Oklahoma's cost of living index is 90 — 10.0% below the US average of 100. Compare purchasing power and equivalent salaries across states.
CoL Index
90
US avg = 100
vs. National Avg
-10.0%
Less expensive
Median Income
$54,449
Oklahoma median household
Equiv. at US Avg
$60,499
Same purchasing power
| CoL Index | 90 | MIT/MERIC composite index (US avg = 100) |
| vs. National | 10.0% | Below average cost |
| Median Household Income | $54,449 | Oklahoma median (2023 ACS) |
| National Purchasing Power | $60,499 | Equivalent $ at US avg CoL |
| Overall Category | Low | Qualitative classification |
| Population | 3,959,353 | 2020 US Census |
With a cost of living index of 90, Oklahoma is 10% below the national average. Lower costs in Oklahoma mean your dollar goes further. A salary of $54,449 in Oklahoma provides the equivalent purchasing power of $60,499 in a state at the national average.
Housing is typically the largest driver of cost of living differences between states.Oklahoma's median home price of $200,000 is well below the national median of approximately $310,000. Other factors include state income tax (4.75% top rate in Oklahoma), sales tax (4.50% state rate), and local property tax rates (0.9%).
