Oklahoma City, OK Cost Of Living
Cost Of Living In Oklahoma City, OK Summary
Cost of living in Oklahoma City 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 Oklahoma City 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 Oklahoma City is 92, with 100 being the average.
The cost of living index in Oklahoma City is 0.9x lower than the national average.
Oklahoma City ranks as the #55 cheapest in Oklahoma out of 75.
Oklahoma City ranks as the #1,501 cheapest out of 6,489 in the US.
The median home value in Oklahoma City is $203,240.
The median income in Oklahoma City is $66,702.
Table Of Contents
Oklahoma City's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Oklahoma City, OK?
According to the most recent data on the cost of living, Oklahoma City has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Oklahoma, Oklahoma City has a cost of living index that's 1.1x higher than Oklahoma's index of 87.
The standard of living in Oklahoma City ranks as #55 most affordable out of the 75 places we measured in Oklahoma. By definition, that implies Oklahoma City ranks as the #20 most expensive place in the Sooner State.
For more reading on life in Oklahoma City, check out:
In Oklahoma
In America
Oklahoma City Cost Of Living Vs. Oklahoma
Six factors go into calculating the cost of living index in Oklahoma City. Here is how it fairs on each of the criteria:
The Services index in Oklahoma City is 85.
The Groceries index in Oklahoma City is 94.
The Health index in Oklahoma City is 106.
The Housing index in Oklahoma City is 88.
The Transportation index in Oklahoma City is 97.
The Utilities index in Oklahoma City is 99.
| Living Expense | Oklahoma City | Oklahoma | National Average | |
|---|---|---|---|---|
| Overall | 92 | 87 | 100 | |
| Services | 85 | 90 | 100 | |
| Groceries | 94 | 96 | 100 | |
| Health | 106 | 94 | 100 | |
| Housing | 88 | 70 | 100 | |
| Transportation | 97 | 93 | 100 | |
| Utilities | 99 | 98 | 100 | |
Oklahoma City, 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 2019-2023. The key points are:
The Median Home Value in Oklahoma City is $203,240.
The Median Rent in Oklahoma City is $1,083.
The Median Income in Oklahoma City is $66,702.
The Home Value To Income in Oklahoma City is 3.0x.
The Rent To Monthly Income in Oklahoma City is 0.19x.
| Statistic | Oklahoma City | Oklahoma | United States |
|---|---|---|---|
| Median Home Value | $203,240 | $216,291 | $303,400 |
| Median Rent | $1,083 | $980 | $1,348 |
| Median Income | $66,702 | $63,603 | $78,538 |
| Home Value To Income | 3.0x | 3.4x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Oklahoma City, OK Costs By Category
Detailed Oklahoma City Services Costs Vs. Oklahoma
| Item | Oklahoma City | Oklahoma |
|---|---|---|
| Shampoo | $1.3 | $1.28 |
| Movie | $9.91 | $12.13 |
| Bowling | $11.09 | $18 |
| Haircut | $21.23 | $24.26 |
| Beauty Salon | $25.86 | $45.56 |
Detailed Oklahoma City Groceries Costs Vs. Oklahoma
| Item | Oklahoma City | Oklahoma |
|---|---|---|
| Ground Beef | $5.98 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.59 | $4.67 |
| Potatoes | $4.94 | $4.93 |
| Pizza | $12.95 | $12.09 |
| Beer | $10.2 | $10.41 |
| Toothpaste | $3.53 | $3.7 |
Detailed Oklahoma City Health Costs Vs. Oklahoma
| Item | Oklahoma City | Oklahoma |
|---|---|---|
| Optometrist | $97.18 | $125.68 |
| Doctor | $94.89 | $135.78 |
| Dentist | $112.76 | $113.29 |
Detailed Oklahoma City Transportation Costs Vs. Oklahoma
| Item | Oklahoma City | Oklahoma |
|---|---|---|
| Gasoline | $3.16 | $3.46 |
| Tire Balancing | $45.14 | $59.92 |
Detailed Oklahoma City Utilities Costs Vs. Oklahoma
| Item | Oklahoma City | Oklahoma |
|---|---|---|
| All Electricity | $192.91 | $193.99 |
| Phone | $194.09 | $192.25 |
Oklahoma City SnackAbility
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