Minco, OK Cost of Living


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Minco cost of living score
85.5
Less expensive
14.5% lower
than the US average
4.0% higher
than the Oklahoma average
Minco, Oklahoma gets a BestPlaces Cost of Living score of 85.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.5% lower than the U.S. average and 4.0% lower than the average for Oklahoma.

Minco, OK

Housing costs in Minco?
A typical home costs $129,100, which is 61.8% less expensive than the national average of $338,100 and 26.1% less expensive than the average Oklahoma home, at $174,600. Renting a two-bedroom unit in Minco costs $860 per month, which is 39.9% cheaper than the national average of $1,430 and 8.1% cheaper than the state average of $930.

Can I afford Minco?
To live comfortably in Minco, Oklahoma, a minimum annual income of $24,840 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Minco?
The cost of living in Minco, OK is relatively low compared to many other areas. The cost of housing is quite reasonable, with the median home value coming in at around $80,000. Property taxes are also quite low, with an average rate of just 0.99%. Additionally, groceries and other everyday items can be found for inexpensive prices. Gasoline is also cheaper than the national average by about 10%, making transportation costs more affordable as well. All in all, it's a great place to live if you're looking for a more budget-friendly option.
   Cost of living score
     CategoriesMincoOklahomaUnited States
  85.582.2100.0
  92.692.3100
  118.4113.8100.0
  34.950.3100.0
  $129,100$174,600$338,100
  103.4%99.7%100.0%
  110.189.2100.0
  85.683.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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