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) | 3% lower | 30% lower |
Utilities (Monthly) | 1% higher | 5% lower |
Food | 3% lower | 8% lower |
Healthcare | 9% higher | 1% higher |
Transportation | 2% lower | 8% lower |
Goods & Services | 8% lower | 15% lower |
The cost of living in Oklahoma City, OK is 3% lower than the state average and 16% lower than the national average. Oklahoma City, OK housing is 30% cheaper than the U.S average, while utilities are about 5% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 15% less in Oklahoma City, OK than in the rest of the country, while clothing costs around 15% less .
Healthcare services such as doctor check-ups and dentistry cost 1% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 15% 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 $855, while home prices circle around $335,342.
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 $164.09 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 $2.88 in Oklahoma City, a dozen eggs go for around $2.74 and a pound of potatoes circles around $3.12.
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 $116.20, while a dentist appointment is priced $123.06 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.30 in Oklahoma City, while getting your tires balanced will run you about $57.34.
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 $18.67.
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 $9.04 a month. When it comes to personal services, a haircut usually goes for $15.85, while dry cleaning costs about $12.91.
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 $64,251.