Oklahoma City ranked No. 2 for Lowest Cost of Living among all reporting large cities over 500,000 population. The C2ER Annual Cost of Living Index for Oklahoma City in 2021 was 86.5.
Is Oklahoma an expensive state to live in?
Oklahoma has the third-lowest cost of living in the United States, behind only Kansas and Mississippi, according to MERIC’s 2021 Cost of Living Index for the third quarter of 2021.
What state has the lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
Is Oklahoma the cheapest state to live in?
The cost of living in Oklahoma is very low compared to the rest of the United States, second only to Mississippi in terms of affordability.
How expensive is it to live in Oklahoma?
An amount below 100 means Oklahoma is cheaper than the US average. A cost of living index above 100 means Oklahoma, Oklahoma is more expensive.
Oklahoma cost of living is 83.7.
| COST OF LIVING | Oklahoma | United States |
|---|---|---|
| Health | 115.8 | 100 |
| Housing | 54 | 100 |
| Median Home Cost | $146,600 | $291,700 |
| Utilities | 99.7 | 100 |
Is it cheaper to live in Texas or Oklahoma?
For cost of living, Oklahoma rated best in the nation, according to the CNBC rankings. Texas was not far behind, in ninth place. It would appear that, when both income taxes and property taxes are considered, the average Texan still comes out ahead, compared to their cousins in Oklahoma.
How much money do you need to live comfortably in Oklahoma?
According to the Massachusetts Institute of Technology’s (MIT) “Living Wage Calculator,” Oklahomans must make at least $7.98 an hour to cover basic living expenses. In Oklahoma County, a single adult must make at least $8.19 an hour to survive.
What is the best state to live in financially?
The five best states for your personal finances in 2022 are (No. 1 being best): Tennessee.
- New Jersey.
- Hawaii.
- Connecticut.
- Alaska.
- Illinois.
Where is the cheapest but nicest place to live in the US?
Coming in at the top of the C2ER list was Cedar Park, Texas, which was named the most affordable place to live in America. Set outside Austin, Cedar Park made it to the top of the list, due to its low cost of living index (7.2% below the national average) and high income levels (17.8% above the national median).
What state is most expensive to live in?
Hawaii
Hawaii. Hawaii is the most expensive state to live in the United States. With a cost of living index of 193.3, the cost of living in Hawaii is nearly twice the national average. Hawaii has the highest costs across all indexes, except healthcare.
What is the cheapest town in Oklahoma to live in?
10 most affordable places to live in Oklahoma:
- Seminole, OK.
- Holdenville, OK.
- Anadarko, OK.
- Alva, OK.
- Noble, OK.
- Henryetta, OK.
- Glenpool, OK.
- Del City, OK.
What is the average monthly cost of living in Oklahoma?
Summary about cost of living in Oklahoma City, OK, United States: Family of four estimated monthly costs are 3,167$ without rent. A single person estimated monthly costs are 903$ without rent. Oklahoma City is 34.56% less expensive than New York (without rent).
Is Oklahoma a good place to live?
If you’re considering a move to Oklahoma City, it can be a great place to live, work and play for many reasons. It’s surrounded by beauty, is affordable, is a safe community, and is easy to navigate whether you’re working, shopping, or dining.
Are Californians moving to Oklahoma?
One of the top states is Oklahoma. The state landed at number 25 on the list. According to the website, about 7,408 Californians relocated to Oklahoma in 2019.
What is the average salary in Oklahoma?
As of Jul 31, 2022, the average annual pay for the Average jobs category in Oklahoma is $62,639 a year. Just in case you need a simple salary calculator, that works out to be approximately $30.11 an hour. This is the equivalent of $1,205/week or $5,220/month.
What should I know before moving to Oklahoma?
Moving/Relocating To Oklahoma: 8 Things To Know + FAQs
- A Very Low Cost Of Living In Oklahoma.
- Oklahoma Holds A Lot Of Opportunities For Budding Entrepreneurs.
- The Ease Of Getting Around In Oklahoma City.
- There is Huge Job Stability In Oklahoma.
- You Don’t Have To Rush Or Wait In Crowds.
What are the cons of living in Oklahoma?
Know that the state might not be for you. Some of the drawbacks include limited outdoor recreational opportunities, a lack of big city living, and high state and local taxes. Furthermore, if summer heat and spring tornados aren’t your things. Then you may want to think twice before moving to Oklahoma.
Why should I move to Oklahoma?
In addition to the living options, low cost of living and friendly population, Oklahoma is a mecca for working professionals. From the outside looking in, people might think jobs in Oklahoma only exist in the oil and gas or agricultural industries—but there’s so much more to our workforce than that.
Are taxes higher in Oklahoma or Texas?
The highest combined local-state sales tax is 9.5 percent in Oklahoma. Oklahoma has no sales tax levy on services. Texas: 6.25 percent of vehicle sales price, less any trade-in.
What is the average electric bill in Oklahoma?
The study found Oklahoma’s average total energy cost per month was $331. The average monthly Oklahoma electric bill was $119, ranking 19th most expensive in the nation.
What is the #1 best state to live in?
Best States 2021
- #1. Washington.
- #2. Minnesota.
- #3. Utah.
- #4. New Hampshire.
- #5. Idaho.