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Home » United States » Is it cheaper to live in Oklahoma?

Is it cheaper to live in Oklahoma?

December 14, 2021 by Bridget Gibson

Our cost of living indices are based on a US average of 100. 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

Contents

Is Oklahoma a cheap state to live in?

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.

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 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’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.

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What is the cheapest state to live in 2021?

Cheapest States To Live in 2021

  1. Mississippi. Cost of Living Index: 84.8 Grocery Cost Index: 93.1.
  2. Oklahoma. Cost of Living Index: 86.8 Grocery Cost Index: 94.1.
  3. Arkansas. Cost of Living Index: 87.8 Grocery Cost Index: 90.7.
  4. Kansas.
  5. Missouri.
  6. Georgia.
  7. Alabama.
  8. New Mexico.

Why are homes in 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.

Do you like living in Oklahoma City?

Find expert agents to help you buy your home. “I just love the feel of Oklahoma City,“ Breann says. “We have an amazing city, and it’s a lot bigger than most people realize.” But she says it’s more than just a growing city. “It still has a very Southern, close-knit feel.

Is Oklahoma a good place to live?

Oklahoma City residents make a nice living, and, when that’s coupled with an affordable cost of living, that can make it an ideal place to live. The study, reported by CNBC, factored in average annual income in each area, as well as average monthly living expenses, median rent prices, groceries and utility bills.

How much is a gallon of milk in Oklahoma?

Food prices

Markets Edit
Milk (regular), (1 gallon) 3.84$
Loaf of Fresh White Bread (1 lb) 2.20$
Rice (white), (1 lb) 1.59$
Eggs (regular) (12) 1.58$
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What is 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.

Are homes expensive 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
Housing 54 100
Median Home Cost $146,600 $291,700
Utilities 99.7 100
Transportation 89.2 100

What is the best small town to live in Oklahoma?

Best Small Towns in Oklahoma

  • Guthrie.
  • Broken Bow.
  • Pauls Valley.
  • Sulphur.
  • Bartlesville.
  • Claremore.
  • Eufaula.
  • Ada.

Why Oklahoma is so poor?

Poverty has been a part of Oklahoma’s landscape since before statehood. Early settlers faced enormous odds – drought, food insecurity, and nonexistent infrastructure – and possessed few material resources.

How safe is Oklahoma?

2021 Oklahoma crime rates
It trails Texas in both violent crime (4.2) and property crime (23.9). Oklahoma’s crime rates are generally higher than those of most states as well as the national average. Among all 50 states, Oklahoma has the fourteenth-highest violent crime rate and the sixth-highest property crime rate.

Does it snow in Oklahoma?

Oklahoma City, Oklahoma gets 36 inches of rain, on average, per year. The US average is 38 inches of rain per year. Oklahoma City averages 6 inches of snow per year. The US average is 28 inches of snow per year.

Where can you live for 500 a month?

5 Places to Retire for Under $500 per Month

  • Leon, Nicaragua.
  • Medellin, Colombia.
  • Las Tablas, Panama.
  • Chiang Mai, Thailand.
  • Languedoc-Roussillon, France.
  • Kathleen Peddicord is the founder of the Live and Invest Overseas publishing group.
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What is the safest and cheapest state to live in?

10 best states to live in, based on cost, safety and quality of life

  • New York. Total score: 61.63.
  • Idaho. Total score: 61.16.
  • Minnesota. Total score: 60.97.
  • Wisconsin. Total score: 60.94.
  • Utah. Total score: 59.84.
  • New Hampshire. Total score: 59.59.
  • Iowa. Total score: 59.49.
  • Pennsylvania. Total score: 59.21.

What is the cheapest state to buy a house?

  1. Mississippi. Mississippi is the cheapest state to buy a home in with a median home value of $114,500.
  2. West Virginia. West Virginia is the second-cheapest state to buy a home.
  3. Arkansas. Arkansas’s median home value is about $123,300, the third-lowest in the country.
  4. Oklahoma.
  5. Kentucky.
  6. Indiana.
  7. Alabama.
  8. Ohio.

What is a livable wage in Oklahoma?

Living Wage Calculation for Oklahoma City, OK

1 ADULT 2 ADULTS (1 WORKING)
0 Children 2 Children
Living Wage $14.11 $31.10
Poverty Wage $6.13 $12.60
Minimum Wage $7.25 $7.25

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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