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. Oklahoma City is 35.69% less expensive than New York (without rent).
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 the average person to live per month?
Average monthly expenses for one person totaled $3,189, or $38,266 annually.
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 cost of living in Oklahoma 2021?
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) |
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.
| State | Oklahoma |
|---|---|
| Avg. Total Utilities | $268 |
| Electric | $109 |
| Internet | $20 |
| Nat. Gas | $71 |
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 cost of living for one person?
The Average Monthly Expenses of an American Is: $5,102
One consumer unit spends an average of $5,102 every month in 2018. That implies that the average budget for an American is $61,224 and is a 1.9% increase from the previous year.
How can I live on $1000 a month?
How to live on $1,000 a month: Decrease your expenses and increase your income
- Look for areas to decrease your spending as much as possible.
- Focus on smaller areas if you can’t make major life changes.
- Find side hustles that you can commit to for 5-10 hours per week.
How much is low income for a single person?
By government standards, “low-income” earners are men and women whose household income is less than double the Federal Poverty Level (FPL). For a single person household, the 2019 FPL was $12,490 a year. That means that a single person making less than $25,000 a year would be considered low income.
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 living in Oklahoma expensive?
An amount below 100 means Oklahoma is cheaper than the US average. A cost of living index above 100 means Oklahoma, Oklahoma is more expensive.
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 |
Is living in Oklahoma cheap?
USA Today ranked Oklahoma as the fourth most affordable state in the US to live.In addition to this, the average rent in Oklahoma is much cheaper than the rest of the United States too.
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.
Why is Oklahoma so cheap?
Matt Frankel, CFP and mortgage analyst for The Motley Fool, said the reason Oklahoma housing is cheap is due to a combination of factors, including a large amount of developable, flat land. “The real estate market is supply and demand, so that takes care of the supply.
What 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.
How much is gas a month?
The average monthly gas bill in the US is $63.34, though natural gas costs more in some states than others. Natural gas is used to warm your house, to keep the hot water running, and, in many instances, to cook.
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.
What is the average electric bill for one person?
$1,292 / year
Australian Average
| State | Average Electricity Bill |
|---|---|
| Victoria | $1,132 / year |
| New South Wales | $1,292 / year |
| South-East Queensland | $1,334 / year |
| Tasmania | $1,673 / year |
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 is the highest paying job in Oklahoma?
Owner/operator
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 |
