Cost of Living in Oklahoma City, OK
Population 697,125 · Census ACS 2020–2024 5-year estimates
The median rent in Oklahoma City, OK is $1,130/month, 11% higher than the Oklahoma median and 20% lower than the U.S. median. The median home value is $231,300, 30% lower than the national median. Households earn a median of $68,656 a year, 6% higher than the state median.
Affordability
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Oklahoma City vs. Oklahoma vs. U.S.
| Oklahoma City | Oklahoma | U.S. | |
|---|---|---|---|
| Median rent | $1,130 | $1,014 | $1,413 |
| Median home value | $231,300 | $199,800 | $332,700 |
| Median household income | $68,656 | $65,039 | $80,734 |
| Homeownership rate | 58.6% | 65.8% | 65.2% |
| Bachelor's degree or higher | 34.7% | 28.3% | 35.7% |
| Poverty rate | 15.1% | 15.3% | 12.5% |
| Unemployment rate | 4.7% | 5.0% | 5.2% |
| Work from home | 10.9% | 9.4% | 15.1% |
| Median age | 35.1 | 37.0 | 38.9 |
FAQ
What is the average rent in Oklahoma City, OK?
The median gross rent in Oklahoma City, OK is $1,130 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Oklahoma City, OK?
Using the common 30% rule, renting a median-priced home takes about $45,200 a year in gross income.
Is Oklahoma City, OK expensive to live in?
Rent there is 20% lower than the U.S. median, and the median home costs about 3.4 times the median household income.
Other cities in Oklahoma
Cities with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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