Elk City Metro Area, OK Cost of Living


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United States / Oklahoma / Elk City Metro Area / Counties / Cities / Zip Codes
How much do I need to live in Elk City, Oklahoma?
$2,130 / month
for a family, 60.6% less expensive than the national average A total of $25,560 for the year for a family.
$2,200 / month
for a single person, 53.8% less expensive than the national average A total of $26,400 for the year for a single person.

Elk City cost of living score
75.1
Less expensive
24.9% lower
than the US average
8.6% lower
than the Oklahoma average
Elk City Oklah Metro Area, Oklahoma gets a BestPlaces Cost of Living score of 75.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.9% lower than the U.S. average and 8.6% higher than the average for Oklahoma.

Elk City Metro Area, OK

Housing costs in Elk City?
A typical home costs $132,800, which is 60.7% less expensive than the national average of $338,100 and 23.9% less expensive than the average Oklahoma home, at $174,600. Renting a two-bedroom unit in Elk City costs $870 per month, which is 39.2% cheaper than the national average of $1,430 and 6.9% cheaper than the state average of $930.

Can I afford Elk City?
To live comfortably in Elk City Oklah Metro Area, Oklahoma, a minimum annual income of $25,560 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Elk City?
In the Elk City, OK Metro Area, the average house value is $132,800 which is much lower than the US average of $338,100. Additionally, the cost of living in Elk City is 75.1 compared to the US average of 100. This means that it is much more affordable to live in Elk City compared to other places in the US as goods and services are generally cheaper than elsewhere. This makes Elk City a great place for people who are looking for an affordable place to live without sacrificing their quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesElk CityOklahomaUnited States
    Unlock82.2100.0
  91.1  Unlock100.0
    Unlock113.8100.0
  39.1  Unlock100.0
    Unlock$174,600$338,100
  98.8  Unlock100.0
    Unlock89.2100.0
  86.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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