What is the cost of living in Oak Point, TX?
According to the most recent data on the cost of living, Oak Point has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Texas, Oak Point has a cost of living index that's 1.3x higher than Texas's index of 93.
The standard of living in Oak Point ranks as #377 most affordable out of the 419 places we measured in Texas. By definition, that implies Oak Point ranks as the #42 most expensive place in the Lone Star State.
For more reading on life in Oak Point, check out:
Oak Point Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Oak Point. Here is how it fares on each of the criteria:
The Services index in Oak Point is 101.
The Groceries index in Oak Point is 97.
The Health index in Oak Point is 182.
The Housing index in Oak Point is 102.
The Transportation index in Oak Point is 101.
The Utilities index in Oak Point is 98.
| Living Expense | Oak Point | Texas | National Average |
|---|---|---|---|
| Overall | 123 | 93 | 100 |
| Services | 101 | 100 | 100 |
| Groceries | 97 | 99 | 100 |
| Health | 182 | 81 | 100 |
| Housing | 102 | 97 | 100 |
| Transportation | 101 | 103 | 100 |
| Utilities | 98 | 100 | 100 |
Oak Point Cost Of Living Compared To Texas Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Texas, check out:
Protect your home budget Compare home warranties in Oak Point Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Oak Point, TX Housing Cost Breakdown
Housing swings affordability the most between places in Texas, 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 Oak Point is $419,834.
The Median Rent in Oak Point is $2,227.
The Median Income in Oak Point is $126,290.
The Home Value To Income in Oak Point is 3.3x.
The Rent To Monthly Income in Oak Point is 0.21x.
Oak Point, TX Costs By Category
Detailed Oak Point Services costs vs. Texas
Detailed Oak Point Groceries costs vs. Texas
Detailed Oak Point Health costs vs. Texas
Detailed Oak Point Transportation costs vs. Texas
Oak Point SnackAbility
Cost Of Living In Cities Around Oak Point
The cost of living varies in the cities and towns around Oak Point. Here's a quick look at the cost of living in the most populous nearby places:
Plano, TX has a cost of living index of 120, 1.0x Oak Point.
Frisco, TX has a cost of living index of 133, 1.1x Oak Point.
McKinney, TX has a cost of living index of 122, 1.0x Oak Point.
| City | Population | Cost Of Living | Vs. Oak Point |
|---|---|---|---|
| Plano, TX | 290,594 | 120 | 1.0x |
| Frisco, TX | 219,304 | 133 | 1.1x |
| McKinney, TX | 210,600 | 122 | 1.0x |
| Carrollton, TX | 133,740 | 113 | 0.9x |
| Allen, TX | 110,265 | 120 | 1.0x |
| Flower Mound, TX | 78,389 | 128 | 1.0x |
| Lakewood, WA | 62,937 | 124 | 1.0x |
| Little Elm, TX | 54,820 | 118 | 1.0x |
| The Colony, TX | 45,454 | 111 | 0.9x |
| Coppell, TX | 42,154 | 132 | 1.1x |
