Is Oklahoma City expensive to live in?

Oklahoma City is considered very affordable, with a cost index of 89 compared to the US average of 100. Living here costs about 11% less than the national average. The median monthly rent is $1,255, and the median household income is $66,702.

What salary do you need to live comfortably in Oklahoma City?

Using the standard 30% rent-to-income rule, you need at least $50,200/year to afford median rent in Oklahoma City. The median household income is $66,702, giving a rent-to-income ratio of 23%. Financial experts recommend keeping rent below 30% of gross income.

What is the average rent in Oklahoma City?

The median rent in Oklahoma City is $1,255 per month. Housing costs score 73 against the national average of 100, meaning housing is 27% cheaper than the US average.

How does Oklahoma City compare to the national average cost of living?

Oklahoma City's overall cost index is 89 vs the national average of 100. Breaking it down: housing (73), food & groceries (88), transportation (85), utilities (82), and healthcare (92). Oklahoma City is below average in most categories, making it a strong value destination.

Is Oklahoma City, Oklahoma a good place to live?

Oklahoma City has a population of 702,767 and a median household income of $66,702. With a cost index of 89, it offers strong affordability relative to the national average. The rent-to-income ratio is 23%, which is within healthy financial guidelines.

What are the cheapest cities near Oklahoma City?

To find the most affordable cities near Oklahoma City in Oklahoma, use the Livably city comparison tool or browse the Oklahoma state page. You can compare rent, cost index, income, and affordability side by side across all tracked cities.

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Oklahoma City

Monthly city intelligence across housing costs, tax load, and affordability signals to help you plan your next move with clearer numbers.

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Cost index: 89

Median rent: $1,255

Median income: $66,702

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About Oklahoma City

Living in Oklahoma City, Oklahoma

Oklahoma City, Oklahoma is a mid-size city with a population of approximately 702,767. The overall cost of living index sits at 89, which is below the national average of 100. This means everyday expenses — housing, groceries, transportation, and healthcare — are roughly 11% less expensive compared to the typical U.S. city.

Housing is the largest cost driver in Oklahoma City. Median rent is $1,255 per month, while the median home price is $203,329. At a median household income of $66,702, rent consumes roughly 23% of gross income, which remains manageable relative to local incomes. The housing sub-index of 73 reflects well below-average housing expenses.

Beyond housing, healthcare is the most elevated non-shelter expense in Oklahoma City with a sub-index of 92, while utilities is comparatively more affordable at 82. State-level taxes also shape the true cost of living: Oklahoma applies a 4.75% income tax rate, and property tax averages 0.82% of assessed home value. The combined sales tax rate is 8.97%. Local income tax may apply in some municipalities.

Over the past twelve months, the cost of living in Oklahoma City has remained relatively stable. Among the 4 tracked cities in Oklahoma, Oklahoma City ranks #1 from most to least affordable. Whether you're evaluating a job offer, planning a relocation, or comparing salary purchasing power, these numbers give a grounded, data-backed view of what life in Oklahoma City actually costs.

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