Cost of Living in Oklahoma City

Oklahoma · Population: 697,125 · Updated 2026

Below Average
Cost Index
90.4
100 = US avg
Median Income
$69K
Annual household
Median Rent
$1,130/mo
2-bedroom unit
Rent Burden
20%
Income to rent ratio
Cost Category Breakdown

Indexed to national average (100)

Housing66.5
Groceries100.0
Utilities100.0
Transportation100.0
Healthcare100.0
Economic Details
Median Home Value$231K
State Income Tax4.75%
Unemployment Rate3.6%
Est. Net Income$65K/yr
Affordability Score
105
out of 100
Below national average cost
Salary Converter for Oklahoma City

See what salary you'd need in another city to match your purchasing power in Oklahoma City.

$75,000

About Oklahoma City

Oklahoma City is one of America's most underrated cities, offering very affordable housing and a diversified economy spanning energy, aerospace, and healthcare. The city has invested heavily in downtown revitalization.

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Frequently Asked Questions

Is Oklahoma City expensive?

Oklahoma City has a cost of living index of 90.4, where 100 represents the national average. This is close to the national average.

What salary do you need to live comfortably in Oklahoma City?

Based on a rent-to-income ratio of 30%, you'd need at least $45,200 to afford the median 2-bedroom apartment in Oklahoma City and maintain basic expenses.

What is the median rent in Oklahoma City?

The median 2-bedroom rent in Oklahoma City is $1,130 per month, according to HUD Fair Market Rent data.