Housing costs in Oklahoma City?
A typical home costs
$169,400, which is 49.9% less expensive than the national average of
$338,100 and 3.0% less expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Oklahoma City costs
$1,020 per month, which is 9.7% more than the national average of
$930 and 2.0% more than the state average of
$1,000.
Can I afford Oklahoma City?
To live comfortably in Oklahoma City (zip 73112), Oklahoma, a minimum annual income of
$32,400 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Oklahoma City?
The cost of living in 73112 Oklahoma City, OK is slightly lower than the national average. Housing costs are generally between 10-20% below the national median, and the overall cost of living is about 7% lower. Groceries and transportation tend to be very affordable, with both costing approximately 5% less than the national average. The sales tax rate is 4.5%, which is just below the national average of 6%. While there may be some higher costs associated with utilities, medical care, and insurance, overall living expenses in this part of Oklahoma are quite reasonable.