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) | 1% lower | 27% lower |
Utilities (Monthly) | 1% lower | 4% lower |
Food | 5% lower | 10% lower |
Healthcare | 3% higher | 2% lower |
Transportation | 1% lower | 7% lower |
Goods & Services | 3% lower | 10% lower |
The cost of living in Oklahoma City, OK is 2% lower than the state average and 14% lower than the national average. Oklahoma City, OK housing is 27% cheaper than the U.S average, while utilities are about 4% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 10% less in Oklahoma City, OK than in the rest of the country, while clothing costs around 10% less .
Healthcare services such as doctor check-ups and dentistry cost 2% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 10% cheaper in Oklahoma City, OK.
Housing (Buy and Rent)
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 $960, while home prices circle around $304,816.
Utilities (Monthly)
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 $156.20 per month.
Food
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 $2.08 in Oklahoma City, a dozen eggs go for around $1.36 and a pound of potatoes circles around $2.59.
Healthcare
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 $107.65, while a dentist appointment is priced $106.28 on average.
Transportation
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.38 in Oklahoma City, while getting your tires balanced will run you about $55.82.
Goods & Services
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 $21.33 here. Meanwhile, a pair of women's slacks will set you back around $17.36.
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 $9.61 a month. When it comes to personal services, a haircut usually goes for $18.20, while dry cleaning costs about $12.63.
Income
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 $59,679.