Zip 74016 (Chelsea, OK) Cost of Living


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How much do I need to live in Chelsea, Oklahoma?
$2,640 / month
for a family, 51.1% less expensive than the national average A total of $31,680 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Chelsea cost of living score
90.1
Less expensive
9.9% lower
than the US average
9.6% higher
than the Oklahoma average
Chelsea (zip 74016), Oklahoma gets a BestPlaces Cost of Living score of 90.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.9% lower than the U.S. average and 9.6% lower than the average for Oklahoma.

Zip 74016 (Chelsea, OK)

Housing costs in Chelsea?
A typical home costs $165,300, which is 51.1% less expensive than the national average of $338,100 and 5.3% less expensive than the average Oklahoma home, at $174,600. Renting a two-bedroom unit in Chelsea costs $830 per month, which is 10.8% cheaper than the national average of $930 and 18.1% cheaper than the state average of $980.

Can I afford Chelsea?
To live comfortably in Chelsea (zip 74016), Oklahoma, a minimum annual income of $31,680 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Chelsea?
The cost of living in Chelsea, OK (zip code 74016) is relatively low compared to other areas of the United States. The area has a median home value of $103,500,which is much lower than the national average. Additionally, housing costs in this area make up only about 22% of the median income. The overall cost of living in Chelsea is about 3% lower than the national average making it an affordable place to live. There are plenty of amenities nearby and a variety of restaurants and stores for all budgets. All in all, Chelsea makes an excellent choice for those looking for a relatively low-cost place to settle down in Oklahoma.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesChelseaOklahomaUnited States
    Unlock82.2100.0
  92.2  Unlock100.0
    Unlock113.8100.0
  49.9  Unlock100.0
    Unlock$174,600$338,100
  98.0  Unlock100.0
    Unlock89.2100.0
  100.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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