Cost of Living in Oklahoma City, OK
| Cost of Living in Oklahoma City, OK | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 21% lower | 40% lower |
| Utilities (Monthly) | 1% higher | 3% lower |
| Food | 2% lower | 5% lower |
| Healthcare | 13% higher | 4% higher |
| Transportation | 2% higher | 9% lower |
| Goods & Services | 13% lower | 14% lower |
The cost of living in Oklahoma City, OK is 10% lower than the state average and 18% lower than the national average. Oklahoma City, OK housing is 40% cheaper than the U.S average, while utilities are about 3% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 5% cheaper in Oklahoma City, OK than in the rest of the country, while clothing costs around 14% less .
Healthcare services such as doctor check-ups and dentistry cost 4% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 14% cheaper in Oklahoma City, 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 Oklahoma City is $1,056, while home prices circle around $320,395.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Oklahoma City, energy bills cost around $194.12 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 $4.55 in Oklahoma City, a dozen eggs go for around $2.97 and a pound of potatoes circles around $4.40.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Oklahoma City, an optometry check-up costs around $99.96, while a dentist appointment is priced $124.67 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.02 in Oklahoma City, while getting your tires balanced will run you about $57.65.
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 $22.45 here. Meanwhile, a pair of women's slacks will set you back around $21.05.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Oklahoma City, you should budget around $10.57 a month. When it comes to personal services, a haircut usually goes for $19.13, while dry cleaning costs about $13.58.
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 Oklahoma City, the median household income is $66,702.