Cost of Living in Oklahoma

What it really costs to live here: housing, food, utilities and more.

Regional Price Parity, all items
87.8
2024 · BEA Regional Price Parities
Housing price parity (rents)
62.8
2024 · BEA Regional Price Parities
Utilities price parity
73.9
2024 · BEA Regional Price Parities
Goods price parity
93.8
2024 · BEA Regional Price Parities
Medical care price index (South region)
544.6
2025 · BLS CPI-U medical care
Regular gasoline price
$4.11 per gallon
Week of 2026-10-05 · U.S. EIA weekly retail price
Cost of living index
87.0
U.S. avg = 100
Housing cost index
72

Historical data

Pick an indicator to see its long-run evolution.

Cost of living index

2010–2024
87▼ 1%

MERIC composite index, U.S. average = 100.

Cost of Living Index

Oklahoma's overall cost of living index is 87.0 (U.S. average = 100), among the lowest in the nation.

Regional Price Parity, all items
87.8
2024 · BEA Regional Price Parities
Rank
5th most affordable

Regional Price Parity, all items

2008–2024
87.8▼ 2%

BEA Regional Price Parities (SARPP line 1).

IndicatorOklahomaU.S.
Regional Price Parity, all items2024, BEA Regional Price Parities87.8100
  • •Oklahoma is consistently ranked among the 5 cheapest states to live in.

Housing Costs

Oklahoma's housing cost index is 72 (U.S. average = 100), among the lowest in the country.

Housing price parity (rents)
62.8
2024 · BEA Regional Price Parities
Median rent
$920/mo

Housing price parity (rents)

2008–2024
62.8▲ 1%

BEA Regional Price Parities, housing (SARPP line 3).

IndicatorOklahomaU.S.
Housing price parity (rents)2024, BEA Regional Price Parities62.8100

Utility Costs

Oklahoma's utilities cost index is 90, below the national average, aided by relatively cheap electricity.

Utilities price parity
73.9
2024 · BEA Regional Price Parities
Electricity price per kWh (South region)
$0.155 per kWh
2024 · BLS Average Price Data
Electricity price
10.0 ¢/kWh

Utilities price parity

2008–2024
73.9▼ 6%

BEA Regional Price Parities, utilities (SARPP line 4).

Electricity price per kWh (South region)

1979–2024
$0.155▲ 260%

BLS Average Price Data, annual average (APU030072610).

IndicatorOklahomaU.S.
Utilities price parity2024, BEA Regional Price Parities73.9100

Food Costs

Oklahoma's food and groceries index is 95, slightly below the national average.

Goods price parity
93.8
2024 · BEA Regional Price Parities

Goods price parity

2008–2024
93.8▼ 3%

BEA Regional Price Parities, goods (SARPP line 2).

Food price index (South region)

2006–2025
335.2▲ 73%

BLS CPI-U food, South region, annual average (CUUR0300SAF1).

IndicatorOklahomaU.S.
Goods price parity2024, BEA Regional Price Parities93.8100

Healthcare Costs

Oklahoma's healthcare cost index is 95, close to the national average.

Medical care price index (South region)
544.6
2025 · BLS CPI-U medical care

Medical care price index (South region)

2006–2025
544.6▲ 69%

BLS CPI-U medical care, South region, annual average (CUUR0300SAM).

Transportation Costs

Oklahoma's transportation cost index is 92, with average gas prices around $2.85 per gallon, below the national average.

Regular gasoline price
$4.11 per gallon
Week of 2026-10-05 · U.S. EIA weekly retail price

Regular gasoline price

1993–2025
$2.94▲ 183%

U.S. EIA weekly retail price, all formulations, Midwest region (PADD 2), annual average (EMM_EPMR_PTE_R20_DPG).

IndicatorOklahomaU.S.
Regular gasoline priceWeek of 2026-10-05, U.S. EIA weekly retail price$4.11 per gallon$4.35 per gallon

More figures

Utilities index
90
Food & groceries index
95
Healthcare index
95
Transportation index
92