Cost of Living in Oklahoma

Updated November 2026 · population 4,028,634

Cost index (US = 100)
87.8
Much cheaper than the US average
State rank
#48 of 51
1 = most expensive · all states
Monthly budget
$2,208
single · $4,552 family of 4
Modelled, state-average prices
Median rent
$1,014
home value $199,800

Oklahoma prices are 12.2% below the US average (index 87.8), ranking 48th most expensive of 51 states and DC; housing is the biggest saving at 62.8, and a single adult's modelled budget at state-average prices is about $2,208 a month.

Prices by category

Oklahoma price index by category, US average = 100: All items 87.8, Housing (rents) 62.8, Goods 93.8, Utilities 73.9, Other services 95.5

Cheaper than US average More expensive · BEA RPP 2024, state level
AreaAll items
Oklahoma (whole state)87.8
Metropolitan areas of Oklahoma89.6
Nonmetropolitan areas of Oklahoma83.6

Cities in Oklahoma

Select a column heading to sort.

Oklahoma City 697,125 90.7 $2,317 $4,770 $1,130 $231,300
Tulsa 413,794 89.2 $2,275 $4,680 $1,052 $205,300
Norman 129,672 90.3 $2,331 $4,779 $1,090 $250,100
Broken Arrow 118,180 92.2 $2,449 $4,934 $1,320 $250,400
Edmond 96,825 93.3 $2,366 $5,001 $1,344 $351,400
Lawton 90,595 87.9 $2,096 $4,460 $967 $142,100
Moore 63,420 93.2 $2,288 $4,940 $1,340 $204,500
Midwest City 58,297 90.3 $2,227 $4,664 $1,091 $164,500
Enid 50,653 86.8 $2,108 $4,400 $914 $154,900
McAlester 18,111 86.9 $2,053 $4,397 $915 $151,600
Ada 16,575 86.7 $1,980 $4,410 $894 $169,300

Metro areas in Oklahoma

Metro areaAll itemsHousing
Oklahoma City, OK90.473.9
Tulsa, OK89.268.2
Lawton, OK85.957.4
Fort Smith, AR-OK85.953.4
Enid, OK (Metropolitan Statistical Area) *84.351.4

BEA Regional Price Parities 2024 for metropolitan statistical areas that include part of Oklahoma.

Modelled monthly budget at Oklahoma average prices

1 adult · 1-bedroom · modelled estimate for Oklahoma (state average)

CategoryPer monthPer yearShare
Housing (rent) $661 $7,932 30%
Utilities $219 $2,628 10%
Food at home $265 $3,180 12%
Transportation $569 $6,828 26%
Health care $336 $4,032 15%
Clothing, personal care & supplies $158 $1,896 7%
Total$2,208$26,496100%

2 adults · 2-bedroom · modelled estimate for Oklahoma (state average)

CategoryPer monthPer yearShare
Housing (rent) $788 $9,456 21%
Utilities $345 $4,140 9%
Food at home $488 $5,856 13%
Transportation $1,124 $13,488 31%
Health care $622 $7,464 17%
Clothing, personal care & supplies $311 $3,732 8%
Total$3,678$44,136100%

2 adults + 2 children · 3-bedroom · modelled estimate for Oklahoma (state average)

CategoryPer monthPer yearShare
Housing (rent) $959 $11,508 21%
Utilities $420 $5,040 9%
Food at home $696 $8,352 15%
Transportation $1,498 $17,976 33%
Health care $579 $6,948 13%
Clothing, personal care & supplies $400 $4,800 9%
Total$4,552$54,624100%

state figures Rents are Census ACS state medians by bedrooms. See the methodology.

Electricity and gas and inflation

Residential electricity

14.82¢/kWh, August 2026

12-month change +2.8% · US 18.16¢

Aug 2025: 14.42¢/kWh Sep 2025: 14.89¢/kWh Oct 2025: 14.52¢/kWh Nov 2025: 13.42¢/kWh Dec 2025: 12.32¢/kWh Jan 2026: 12.62¢/kWh Feb 2026: 12.89¢/kWh Mar 2026: 13.57¢/kWh Apr 2026: 13.31¢/kWh May 2026: 13.38¢/kWh Jun 2026: 14.33¢/kWh Jul 2026: 14.35¢/kWh Aug 2026: 14.82¢/kWh

Regular gasoline regional figure: Midwest (PADD 2)

$4.10/gal, week of 2026-11-02

12-month change +45.0% · US $4.15

2026-05-11: $4.405/gal 2026-05-18: $4.399/gal 2026-05-25: $4.352/gal 2026-06-01: $4.135/gal 2026-06-08: $3.945/gal 2026-06-15: $3.861/gal 2026-06-22: $3.723/gal 2026-06-29: $3.625/gal 2026-07-06: $3.531/gal 2026-07-13: $3.662/gal 2026-07-20: $3.780/gal 2026-07-27: $3.882/gal 2026-08-03: $3.929/gal 2026-08-10: $3.816/gal 2026-08-17: $3.938/gal 2026-08-24: $3.934/gal 2026-08-31: $3.847/gal 2026-09-07: $3.894/gal 2026-09-14: $4.091/gal 2026-09-21: $4.386/gal 2026-09-28: $4.291/gal 2026-10-05: $4.109/gal 2026-10-12: $4.145/gal 2026-10-19: $4.145/gal 2026-10-26: $4.269/gal 2026-11-02: $4.102/gal

Consumer prices in the South region rose +3.4% over the 12 months to September 2026 (US +3.7%; BLS CPI-U).

Price level history

Year201920202021202220232024
Oklahoma89.389.689.988.888.787.8

Change over the period: −1.5 points. Each year is measured relative to that year's US average.

Frequently asked questions

Is Oklahoma an expensive state to live in?

Oklahoma has a cost of living index of 87.8 (US = 100), 12.2% below the US average. It ranks 48th of 51 (1 = most expensive). Housing is 62.8 (rank 47), goods 93.8, utilities 73.9 and other services 95.5. Source: BEA Regional Price Parities 2024.

How much does it cost to live in Oklahoma?

At Oklahoma state-average prices, our modelled monthly budget is $2,208 for a single adult, $3,678 for a couple and $4,552 for a family of four, before taxes and child care. Costs vary widely within the state: metro areas average 89.6 and nonmetro areas 83.6.

What is the median rent and home value in Oklahoma?

The median gross rent in Oklahoma is $1,014 a month and the median home value is $199,800 (Census ACS 2020-2024). The typical renter spends 28.4% of income on rent.

Sources

Budgets are modelled estimates, not observed spending. Not financial advice. Methodology