Zip 73084 (Spencer, OK) Cost of Living


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How much do I need to live in Spencer, Oklahoma?
$1,800 / month
for a family, 66.7% less expensive than the national average A total of $21,600 for the year for a family.
$2,367 / month
for a single person, 50.3% less expensive than the national average A total of $28,400 for the year for a single person.

Spencer cost of living score
85.5
Less expensive
14.5% lower
than the US average
4.0% higher
than the Oklahoma average
Spencer (zip 73084), 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.

Zip 73084 (Spencer, OK)

Housing costs in Spencer?
A typical home costs $112,200, which is 66.8% less expensive than the national average of $338,100 and 35.7% less expensive than the average Oklahoma home, at $174,600. Renting a two-bedroom unit in Spencer costs $880 per month, which is 5.4% cheaper than the national average of $930 and 13.6% cheaper than the state average of $1,000.

Can I afford Spencer?
To live comfortably in Spencer (zip 73084), Oklahoma, a minimum annual income of $21,600 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Spencer?
The cost of living in 73084 Spencer, OK is quite affordable. The median home price is only $97,100, which is significantly lower than the national average of $245,300. Additionally, the median household income in Spencer is also just above the national average at $58,212. This allows many residents to enjoy a comfortable lifestyle without breaking the bank. Utilities such as electricity and water are generally inexpensive compared to other areas and food costs are generally lower than most places as well. All in all, Spencer is an affordable location with plenty of amenities for its residents.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSpencerOklahomaUnited States
    Unlock82.2100.0
  92.1  Unlock100.0
    Unlock113.8100.0
  33.8  Unlock100.0
    Unlock$174,600$338,100
  96.5  Unlock100.0
    Unlock89.2100.0
  99.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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