Oklahoma City, OK Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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 90, 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 #58 cheapest in Oklahoma out of 74.

  • Oklahoma City ranks as the #1,633 cheapest out of 6,412 in the US.

  • The median home value in Oklahoma City is $168,900.

  • The median income in Oklahoma City is $59,679.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
90
Oklahoma City's Overall Cost Of Living
0.9x
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 90, which is 0.9x lower than the national index of 100.

Compared to Oklahoma, Oklahoma City has a cost of living index that's 1.0x higher than Oklahoma's index of 86.

The standard of living in Oklahoma City ranks as #58 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Oklahoma City ranks as the #16 most expensive place in the Sooner State.

For more reading on life in Oklahoma City, check out:

58 out of 74
In Oklahoma
1,633 out of 6,412
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 94.

  • The Groceries index in Oklahoma City is 89.

  • The Health index in Oklahoma City is 99.

  • The Housing index in Oklahoma City is 80.

  • The Transportation index in Oklahoma City is 89.

  • The Utilities index in Oklahoma City is 96.

Living Expense Oklahoma City Oklahoma National Average
Overall 90 86 100
Services 94 92 100
Groceries 89 94 100
Health 99 92 100
Housing 80 70 100
Transportation 89 90 100
Utilities 96 97 100
For more reading on cost of living around Oklahoma, check out:
Oklahoma City Cost of Living Vs. OK

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 2017-2021. The key points are:

  • The Median Home Value in Oklahoma City is $168,900.

  • The Median Rent in Oklahoma City is $933.

  • The Median Income in Oklahoma City is $59,679.

  • The Home Value To Income in Oklahoma City is 2.8x.

  • The Rent To Monthly Income in Oklahoma City is 0.19x.

Statistic Oklahoma City Oklahoma United States
Median Home Value $168,900 $150,800 $244,900
Median Rent $933 $862 $1,163
Median Income $59,679 $56,956 $69,021
Home Value To Income 2.8x 2.6x 3.5x
Rent To Monthly Income 0.19x 0.18x 0.2x
Search Homes For Sale In Oklahoma City, OK
$168,900
Median Home Value
$933
Median Rent
$59,679
Median Income

Oklahoma City, OK Costs By Category

Detailed Oklahoma City Services Costs Vs. Oklahoma

Item Oklahoma City Oklahoma
Shampoo $0.97 $1.06
Movie $10.01 $10.68
Bowling $11.83 $14.67
Haircut $16.05 $18.62
Beauty Salon $40.17 $39.05

Detailed Oklahoma City Groceries Costs Vs. Oklahoma

Item Oklahoma City Oklahoma
Ground Beef $4.04 $4.22
Fried Chicken $1.34 $1.39
Milk $1.87 $2.05
Potatoes $2.52 $3.29
Pizza $10.28 $10.62
Beer $8.66 $9.38
Toothpaste $2.1 $2.34

Detailed Oklahoma City Health Costs Vs. Oklahoma

Item Oklahoma City Oklahoma
Optometrist $102.53 $108.57
Doctor $112.21 $116.17
Dentist $93.98 $99.13

Detailed Oklahoma City Transportation Costs Vs. Oklahoma

Item Oklahoma City Oklahoma
Gasoline $1.9 $2.22
Tire Balancing $48.99 $50.07

Detailed Oklahoma City Utilities Costs Vs. Oklahoma

Item Oklahoma City Oklahoma
All Electricity $150.95 $167.67
Phone $188.36 $175.64

Oklahoma City SnackAbility

4
/10
Overall SnackAbility
Jobs
7/10
Housing
7
Affordability
8
Diversity
9.5
Safety
3
Amenities
8.5
Education
8
Commute
8.5

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