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2024 BEA RPP All 4 categories Federal source

Tulsa, OK

Cost-of-living indicators for Tulsa, OK, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 46140 · Data year: 2024 · Rank: #307 of 387

Tulsa, OK has a cost of living index of 89.2, meaning it's 10.8% less expensive than the national average. Goods cost 6.2% less, services 26.1% less, and rents are 31.8% below average. A $100K national salary has the purchasing power of $112,090 here.

What the Numbers Mean for Tulsa

Tulsa ranks #307 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the bottom quartile for cost. With an overall Regional Price Parity of 89.2, Tulsa, OK is 10.8% less expensive than the national baseline of 100. The gap between Tulsa's most and least expensive categories — the priciest line item versus rents at 68.2 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $112,090 inside Tulsa, while a household needs roughly $89,214 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 68.2 — 31.8% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Tulsa's overall index has fallen by 3.6 points, improving relative affordability. For the 2024 data year, goods are indexed at 93.8 and services at 73.9, meaning everyday spending in Tulsa is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Tulsa Cost Index at a Glance

Tulsa all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10089.2

Tulsa category breakdown

BEA RPP composition by goods, services, rents, overall

Rents68.235Services73.856Goods93.778Overall89.214

Price Index Summary

Overall

89.2

-10.8 below avg

Goods

93.8

-6.2 below avg

Services

73.9

-26.1 below avg

Rents

68.2

-31.8 below avg

Price Index vs National Average (100)

Overall
National avg

Index 89.2 (-10.8 vs national avg)

Goods
National avg

Index 93.8 (-6.2 vs national avg)

Services
National avg

Index 73.9 (-26.1 vs national avg)

Rents
National avg

Index 68.2 (-31.8 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Rents -31.8% (68.2)
Services -26.1% (73.9)
Overall -10.8% (89.2)
Goods -6.2% (93.8)

Income Adequacy in Tulsa

Tulsa income adequacy score

$75,000 median income vs RPP 89.2

0/100100/100100/100

Salary Equivalent

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

$89,214

in Tulsa, OK purchasing power

$50,000 nationally
$44,607
$75,000 nationally
$66,911
$125,000 nationally
$111,517
$150,000 nationally
$133,821
$200,000 nationally
$178,428

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 3.6 points over this period.

Year Overall
2008 92.9
2009 92.0
2010 93.4
2011 93.8
2012 94.2
2013 94.4
2014 94.4
2015 94.5
2016 94.6
2017 93.8
2018 91.2
2019 91.1
2020 91.7
2021 91.7
2022 90.6
2023 89.9
2024 89.2

Related Data for Tulsa

Frequently Asked Questions

What is the cost of living in Tulsa, OK?
Tulsa, OK has a Regional Price Parity (RPP) index of 89.2, meaning it is 10.8% less expensive than the national average. Goods are indexed at 93.8, services at 73.9, and rents at 68.2. It ranks #307 out of 387 U.S. metro areas by overall cost.
What salary do I need in Tulsa, OK to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $89,214 in Tulsa, OK. Conversely, $100K earned in Tulsa, OK has the purchasing power of $112,090 at the national average.
How expensive is rent in Tulsa, OK?
Rents in Tulsa, OK are indexed at 68.2, which is 31.8% below the national average. This makes the area relatively affordable for renters.
Is Tulsa, OK getting more expensive?
From 2008 to 2024, Tulsa, OK's overall cost index changed by -3.6 points (from 92.9 to 89.2). The cost of living has been declining.
What metros have a similar cost of living to Tulsa, OK?
Metros with the most similar overall cost index include Sierra Vista-Douglas, Rapid City, Sandusky. These areas have RPP values within a few points of Tulsa, OK's 89.2.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

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.

All federal data sources used on this page