Value
$131,900
Zillow ZHVI
Median Rent
$872/mo
34% below avg
Zillow Rent
$1,027/mo
Zillow ZORI
Price-to-Rent Ratio
12.0x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$678
1 BR
$728
2 BR
$910
3 BR
$1,220
4 BR
$1,439
Owner-occupied 67.8%
Renter-occupied 32.2%

💰 Estimated Monthly Budget

Rent median rent
$872
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,486/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
21.6 min
20% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.7%

Commute Mode

Drove alone
77.0%
Carpooled
15.2%
Public transit
0.2%
Walked
0.8%
Bicycle
0.7%
Work from home
4.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 4.8%
Total Sales Tax 9.0%
State rate 4.5%
Avg local rate 4.5%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$57,020
24% below avg
Per Capita Income
$33,531
Unemployment Rate
6.1%
27% above avg
Poverty Rate
20.4%
Labor Force Participation
55.1%

🎓 Education

Bachelor's degree+ 12.1%
Graduate degree 7.5%

👥 Demographics

Median Age 40
Male median age 38.2
Female median age 41.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
75.4°F
Avg Low
49.8°F
Annual Precip
27.5"
20° 40° 60° 80° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 545867758392979688776454
Low °F 273241495968727163503829
Precip" 1.040.891.892.463.723.982.003.212.802.521.501.46

🏫 Schools

NCES CCD 2019 — public school district data

88.3%
4-Year Graduation Rate
16.6:1
Student-teacher ratio
11
Public schools
4,010
Total enrollment

Frequently Asked Questions

What is the cost of living in Duncan, OK?

Duncan has a cost index of 51 (100 = national average). It is 49% below the national average.

What is average rent in Duncan, OK?

The median gross rent in Duncan is $872 per month based on 2023 Census data.

What is the average home price in Duncan?

The median home value in Duncan is $125,800 according to Zillow and Census data.

What is the median income in Duncan?

The median household income in Duncan is $57,020 per year (2023 ACS 5-year estimates).

What is the sales tax in Duncan, OK?

The combined state and local sales tax rate in Duncan is 9.0%. The Oklahoma state income tax top rate is 4.8%.

Is Duncan, OK affordable?

Yes, Duncan is generally considered affordable, with a cost of living index of 51 — about 49% below the US national average of 100.

What is the weather like in Duncan?

Duncan has average high temperatures of 75.4°F and average lows of 49.8°F. Annual precipitation is 27.5". Data from NOAA 1991–2020 Climate Normals.

Duncan at a Glance

Population
22,872
Median Income
$57,020
Home Value
$125,800
Median Rent
$872/mo
Unemployment
6.1%
Avg High Temp
75.4°F
Sales Tax
9.0%
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