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) | 19% lower | 42% lower |
| Utilities (Monthly) | 4% higher | 3% lower |
| Food | 1% lower | 5% lower |
| Healthcare | 9% higher | 2% higher |
| Transportation | 4% lower | 11% lower |
| Goods & Services | 6% lower | 14% lower |
The cost of living in Oklahoma City, OK is 7% lower than the state average and 18% lower than the national average. Oklahoma City, OK housing is 42% 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 2% 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 $1,061, while home prices circle around $317,991.
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 $198.22 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 $4.57 in Oklahoma City, a dozen eggs go for around $4.11 and a pound of potatoes circles around $4.59.
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 $113.90, while a dentist appointment is priced $127.95 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.88 in Oklahoma City, while getting your tires balanced will run you about $56.93.
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 $23.28 here. Meanwhile, a pair of women's slacks will set you back around $20.89.
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 $11.31 a month. When it comes to personal services, a haircut usually goes for $18.80, while dry cleaning costs about $13.89.
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 $68,656.