What Is The Cost Of Living In Oklahoma 2022?

Comparison Highlights

Cost of Living Indexes Oklahoma City, OK Difference
Overall Index: Homeowner, No Child care, Taxes Not Considered 84.4 2.4% less
Food & Groceries 94.7 0.2% more
Housing (Homeowner) 56.2 8.7% less
Median Home Cost $165,200 $14,700 (8.9% less)

What is the cost of living increase for 2022 in Oklahoma?

Did the Cost of Living in Oklahoma City, OK increase in 2022? Oklahoma City, OK area prices were up 1.2% from a year ago.
Cost of Living Oklahoma City, OK by Expense Category.

Category Compared to national average
Food -11.3%
Healthcare -21.1%
Housing -19.0%
Transportation -13.5%

What is the average cost of living in Oklahoma?

Average Cost of Living in Oklahoma: $34,533 per year.

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 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).

Where is the cheapest state to live?

Mississippi
Mississippi is the cheapest state to live in in the United States. Overall, costs in the state are 17% lower than the national average. Housing costs in Mississippi are the lowest in the nation.

Which 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.

See also  What Qualifies As A Farm In Oklahoma?

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 is a gallon of milk in Oklahoma?

$2.59
For many milk is a grocery staple. However, depending upon where you live, the cost can fluctuate dramatically. According to the USDA, the average gallon of whole milk is $3.59 a gallon.
Average Price Of Milk In Every State.

State Cost
Ohio $1.48
Oklahoma $2.59
Oregon $2.47
Pennsylvania $3.40

Is Oklahoma a cheap place to live?

Oklahoma. The fourth cheapest state to live in is Oklahoma. Not only is Oklahoma exceptionally affordable (i.e. super low home prices), but it’s also a great place to live. The state’s healthy economy, the abundance of job opportunities and friendly residents are more reasons to move to Oklahoma.

What is a good hourly wage in Oklahoma?

$12.77 is the 25th percentile. Wages below this are outliers. $35.93 is the 90th percentile. Wages above this are outliers.
What are Top 10 Highest Paying Cities for Hourly Rate Jobs in Oklahoma.

City Midwest City
Annual Salary $45,634
Monthly Pay $3,803
Weekly Pay $878
Hourly Wage $21.94

How much is average income in Oklahoma?

Table

Population
Mean travel time to work (minutes), workers age 16 years+, 2016-2020 22.0
Income & Poverty
Median household income (in 2020 dollars), 2016-2020 $53,840
Per capita income in past 12 months (in 2020 dollars), 2016-2020 $29,873
See also  What Does Chick Fil A Pay In Oklahoma?

How can I live on 30k a year?

How to Live Surprisingly Well on Just $30,000 a Year

  1. Know what you can afford to spend.
  2. Take advantage of meal prepping.
  3. Be open to different forms of transport.
  4. Financial assistance is available.
  5. It’s possible to find an affordable phone plan.
  6. You can find some great deals thrift shopping.

How much is the minimum wage in Oklahoma?

$7.25 per hour
Oklahoma adheres to the federal minimum wage, which Congress set at $7.25 per hour back in 2009 and has not altered since then. This year will mark 12 years since the last increase in the federal minimum wage – the longest period without an increase since the federal minimum was enacted in 1938.

How much does it cost to live in an apartment in Oklahoma?

In 2020, Oklahoma City made the list of the top 25 cities with the lowest cost of living. Coming in at No. 25, the average rent in Oklahoma City is $872 per month. Overall, housing costs in Oklahoma City are 24 percent lower than the national average, an increase of 6.2 percent in the past year.

Where can I live for $500 a month in USA?

Without further ado – and in no particular order – here’s what $500 per month can get you in ten affordable U.S. cities:

  • Greenville, OH. Listing: Wayne Crossing.
  • Wichita, KS. Listing: Eagle Creek.
  • Lawton, OK. Listing: Sheridan Square Apartments.
  • Amarillo, TX.
  • Indianapolis, IN.
  • Searcy, AR.
  • Shreveport, LA.
  • Jackson, MS.

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.
See also  What Is The Speed Limit On An Unmarked Road In Oklahoma?

How can I live free?

10 Ways to Live Life More Freely Every Day

  1. Care less about others’ opinion of you & more about your opinion of you.
  2. Shift your perspective from negative to positive in each situation.
  3. Be honest with yourself and with others.
  4. Adjust your attitude about possessions.
  5. Find movement and exercise daily.
  6. Laugh and smile.

Which states give you the most house for your money?

Buying a home in these 7 states gives you the most bang for your…

  1. Indiana.
  2. Mississippi.
  3. Arkansas.
  4. Ohio.
  5. West Virginia.
  6. Alabama. Alabama’s median home price of $92 per square foot translates into a 3,256-square-foot home for $300,000.
  7. Oklahoma. In Oklahoma, $300,000 will buy you a 3,175-square foot home, on average.

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 most expensive state to live in 2022?

The Most Expensive States to Live in 2022

  • Hawaii.
  • California.
  • Massachusetts.
  • New Jersey.
  • Connecticut.