Cost of Living in Edmond, OK
| Cost of Living in Edmond, OK | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 5% higher | 20% lower |
| Utilities (Monthly) | 9% lower | 13% lower |
| Food | 1% lower | 5% lower |
| Healthcare | 3% lower | 11% lower |
| Transportation | 2% higher | 8% lower |
| Goods & Services | 5% lower | 5% lower |
The cost of living in Edmond, OK is 1% lower than the state average and 10% lower than the national average. Edmond, OK housing is 20% cheaper than the U.S average, while utilities are about 13% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 5% cheaper in Edmond, OK than in the rest of the country, while clothing costs around 5% less .
Healthcare services such as doctor check-ups and dentistry cost 11% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 5% cheaper in Edmond, OK.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Edmond is $1,199, while home prices circle around $448,285.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Edmond, energy bills cost around $163.61 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.58 in Edmond, a dozen eggs go for around $2.96 and a pound of potatoes circles around $4.35.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Edmond, an optometry check-up costs around $120.61, while a dentist appointment is priced $112.09 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.94 in Edmond, while getting your tires balanced will run you about $62.10.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $47.50 here. Meanwhile, a pair of women's slacks will set you back around $36.50.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Edmond, you should budget around $11.69 a month. When it comes to personal services, a haircut usually goes for $19.27, while dry cleaning costs about $14.24.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Edmond, the median household income is $102,032.