Cost of Living in Oklahoma — Housing, Taxes & Everyday Expenses
Very affordable, low taxes, energy economy
Data: 2026-Q2 · BLS · HUD · KFFOverview
Oklahoma offers very affordable living with a relatively low income tax. Oklahoma City and Tulsa are growing metros with improving job markets.
Housing costs
Median 1BR rent in Oklahoma City is approximately $950 and Tulsa approximately $900.
Tax reality
Oklahoma has a top income tax rate of 4.75%.
Everyday expenses
At a cost of living index of 88, Oklahoma is about 12% cheaper than the national average of 100. Oklahoma's low housing costs and moderate tax rate provide strong purchasing power.
Salary reality in Oklahoma
$40-60k ~$3,320/mo take-home
$60-80k ~$4,526/mo take-home
$80-100k ~$5,619/mo take-home
FAQ
Cost of Living in Oklahoma — FAQ
Is Oklahoma affordable?
Yes. Oklahoma has a cost of living index of 88, about 12% below the national average.
What is Oklahoma's income tax rate?
Oklahoma has a top income tax rate of 4.75%.