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Metro cost profile · 2024 BEA RPP

Oklahoma City, OK

Cost-of-living indicators for Oklahoma City, OK, from Bureau of Economic Analysis Regional Price Parities, overall, goods, services, and rents vs the U.S. average of 100.

90.4
Overall RPP
#281
of 387 metros
73.9
Rents RPP
$111K
$100K national buys

Oklahoma City ranks #281 of 387 U.S. metros by cost, and its overall price index has fallen 2.4 points since 2008.

  • falling since 2008
  • similar cost to Abilene

The verdict

Oklahoma City costs less than 73% of U.S. metros, an overall index of 90.4, 9.6% below the national average, with rents the biggest swing at 73.9.

bottom 27%
by overall cost, nationwide
93.8
goods RPP, tradable items
74.1
services RPP, labor-priced

A $100,000 national salary carries the purchasing power of about $110,610 here; matching a $100K lifestyle takes roughly $90,408.

Latest BEA release change

What changed from 2023 to 2024

Oklahoma City's overall RPP fell -1.0 points, from 91.4 in 2023 to 90.4 in 2024. The largest category movement was services, changing from 80.4 to 74.1. This is a relative change against the national benchmark, not a household's dollar bill.

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 2.4 points over this period. The largest single-year move was in 2010, when the index jumped 2.4 points from the year before, a bigger swing than the full 2008-2024 change.

Oklahoma City overall RPP, 2008-2024

Every year on record, national average = 100

Down 2.4 pts
8890929496 20082024 92.8 90.4 ▼ -2.6%
Year Overall
2008 92.8
2009 91.7
2010 94.1
2011 94.2
2012 94.8
2013 94.7
2014 95.1
2015 94.3
2016 94.8
2017 94.4
2018 92.1
2019 91.9
2020 92.7
2021 92.4
2022 91.4
2023 91.4
2024 90.4

Housing-led affordability profile

How Oklahoma City's cost structure works

Housing is the strongest affordability offset in Oklahoma City: rents index at 73.9, the component furthest below the national benchmark. That does not make every local expense low, but it is the clearest explanation for the metro's overall RPP of 90.4.

Across all reported metros, the closest component-profile matches are Baton Rouge, LA, Clarksville, TN-KY, Fayetteville-Springdale-Rogers, AR. They resemble Oklahoma City across goods, services, and rents together, so they are stronger structure peers than a place selected only because its overall RPP happens to be nearby.

Across 2008-2024, Oklahoma City's overall index has fallen by 2.4 points. This is a relative price-level history, not a prediction or a personal affordability recommendation; pair it with current local wages and housing options before making a decision.

Oklahoma City vs every U.S. metro

Where this metro sits in the national cost distribution

90 Bottom 27% higher than 27% of 387 US metros

80–84: 3 US metros (1%). Below this entry. 84–88: 48 US metros (12%). Below this entry. 88–92: 94 US metros (24%). This entry sits in this band. 92–96: 97 US metros (25%). Above this entry. 96–100: 55 US metros (14%). Above this entry. 100–104: 54 US metros (14%). Above this entry. 104–108: 17 US metros (4%). Above this entry. 108–112: 14 US metros (4%). Above this entry. 112–116: 5 US metros (1%). Above this entry. 116–120: 0 US metros (0%). Above this entry. This metro 80 120 every US metro, bucketed by value

Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024

Oklahoma City cost breakdown

BEA RPP by category, 100 = national average

RPP

What this shows Oklahoma City's cost structure is housing-led: rents at 73.9 depart furthest from 100, while services sits at 74.1. This is a rent-sensitive profile, not a claim that every local expense moves together.

Source U.S. Bureau of Economic Analysis, Regional Price Parities As of 2024

Goods vs. housing, where Oklahoma City's cost comes from

Metros near Oklahoma City's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.

Crosshairs sit at the group median (goods 93.8, rents 66.7). Oklahoma City is more housing-led than its peers, its rents run higher than its goods. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024. 2×2 strategic matrix plotting 7 entities by Goods RPP (tradable items) → (X) and Rents RPP (housing) → (Y), with a crosshair dividing the plot into four quadrants. Pricier on bothMore housing-ledMore goods-ledCheaper on both 9394959697 60657075 Goods RPP (tradable items) → Rents RPP (housing) → Oklahoma CityAbileneSpringfieldElkhartBattle CreekElizabethtownLawrence
Crosshairs sit at the group median (goods 93.8, rents 66.7). Oklahoma City is more housing-led than its peers, its rents run higher than its goods. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024.
Read the chart as text
  • Oklahoma City (Oklahoma City, this metro): goods RPP 93.8, rents RPP 73.9
  • Abilene: goods RPP 93.8, rents RPP 73.8
  • Springfield: goods RPP 93.6, rents RPP 61.7
  • Elkhart: goods RPP 94.3, rents RPP 64.3
  • Battle Creek: goods RPP 93.7, rents RPP 61
  • Elizabethtown: goods RPP 96.2, rents RPP 66.7
  • Lawrence: goods RPP 94, rents RPP 71.6

Price Index Summary

Overall

90.4

Below avg

Goods

93.8

Below avg

Services

74.1

Cheap

Rents

73.9

Cheap

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$90,408

in Oklahoma City, OK purchasing power

$50,000 nationally
$45,204
$75,000 nationally
$67,806
$125,000 nationally
$113,010
$150,000 nationally
$135,612
$200,000 nationally
$180,816

Use the salary calculator for custom amounts.

Affordability score

C
60/100

How far the median local paycheck goes here, combining income and housing cost

Purchasing power
Not reported
Housing affordability C
60th percentile

A weighted composite (60% purchasing power, 40% housing affordability) percentile-ranked against every other tracked metro; a missing input redistributes its weight rather than deflating the score. Sources: Census ACS 5-Year 2023 (income) + BEA Regional Price Parities 2024 (cost). Vintages differ by design; see methodology.

OK-relative analysis

Goods prices places Oklahoma City, OK near the bottom of OK's metros

Among the 4 OK metros PlainCost tracks with reported goods prices data, Oklahoma City, OK ranks #1 - the 0th percentile within the state. This is a different, narrower cut than the nationwide rank above: it compares Oklahoma City, OK only against its own state's metros, not the full US field.

Goods prices
#1 of 4
0th percentile in OK
Services prices
#2 of 4
50th percentile in OK
Rent prices
#1 of 4
75th percentile in OK

Ranked by raw value (highest first); a higher rank is not automatically "more expensive is worse", see the national comparison above for direction context. This is a comparison within OK only, not a livability score.

Nationwide metros with similar overall cost or rent prices

Two BEA RPP-derived peer sets for Oklahoma City, OK: nearest metros by overall regional price parity and by rents RPP. These are cross-state neighborhoods, not the in-state metro list below.

Decision peers

Metros with a similar cost mix

These metros are closest to Oklahoma City's combined goods, services, and rents profile. They may not have the same overall RPP, but their price pressures are shaped in a similar way.

Metros with Similar Cost of Living

These metros have an overall RPP closest to Oklahoma City, OK's index of 90.4.

Showing the 6 closest of 387 metro areas tracked nationally.

Shareable PlainCost cost snapshot for Oklahoma City cost of living snapshot

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Cost of living guides →, cheapest and most-expensive metro rankings, salary negotiation with RPP data, and step-by-step comparison walkthroughs.

What this means for Oklahoma City

How to read Oklahoma City's cost of living before a move, a job offer, or a budget.

  • Budget to local prices, not headline pay, a $100K national salary spends like about $110,610 in Oklahoma City. Salary calculator
  • Start with rents: it indexes at 73.9, the largest departure from the national benchmark in this metro's BEA cost mix. Compare it with the other components before treating the overall RPP as a complete household budget.
  • Compare Oklahoma City head-to-head against a specific destination before you decide. Compare metros

RPP is BEA's annual price-level benchmark for the data year shown, not a live market quote. Pair it with current local wages and housing costs before deciding.

Frequently Asked Questions

What is the cost of living in Oklahoma City, OK?

Oklahoma City, OK has a Regional Price Parity (RPP) index of 90.4, meaning it is 9.6% less expensive than the national average. Goods are indexed at 93.8, services at 74.1, and rents at 73.9. It ranks #281 out of 387 U.S. metro areas by overall cost.

What salary do I need in Oklahoma City, OK to match $100K nationally?

To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $90,408 in Oklahoma City, OK. Conversely, $100K earned in Oklahoma City, OK has the purchasing power of $110,610 at the national average.

How expensive is rent in Oklahoma City, OK?

Rents in Oklahoma City, OK are indexed at 73.9, which is 26.1% below the national average. This makes the area relatively affordable for renters.

Is Oklahoma City, OK getting more expensive?

From 2008 to 2024, Oklahoma City, OK's overall cost index changed by -2.4 points (from 92.8 to 90.4). The cost of living has been declining.

What costs the most in Oklahoma City, OK?

The priciest category in Oklahoma City, OK is goods at 93.8, 6.2% below the national average, still the highest of the three categories. The most affordable category is rents at 73.9, 26.1% below average.

What metros have a similar cost of living to Oklahoma City, OK?

Metros with the most similar overall cost index include Abilene, Springfield, Elkhart-Goshen. These areas have RPP values within a few points of Oklahoma City, OK's 90.4.

Data sourced from official public datasets, Regional Price Parities by Metropolitan Statistical Area (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.