Oklahoma has a cost of living index of 87.9 and offers the fourth cheapest cost of living in the United States. Housing prices in Oklahoma are the fifth lowest in the country, 25% cheaper than the national average.
What is the cheapest US state to live in?
Mississippi
1. Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average.
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.
Is Oklahoma cheaper than Texas?
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.
What state has the cheapest stuff?
Here are the 10 cheapest states, along with average prices for some items in the most expensive metro areas.
- Wyoming. Wyoming, Shell, The Hideout Guest Ranch, cow-boy, Tom.
- Indiana. Indianapolis Motor Speedway in Indianapolis, Indiana.
- Kansas.
- (tie) Tennessee.
- (tie) Alabama.
- Michigan.
- Missouri.
- Arkansas.
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.
Which state is most expensive to live in?
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.
Why is Oklahoma City so cheap?
What makes Oklahoma City so affordable? The short answer is housing. According to 2018 data from Kiplinger, Oklahoma City has one of the most affordable median home prices compared to other U.S. cities. Oklahoma City’s median house price was $148,000 in 2018, compared to the national median of $240,000.
Is living in Oklahoma cheap?
If you’re looking for cheap places to live in the United States or cheap vacations, Oklahoma should definitely be on your radar. 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.
Is Oklahoma a good state to move to?
Oklahoma ranks as United Van Lines’ ninth most popular destination for relocating. The Sooner State carries a variety of benefits, such as low cost of living and many friendly cities. If you are considering relocation this year, Oklahoma may be the best choice for you. America’s economy is still sluggish in places.
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.
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.
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.
What is the 2nd cheapest state to live in?
Kansas offers the second-cheapest cost of living in the nation. Housing costs in Kansas are 28% lower than the national average, the third-lowest in the country. The average single-family home in Kansas costs $176,898. Rents for a two-bedroom apartment average $862 a month.
What is the cheapest state for food?
The most notable exception is New Hampshire, which, despite being an East Coast state, actually has the lowest food costs in the nation.
What U.S. city has the lowest cost of living?
Wichita Falls, Texas, was named the city with the lowest cost of living. Visit Business Insider’s homepage for more stories.
What state is the happiest?
According to a study by Amerisleep, the happiest state is North Dakota (#1) followed by Vermont, Nebraska, South Dakota and California. The least happy states were Kentucky (#50) followed by West Virginia, Tennessee, Nevada and Ohio (see complete list below).
Which state has the nicest people?
Based on their results, the friendliest U.S. states are listed below.
- Minnesota. The term “Minnesota nice” lives up to its name.
- Tennessee. Tennessee is full of the famous southern charm and hospitality.
- South Carolina.
- Texas.
- Wyoming.
- Indiana.
- Colorado.
- Kansas.
What is the easiest state to live in?
Mississippi
Mississippi earned the top affordability spot from the Council for Community and Economic Research. Its average housing costs are the lowest of any state, and the only states with lower transportation costs on average are Tennessee and Virginia.
What is America’s least affordable state?
Florida
It’s not all sunshine in Florida. Miami streets. Inflation is hitting the United States pretty hard, but The Sunshine State is taking a huge hit in particular, making it the least affordable state in the whole country, according to CBS.
Is Oklahoma a friendly state?
According to a study done by Travel+Leisure, OKC ranked No. 5 on its “America’s Friendliest Cities” list. According to a survey, OKC ranked as the least rude and snobby city in the U.S. 4.