Guymon, OK Cost Of Living
Cost Of Living In Guymon, OK Summary
Cost of living in Guymon 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 Guymon 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 Guymon is 81, with 100 being the average.
The cost of living index in Guymon is 0.8x lower than the national average.
Guymon ranks as the #17 cheapest in Oklahoma out of 74.
Guymon ranks as the #290 cheapest out of 6,412 in the US.
The median home value in Guymon is $133,200.
The median income in Guymon is $51,060.
Table Of Contents
Guymon's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Guymon, OK?
According to the most recent data on the cost of living, Guymon has an overall cost of living index of 81, which is 0.8x lower than the national index of 100.
Compared to Oklahoma, Guymon has a cost of living index that's 0.9x lower than Oklahoma's index of 86.
The standard of living in Guymon ranks as #17 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Guymon ranks as the #57 most expensive place in the Sooner State.
For more reading on life in Guymon, check out:
- Living In Guymon
- Guymon Crime Report
- Search Homes For Sale In Guymon, OK
In Oklahoma
In America
Guymon Cost Of Living Vs. Oklahoma
Six factors go into calculating the cost of living index in Guymon. Here is how it fairs on each of the criteria:
The Services index in Guymon is 91.
The Groceries index in Guymon is 91.
The Health index in Guymon is 88.
The Housing index in Guymon is 63.
The Transportation index in Guymon is 80.
The Utilities index in Guymon is 89.
| Living Expense | Guymon | Oklahoma | National Average | |
|---|---|---|---|---|
| Overall | 81 | 86 | 100 | |
| Services | 91 | 92 | 100 | |
| Groceries | 91 | 94 | 100 | |
| Health | 88 | 92 | 100 | |
| Housing | 63 | 70 | 100 | |
| Transportation | 80 | 90 | 100 | |
| Utilities | 89 | 97 | 100 | |
Guymon, 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 Guymon is $133,200.
The Median Rent in Guymon is $812.
The Median Income in Guymon is $51,060.
The Home Value To Income in Guymon is 2.6x.
The Rent To Monthly Income in Guymon is 0.19x.
| Statistic | Guymon | Oklahoma | United States |
|---|---|---|---|
| Median Home Value | $133,200 | $150,800 | $244,900 |
| Median Rent | $812 | $862 | $1,163 |
| Median Income | $51,060 | $56,956 | $69,021 |
| Home Value To Income | 2.6x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Guymon, OK Costs By Category
Detailed Guymon Services Costs Vs. Oklahoma
Detailed Guymon Groceries Costs Vs. Oklahoma
Detailed Guymon Health Costs Vs. Oklahoma
Detailed Guymon Transportation Costs Vs. Oklahoma
Detailed Guymon Utilities Costs Vs. Oklahoma
Guymon SnackAbility
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Cost Of Living In Cities Around Guymon
The cost of living varies in the cities and towns around Guymon. Here's a quick look at the cost of living in the most populous nearby places:
Liberal, KS has a cost of living index of 85, 1.0x Guymon.
| City | Population | Cost Of Living | Vs. Guymon |
|---|---|---|---|
| Liberal, KS | 19,340 | 85 | 1.0x |
