Hugo, OK Cost Of Living
Cost Of Living In Hugo, OK Summary
Cost of living in Hugo 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 Hugo 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 Hugo is 78, with 100 being the average.
The cost of living index in Hugo is 0.8x lower than the national average.
Hugo ranks as the #9 cheapest in Oklahoma out of 74.
Hugo ranks as the #113 cheapest out of 6,412 in the US.
The median home value in Hugo is $73,900.
The median income in Hugo is $27,710.
Table Of Contents
Hugo's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Hugo, OK?
According to the most recent data on the cost of living, Hugo has an overall cost of living index of 78, which is 0.8x lower than the national index of 100.
Compared to Oklahoma, Hugo has a cost of living index that's 0.9x lower than Oklahoma's index of 86.
The standard of living in Hugo ranks as #9 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Hugo ranks as the #65 most expensive place in the Sooner State.
For more reading on life in Hugo, check out:
- Living In Hugo
- Hugo Crime Report
- Search Homes For Sale In Hugo, OK
In Oklahoma
In America
Hugo Cost Of Living Vs. Oklahoma
Six factors go into calculating the cost of living index in Hugo. Here is how it fairs on each of the criteria:
The Services index in Hugo is 99.
The Groceries index in Hugo is 93.
The Health index in Hugo is 91.
The Housing index in Hugo is 43.
The Transportation index in Hugo is 84.
The Utilities index in Hugo is 102.
| Living Expense | Hugo | Oklahoma | National Average | |
|---|---|---|---|---|
| Overall | 78 | 86 | 100 | |
| Services | 99 | 92 | 100 | |
| Groceries | 93 | 94 | 100 | |
| Health | 91 | 92 | 100 | |
| Housing | 43 | 70 | 100 | |
| Transportation | 84 | 90 | 100 | |
| Utilities | 102 | 97 | 100 | |
Hugo, 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 Hugo is $73,900.
The Median Rent in Hugo is $522.
The Median Income in Hugo is $27,710.
The Home Value To Income in Hugo is 2.7x.
The Rent To Monthly Income in Hugo is 0.23x.
| Statistic | Hugo | Oklahoma | United States |
|---|---|---|---|
| Median Home Value | $73,900 | $150,800 | $244,900 |
| Median Rent | $522 | $862 | $1,163 |
| Median Income | $27,710 | $56,956 | $69,021 |
| Home Value To Income | 2.7x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Hugo, OK Costs By Category
Detailed Hugo Services Costs Vs. Oklahoma
Detailed Hugo Groceries Costs Vs. Oklahoma
Detailed Hugo Health Costs Vs. Oklahoma
Detailed Hugo Transportation Costs Vs. Oklahoma
Detailed Hugo Utilities Costs Vs. Oklahoma
Hugo SnackAbility
/10
Cost Of Living In Cities Around Hugo
The cost of living varies in the cities and towns around Hugo. Here's a quick look at the cost of living in the most populous nearby places:
Paris, TX has a cost of living index of 79, 1.0x Hugo.
Bonham, TX has a cost of living index of 84, 1.1x Hugo.
Idabel, OK has a cost of living index of 80, 1.0x Hugo.
| City | Population | Cost Of Living | Vs. Hugo |
|---|---|---|---|
| Paris, TX | 24,447 | 79 | 1.0x |
| Bonham, TX | 10,295 | 84 | 1.1x |
| Idabel, OK | 6,945 | 80 | 1.0x |
