Cost of Living in Oklahoma City, OK

Key Statistics

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Living in Oklahoma City, OK — 2026 Cost of Living Guide

Oklahoma City is one of the most affordable major cities in the United States, with an overall cost of living index of 80. This means living in Oklahoma City is approximately 20% less expensive than the national average.

Housing Costs in Oklahoma City

Housing costs are significantly below the national average, making it an attractive option for homebuyers and renters alike. The housing index for Oklahoma City is 68, which means housing costs are 32% below the national average. This includes both rental prices and home purchase costs in the metropolitan area.

Income and Employment

The median household income in Oklahoma City is $55,557, with a population of approximately 681,054. The median household income is moderate, providing a reasonable standard of living relative to local costs.

The job market in Oklahoma City is solid, with steady growth in several key sectors and reasonable unemployment rates.

Daily Living Expenses

Beyond housing, daily expenses in Oklahoma City are below the national average. Groceries and dining carry an index of 92, while transportation costs sit at 92. Healthcare expenses index at 90, and utilities come in at 92.

Taxes

Taxes in Oklahoma City are roughly average, with a tax index of 88.

Quality of Life

The weather in Oklahoma City is typical for its region, with distinct seasons and moderate conditions for most of the year.

Safety in Oklahoma City is comparable to other cities of similar size, with some neighborhoods being safer than others.

Is Oklahoma City a Good Place to Live?

Oklahoma City offers strong value for those looking to stretch their dollar further without sacrificing too much in terms of amenities and opportunities. With a good job market and fair weather, Oklahoma City continues to attract new residents drawn by the favorable cost of living.

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