Oklahoma’s cost of living is low in two primary areas: housing and transportation. Real estate is at a surplus within Oklahoma, making it easier for families to afford larger homes for less. Further, gas prices are exceptionally low in Oklahoma, now more than ever.
Does Oklahoma have low cost of living?
The cost of living in Oklahoma is very low compared to the rest of the United States, second only to Mississippi in terms of affordability.
How much does it cost to live comfortably in Oklahoma?
Oklahoma City cost of living is 85.4
COST OF LIVING | Oklahoma City | Oklahoma |
---|---|---|
Grocery | 94.7 | 92.3 |
Health | 117.2 | 115.8 |
Housing | 56.2 | 54 |
Median Home Cost | $165,200 | $146,600 |
What is the average monthly cost of living in Oklahoma?
Summary about cost of living in Oklahoma City, OK, United States: Family of four estimated monthly costs are 3,172$ without rent. A single person estimated monthly costs are 893$ without rent. Oklahoma City is 34.66% less expensive than New York (without rent).
Is cost of living going up in Oklahoma?
Oklahoma City, OK area prices were up 1.2% from a year ago. The largest increases were found in Transportation, Food, and Housing.
Cost of Living Oklahoma City, OK by Expense Category.
Category | Compared to national average |
---|---|
Healthcare | -21.1% |
Housing | -19.0% |
Transportation | -13.5% |
Is it cheaper to live in Texas or Oklahoma?
For cost of living, Oklahoma rated best in the nation, according to the CNBC rankings. Texas was not far behind, in ninth place. It would appear that, when both income taxes and property taxes are considered, the average Texan still comes out ahead, compared to their cousins in Oklahoma.
What is the cheapest US state to live in?
Mississippi
Mississippi. Mississippi is the cheapest state to live in in the United States. Overall, costs in the state are 17% lower than the national average. Housing costs in Mississippi are the lowest in the nation.
Is Oklahoma cheaper than California?
California is 41.4% more expensive than Oklahoma.
Is Oklahoma a nice state to live in?
If you’re considering a move to Oklahoma City, it can be a great place to live, work and play for many reasons. It’s surrounded by beauty, is affordable, is a safe community, and is easy to navigate whether you’re working, shopping, or dining.
What is considered a good salary in Oklahoma?
While ZipRecruiter is seeing salaries as high as $125,354 and as low as $18,895, the majority of salaries within the Average jobs category currently range between $45,625 (25th percentile) to $68,207 (75th percentile) with top earners (90th percentile) making $82,955 annually in Oklahoma.
Is Oklahoma an expensive state?
Living in Oklahoma is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 11.6% less than they do on average nationwide. Compared with all other states, Oklahoma has the eighth lowest overall cost of living.
Where does Oklahoma rank in cost of living?
4
2021 Annual Average Cost of Living
Rank | State | Grocery |
---|---|---|
1 | Mississippi | 92.2 |
3 | Alabama | 98.2 |
4 | Oklahoma | 94.5 |
5 | Georgia | 95.9 |
How affordable is Oklahoma City?
Cost of Living in Oklahoma City, Oklahoma by Expense Category. Oklahoma City’s housing expenses are 29% lower than the national average and the utility prices are 8% lower than the national average. Transportation expenses like bus fares and gas prices are 16% lower than the national average.
Are groceries cheaper in Oklahoma?
An amount below 100 means Oklahoma is cheaper than the US average.
Oklahoma cost of living is 83.7.
COST OF LIVING | Oklahoma | United States |
---|---|---|
Overall | 83.7 | 100 |
Grocery | 92.3 | 100 |
Health | 115.8 | 100 |
Housing | 54 | 100 |
Are people nice in Oklahoma?
According to a study done by Travel+Leisure, OKC ranked No. 5 on its “America’s Friendliest Cities” list. According to a survey, OKC ranked as the least rude and snobby city in the U.S. 4.
What should I know before moving to Oklahoma?
Quick facts to know before moving to Oklahoma
- The cost of homes in Oklahoma are lower than the U.S. average.
- Costs of living in Oklahoma are lower than the national average.
- Commuting time in Oklahoma is shorter than the U.S. average.
- You’ll experience all four seasons in Oklahoma.
- Oklahoma averages 234 sunny days per year.
What is the best state to live in financially?
Overall ranking of best states for your finances
Rank | State | Score |
---|---|---|
1 | Tennessee | 4.33 |
2 | Utah | 4.45 |
3 | Idaho | 4.59 |
4 | Arkansas | 4.91 |
What is the cheapest and safest state to live in?
Here are the 10 most affordable states in the U.S.:
- Indiana. Average cost of living index: 90.57.
- Michigan. Average cost of living index: 90.40.
- Missouri. Average cost of living index: 89.75.
- Tennessee. Average cost of living index: 89.49.
- Georgia. Average cost of living index: 89.30.
- Arkansas.
- Alabama.
- Oklahoma.
Is living in Texas cheaper?
But does “bigger” mean more expensive? Well, as it turns out, the cost of living in Texas is surprisingly affordable! In fact, the average cost of living in Texas is 7% lower than the national average.
What part of Oklahoma is the cheapest to live in?
10 most affordable places to live in Oklahoma:
- Seminole, OK.
- Holdenville, OK.
- Anadarko, OK.
- Alva, OK.
- Noble, OK.
- Henryetta, OK.
- Glenpool, OK.
- Del City, OK.
Why are people from California moving to Oklahoma?
They can go to another state and buy a house for a fraction of what they have here and tuck away a lot of money and retire, work or bring their cost of living and overhead down.” The median home value in California is another motivation for people to move to Oklahoma.