Zip 74354 (Miami, OK) Cost of Living


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How much do I need to live in Miami, Oklahoma?
$1,680 / month
for a family, 68.9% less expensive than the national average A total of $20,160 for the year for a family.
$2,000 / month
for a single person, 58.0% less expensive than the national average A total of $24,000 for the year for a single person.

Miami cost of living score
71.1
Less expensive
28.9% lower
than the US average
13.5% lower
than the Oklahoma average
Miami (zip 74354), Oklahoma gets a BestPlaces Cost of Living score of 71.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.9% lower than the U.S. average and 13.5% higher than the average for Oklahoma.

Zip 74354 (Miami, OK)

Housing costs in Miami?
A typical home costs $105,100, which is 68.9% less expensive than the national average of $338,100 and 39.8% less expensive than the average Oklahoma home, at $174,600. Renting a two-bedroom unit in Miami costs $790 per month, which is 15.1% cheaper than the national average of $930 and close to the state average of $800.

Can I afford Miami?
To live comfortably in Miami (zip 74354), Oklahoma, a minimum annual income of $20,160 for a family, and $24,000 for a single person is recommended.

What does A.I. say about Miami?
The cost of living in 74354 Miami, OK is relatively low compared to the national average. According to BestPlaces, the cost of living is 6% lower than the U.S. average. The median home cost in the area is just below $75,000 and utility costs are around 10% lower than the national average. Additionally, food prices are slightly lower than other areas in Oklahoma, averaging around 3-4% lower for groceries and dining out. Overall, 74354 Miami offers its residents a high quality of life at an affordable price tag.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMiamiOklahomaUnited States
    Unlock82.2100.0
  91.1  Unlock100.0
    Unlock113.8100.0
  28.7  Unlock100.0
    Unlock$174,600$338,100
  99.0  Unlock100.0
    Unlock89.2100.0
  74.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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