Grove, OK Cost Of Living
Cost Of Living In Grove, OK Summary
Cost of living in Grove 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 Grove 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 Grove is 87, with 100 being the average.
The cost of living index in Grove is 0.9x lower than the national average.
Grove ranks as the #47 cheapest in Oklahoma out of 74.
Grove ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Grove is $179,600.
The median income in Grove is $45,184.
Table Of Contents
Grove's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Grove, OK?
According to the most recent data on the cost of living, Grove has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Oklahoma, Grove has a cost of living index that's 1.0x higher than Oklahoma's index of 86.
The standard of living in Grove ranks as #47 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Grove ranks as the #27 most expensive place in the Sooner State.
For more reading on life in Grove, check out:
- Living In Grove
- Grove Crime Report
- Search Homes For Sale In Grove, OK
In Oklahoma
In America
Grove Cost Of Living Vs. Oklahoma
Six factors go into calculating the cost of living index in Grove. Here is how it fairs on each of the criteria:
The Services index in Grove is 90.
The Groceries index in Grove is 102.
The Health index in Grove is 97.
The Housing index in Grove is 81.
The Transportation index in Grove is 84.
The Utilities index in Grove is 103.
| Living Expense | Grove | Oklahoma | National Average | |
|---|---|---|---|---|
| Overall | 87 | 86 | 100 | |
| Services | 90 | 92 | 100 | |
| Groceries | 102 | 94 | 100 | |
| Health | 97 | 92 | 100 | |
| Housing | 81 | 70 | 100 | |
| Transportation | 84 | 90 | 100 | |
| Utilities | 103 | 97 | 100 | |
Grove, OK Housing Cost Breakdown
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 Grove is $179,600.
The Median Rent in Grove is $775.
The Median Income in Grove is $45,184.
The Home Value To Income in Grove is 4.0x.
The Rent To Monthly Income in Grove is 0.21x.
| Statistic | Grove | Oklahoma | United States |
|---|---|---|---|
| Median Home Value | $179,600 | $150,800 | $244,900 |
| Median Rent | $775 | $862 | $1,163 |
| Median Income | $45,184 | $56,956 | $69,021 |
| Home Value To Income | 4.0x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Grove, OK Costs By Category
Detailed Grove Services Costs Vs. Oklahoma
Detailed Grove Groceries Costs Vs. Oklahoma
Detailed Grove Health Costs Vs. Oklahoma
Detailed Grove Transportation Costs Vs. Oklahoma
Detailed Grove Utilities Costs Vs. Oklahoma
Grove SnackAbility
/10
Cost Of Living In Cities Around Grove
The cost of living varies in the cities and towns around Grove. Here's a quick look at the cost of living in the most populous nearby places:
North Port, FL has a cost of living index of 100, 1.1x Grove.
Port Charlotte, FL has a cost of living index of 99, 1.1x Grove.
Venice, FL has a cost of living index of 107, 1.2x Grove.
| City | Population | Cost Of Living | Vs. Grove |
|---|---|---|---|
| North Port, FL | 74,131 | 100 | 1.1x |
| Port Charlotte, FL | 62,531 | 99 | 1.1x |
| Venice, FL | 24,876 | 107 | 1.2x |
| Englewood, FL | 19,683 | 94 | 1.1x |
| Punta Gorda, FL | 19,230 | 115 | 1.3x |
| South Venice, FL | 16,426 | 101 | 1.2x |
| Rotonda, FL | 9,906 | 108 | 1.2x |
| Warm Mineral Springs, FL | 5,051 | 94 | 1.1x |
