Woodward, OK Cost Of Living

The latest cost of living statistics for Woodward. Includes statistics on rent, mortgages, healthcare, and other costs for Woodward compared to the state and national averages.

Cost of living in Woodward, Oklahoma

Cost of living in Woodward 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 Woodward 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:

90 Cost of living index 0.9x lower vs US
#39 Cheapest in Oklahoma (of 74)
#1,055 Cheapest in the U.S. (of 6,489)
$133,255 Median home value
$839 Median rent
$54,463 Median income
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What is the cost of living in Woodward, OK?

According to the most recent data on the cost of living, Woodward has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.

Compared to Oklahoma, Woodward has a cost of living index that's 1.0x higher than Oklahoma's index of 88.

The standard of living in Woodward ranks as #39 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Woodward ranks as the #35 most expensive place in the Sooner State.

For more reading on life in Woodward, check out:

Woodward Cost Of Living Vs. Oklahoma

Six factors go into calculating the cost of living index in Woodward. Here is how it fares on each of the criteria:

  • The Services index in Woodward is 97.

  • The Groceries index in Woodward is 97.

  • The Health index in Woodward is 73.

  • The Housing index in Woodward is 97.

  • The Transportation index in Woodward is 92.

  • The Utilities index in Woodward is 94.

Living Expense Woodward Oklahoma National Average
Overall 90 88 100
Services 97 96 100
Groceries 97 95 100
Health 73 69 100
Housing 97 98 100
Transportation 92 96 100
Utilities 94 92 100

Woodward Cost Of Living Compared To Oklahoma Averages

Services
Woodward 97
Oklahoma avg 96
Groceries
Woodward 97
Oklahoma avg 95
Health
Woodward 73
Oklahoma avg 69
Housing
Woodward 97
Oklahoma avg 98
Transportation
Woodward 92
Oklahoma avg 96
Utilities
Woodward 94
Oklahoma avg 92

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Oklahoma, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Woodward, OK Housing Cost Breakdown

$133,255Median Home Value
$839Median Rent
$54,463Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Woodward is $133,255.

  • The Median Rent in Woodward is $839.

  • The Median Income in Woodward is $54,463.

  • The Home Value To Income in Woodward is 2.4x.

  • The Rent To Monthly Income in Woodward is 0.18x.

Statistic Woodward Oklahoma United States
Median Home Value $133,255 $220,467 $332,700
Median Rent $839 $1,014 $1,413
Median Income $54,463 $65,039 $80,734
Home Value To Income 2.4x 3.4x 4.1x
Rent To Monthly Income 0.18x 0.19x 0.21x

Woodward, OK Costs By Category

Detailed Woodward Services costs vs. Oklahoma
Item Woodward Oklahoma
Shampoo $1.2 $1.28
Movie $10.21 $12.13
Bowling $15.67 $18
Haircut $22.08 $24.26
Beauty Salon $38.02 $45.56
Detailed Woodward Groceries costs vs. Oklahoma
Item Woodward Oklahoma
Ground Beef $5.9 $5.84
Fried Chicken $1.39 $1.57
Milk $4.56 $4.67
Potatoes $4.75 $4.93
Pizza $11.32 $12.09
Beer $10.02 $10.41
Toothpaste $3.65 $3.7
Detailed Woodward Health costs vs. Oklahoma
Item Woodward Oklahoma
Optometrist $115.5 $125.68
Doctor $108.78 $135.78
Dentist $105.78 $113.29
Detailed Woodward Transportation costs vs. Oklahoma
Item Woodward Oklahoma
Gasoline $3.12 $3.46
Tire Balancing $46.82 $59.92
Detailed Woodward Utilities costs vs. Oklahoma
Item Woodward Oklahoma
All Electricity $181.48 $193.99
Phone $193.37 $192.25

Woodward SnackAbility

5Overall SnackAbility
Jobs 6/10
Housing 6/10
Affordability 8/10
Diversity 8/10
Safety 5/10
Amenities 8/10
Education 6/10
Commute 8.5/10