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State cost profile · 2024 BEA RPP

Cost of Living in Oklahoma

Statewide Regional Price Parities for Oklahoma from the Bureau of Economic Analysis, overall, goods, services, and rents vs the U.S. average of 100, across 4 metro areas.

87.8
Statewide RPP
#48
of 51 states by cost
62.8
Rents RPP
4
Metro areas

Oklahoma ranks #48 of 51 states by cost, and its statewide price index has held steady since 2008.

  • stable since 2008
  • fell -0.8 points in the 2023-2024 release
  • similar cost to Iowa

The verdict

Oklahoma costs less than 94% of U.S. states, a statewide index of 87.8, 12.2% below the national average.

Rents
furthest category from 100, at 62.8
Iowa
closest statewide cost peer, 0.1 points away
Oklahoma City
highest-cost metro, 90.4
Enid
lowest-cost metro, 84.3

A $100,000 national salary carries the purchasing power of about $113,839 when earned in Oklahoma.

Rent spread across Oklahoma's metros

Rents RPP, 100 = national rent average, sorted by rents rather than overall cost

  1. 1
    Oklahoma City 73.9 Rents RPP
    Overall 90.4
  2. 2
    Tulsa 68.2 Rents RPP
    Overall 89.2
  3. 3
    Lawton 57.4 Rents RPP
    Overall 85.9
  4. 4
    Enid 51.4 Rents RPP
    Overall 84.3

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

Reading the Oklahoma Cost of Living Picture

Oklahoma sits in an affordability lane closest to Iowa, Louisiana, South Dakota. A lower statewide index does not mean every place or budget category is cheap; it means this state belongs with those peers before a household narrows to a metro. The highest category and Rents are 31.0 points apart, so the statewide average joins two materially different household experiences.

Oklahoma captures 4 metro areas in the BEA dataset, and the range across them is meaningful. Oklahoma City, OK leads on cost at 90.4, while Enid, OK * sits at the opposite end at 84.3 - a gap of 6.1 index points inside a single state. For goods the state indexes at 93.8, for services 73.9, and for rents 62.8. Rents run 25.1 points below the statewide index here, so housing is what pulls the whole figure down — a household that already owns outright captures much less of that discount than a renter does.

Over time, Oklahoma's statewide index has held steady within 1.7 points, suggesting a stable competitive position against other states. Practically, this means a $100,000 national salary delivers the purchasing power of about $113,839 of national buying power when earned inside Oklahoma, and a household relocating here would need roughly $87,843 to reproduce a $100K lifestyle. With 4 reporting metros inside the state, treat this figure as the midpoint of a range rather than a quote for any one address.

Metro areas in Oklahoma, ranked by cost

#Metro areaOverallGoodsServicesRents
1Oklahoma City90.493.874.173.9
2Tulsa89.293.873.968.2
3Lawton85.993.873.057.4
4Enid84.393.874.451.4

The Rents RPP index measures housing costs relative to the national average (100). For the federal 40th-percentile Fair Market Rent by bedroom size and county, see the HUD Fair Market Rents dataset.

87.8
Overall
Cheap
93.8
Goods
Below avg
73.9
Services
Cheap
62.8
Rents
Cheap

Oklahoma vs every U.S. state

Where this state sits in the national cost distribution

88 Bottom 6% higher than 6% of 51 US states

84–87: 2 US states (4%). Below this entry. 87–90: 7 US states (14%). This entry sits in this band. 90–93: 8 US states (16%). Above this entry. 93–96: 6 US states (12%). Above this entry. 96–99: 8 US states (16%). Above this entry. 99–102: 5 US states (10%). Above this entry. 102–105: 8 US states (16%). Above this entry. 105–108: 3 US states (6%). Above this entry. 108–111: 4 US states (8%). Above this entry. 111–114: 0 US states (0%). Above this entry. 114–117: 0 US states (0%). Above this entry. This state 84 117 every US state (incl. DC), bucketed by value

Each bar is a band; taller bars hold more US states. 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 RPP history, 2008–2024

The statewide index has changed by only 1.7 points from 2008 to 2024. The line shows every retained BEA release against the national benchmark of 100; the table preserves the component detail.

8688909294 20082024 89.5 87.8 ▼ -1.9%
Source: U.S. Bureau of Economic Analysis, Regional Price Parities · 2008–2024
Year Overall
2008 89.5
2009 88.5
2010 90.6
2011 90.9
2012 91.2
2013 91.5
2014 91.8
2015 91.4
2016 91.5
2017 90.9
2018 89.6
2019 89.3
2020 89.6
2021 89.9
2022 88.8
2023 88.7
2024 87.8

Latest BEA release change

What changed from 2023 to 2024

Oklahoma's overall RPP fell -0.8 points, from 88.7 in 2023 to 87.8 in 2024. The largest category move was services, changing from 80.2 to 73.9. RPP is a relative price index, so this reports a change against the national benchmark rather than a household's dollar bill.

What this means in Oklahoma

The statewide index is a starting point, cost varies metro to metro within Oklahoma.

  • Don't rely on the state figure alone: Oklahoma City (90.4) and Enid (84.3) sit 6 index points apart inside Oklahoma. Check your specific metro.
  • Rents index at 62.8 (37.2% below average) - the largest swing in the RPP. Review the housing line before any relocation decision. Highest rents
  • Weighing Oklahoma against another state? Convert your salary to local purchasing power first. Salary calculator

RPP is BEA's annual price-level benchmark (national average = 100) for the data year shown, pair it with local wages and current rents before deciding.

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Nationwide states with similar overall cost or rent prices

Two BEA RPP-derived peer sets for Oklahoma: nearest states by overall regional price parity and by rents RPP. These are labelled nationwide neighborhoods, distinct from the closest-RPP list above.

Source: Bureau of Economic Analysis, Regional Price Parities Index where national average = 100

Frequently Asked Questions

How much cheaper is living in Oklahoma than the U.S. average?

Oklahoma has a Regional Price Parity (RPP) index of 87.8, meaning it is 12.2% less expensive than the national average. Goods are indexed at 93.8, services at 73.9, and rents at 62.8.

What salary in Oklahoma equals $100K nationally?

To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $87,843 in Oklahoma. Conversely, $100K earned in Oklahoma has the purchasing power of $113,839 at the national average.

How much of Oklahoma's affordability is rents?

Rents in Oklahoma are indexed at 62.8, which is 37.2% below the national average. The state is relatively affordable for renters.

Which is the most expensive metro in Oklahoma?

The most expensive metro area in Oklahoma is Oklahoma City, OK with an RPP of 90.4. The most affordable is Enid, OK * at 84.3. There are 4 metro areas in Oklahoma with BEA price data.

Is Oklahoma getting more expensive?

From 2008 to 2024, Oklahoma's overall cost index changed by -1.7 points (from 89.5 to 87.8). The cost of living has remained relatively stable.

Data sourced from official public datasets, Regional Price Parities by State (2024), index where national average = 100. See our methodology for details.

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 2024. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.