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Home » United States » What is the cost of living in Oklahoma 2021?

What is the cost of living in Oklahoma 2021?

December 14, 2021 by Bridget Gibson

Comparison Highlights

Cost of Living Indexes Oklahoma City, OK Difference
Overall Index: Homeowner, No Child care, Taxes Not Considered 84.4 2.4% less
Food & Groceries 94.7 0.2% more
Housing (Homeowner) 56.2 8.7% less
Median Home Cost $165,200 $14,700 (8.9% less)

Contents

What is the average living cost 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

How much does it cost to live comfortably in Oklahoma?

According to the Massachusetts Institute of Technology’s (MIT) “Living Wage Calculator,” Oklahomans must make at least $7.98 an hour to cover basic living expenses. In Oklahoma County, a single adult must make at least $8.19 an hour to survive.

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 2,994$ without rent. A single person estimated monthly costs are 846$ without rent.

Is Oklahoma an expensive place to live?

Oklahoma is a very budget-friendly state. From raising a family to retirement, the Sooner State has affordable housing and a low cost of living.With all the amenities of Oklahoma City nearby, great schools and affordable living, Norman is a great place to consider living.

What is a good salary in Oklahoma?

Hourly Rate Salary in Oklahoma

Annual Salary Hourly Wage
Top Earners $57,607 $28
75th Percentile $44,703 $21
Average $42,307 $20
25th Percentile $26,729 $13

What is the average monthly water bill in Oklahoma?

The most expensive utility bills can be found in Alaska, with an average cost of $496 per month. New Mexico has the lowest average cost of $232 per month.
Water Prices by State 2021.

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State Oklahoma
Avg. Total Utilities $268
Electric $109
Internet $20
Nat. Gas $71

What is the average cost of utilities per month in Oklahoma?

Utilities. Oklahoma City has a utility average of 93. Practically, this means that the average monthly utility bill for an 85-meter apartment is approximately $157, which includes electricity, heating, cooling, water, and garbage collection. The Internet is an additional $68 a month.

Is it cheaper to live in Texas or Oklahoma?

Average home prices are higher in Texas than in Oklahoma. At the same time, Texas charges no sales tax on groceries, while Oklahoma does.For cost of living, Oklahoma rated best in the nation, according to the CNBC rankings.

What is the minimum wage in Oklahoma?

$7.25 per hour
What is the minimum wage in Oklahoma in 2022? At this time, the Oklahoma minimum wage is $7.25 per hour, which is the same as the federal minimum wage rate.

Is Oklahoma affordable?

USA Today ranked Oklahoma as the fourth most affordable state in the US to live. The average home price in Oklahoma is about $123,000.In addition to this, the average rent in Oklahoma is much cheaper than the rest of the United States too.

How much does it cost to live alone 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
Median Home Cost $146,600 $291,700
Utilities 99.7 100
Transportation 89.2 100
Miscellaneous 95.9 100

Which state is the cheapest state to live in?

Mississippi
1. Mississippi. The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living.

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What’s bad about Oklahoma?

The state not only has one of the highest childhood obesity rates in the United States, but also the sixth-highest adult obesity rate in the nation. An estimated 857,000 adult Oklahoma residents are obese. Oklahomans also had the most unhealthy behaviors in the U.S. in 2013.

Is Oklahoma a poor state?

Despite our state’s abundance of natural resources and a population with a remarkable work ethic, Oklahoma remains among the nation’s poorest states by many metrics.

What is the cheapest town in Oklahoma to live in?

10 most affordable places to live in Oklahoma:

  • Blackwell, OK.
  • Perry, OK.
  • Seminole, OK.
  • Holdenville, OK.
  • Anadarko, OK.
  • Alva, OK.
  • Noble, OK.
  • Henryetta, OK.

What is the most common job in Oklahoma?

Secretary and truck driver. Secretary and truck drivers. Oklahoma’s most common job hasn’t changed in more than three decades.

What’s the highest paying job in Oklahoma?

Detailed List Of Highest Paying Jobs In Oklahoma

Rank Job Title Average Salary
1 Owner/operator $167,218
2 Consultant And Sales Representative $157,192
3 Industrial Truck Driver $154,960
4 Family Practitioner $154,925

What taxes do you pay in Oklahoma?

The state sales tax rate in Oklahoma is 4.50%. Alone, that would be the 14th-lowest rate in the country. However, in addition to that rate, Oklahoma has some of the highest local sales taxes in the country, with combined city and county rates as high as 7%.

How much does it cost to get utilities on land in Oklahoma?

The cost will depend on your location
Utility costs can be anywhere from $10,000 to over $30,000 depending on your location and proximity to public utility connections. Furthermore, some cities and power companies charge more for their services.

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How much is the average gas bill in Oklahoma?

The average monthly Oklahoma electric bill was $119, ranking 19th most expensive in the nation. The average monthly natural gas bill was $30 (25th in the national ranks), the average monthly motor fuel cost was $168, a rank of sixth-most expensive in the nation.

Filed Under: United States

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About Bridget Gibson

Bridget Gibson loves to explore the world. A wanderlust spirit, Bridget has journeyed to far-off places and experienced different cultures. She is always on the lookout for her next adventure, and she loves nothing more than discovering something new about life.

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