Cost of living in Durant research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Durant is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Oklahoma, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Durant is 87, with 100 being the average.
The cost of living index in Durant is 0.9x lower than the national average.
Durant ranks as the #47 cheapest in Oklahoma out of 74.
Durant ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Durant is $123,000.
The median income in Durant is $41,009.
According to the most recent data on the cost of living, Durant has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Oklahoma, Durant has a cost of living index that's 1.0x higher than Oklahoma's index of 86.
The standard of living in Durant ranks as #47 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Durant ranks as the #27 most expensive place in the Sooner State.
For more reading on life in Durant, check out:
Six factors go into calculating the cost of living index in Durant. Here is how it fairs on each of the criteria:
The Services index in Durant is 95.
The Groceries index in Durant is 94.
The Health index in Durant is 92.
The Housing index in Durant is 63.
The Transportation index in Durant is 85.
The Utilities index in Durant is 103.
|Living Expense||Durant||Oklahoma||National Average|
Housing swings affordability the most between places in Oklahoma, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Durant is $123,000.
The Median Rent in Durant is $802.
The Median Income in Durant is $41,009.
The Home Value To Income in Durant is 3.0x.
The Rent To Monthly Income in Durant is 0.23x.
|Median Home Value||$123,000||$150,800||$244,900|
|Home Value To Income||3.0x||2.6x||3.5x|
|Rent To Monthly Income||0.23x||0.18x||0.2x|
The cost of living varies in the cities and towns around Durant. Here's a quick look at the cost of living in the most populous nearby places:
Sherman, TX has a cost of living index of 86, 1.0x Durant.
Ardmore, OK has a cost of living index of 87, 1.0x Durant.
Denison, TX has a cost of living index of 83, 1.0x Durant.