Insights » Where Oklahoma’s Household Expenses are the Highest in 2022

Where Oklahoma’s Household Expenses are the Highest in 2022

How does living in the Sooner state affect your wallet? doxo breaks down key insights about Oklahoma’s household expenses, with a close eye to how bills differ in towns and cities across the state. The average household in Oklahoma, doxo’s data reveals, pays $1,634 in bills per month.

doxo’s data also has infographics for 46 cities and towns across Oklahoma, breaking down localized bill pay data figures as well. The state-wide rankings for most and least expensive cities provide insight into cost of living in Oklahoma and how it changes according to location.

The data sheds light on Oklahoma’s cost of living through other metrics, too. For example, the “percent of household income” data point shows what percentage of household income local residents spend on bills. doxo’s data also indicates how much more or less expensive specific cities are than the national and state average.

Oklahoma residents pay $1,634 in household bills a month

The average Oklahoma household pays $1,634 a month for the 10 most common household bills. This figure takes into account the 10 most common household bills, which are: Mortgage; Rent; Auto Loan; Utilities (electric, gas, water & sewer, and waste & recycling); Auto Insurance; Cable & Internet & Phone, Health Insurance (consumer paid portion); Mobile Phone; Alarm & Security; and Life Insurance.

Oklahoma residents, overall, get a good deal on their bills: the state ranks 45th out of 50 states in terms of average monthly spending. South Dakota ranks 44th, with annual monthly expenses of $1,654, and Kentucky ranks 46th, at $1,627.

Oklahoma’s household expenses, on average, are 18.4% lower than the national average of $2,003.

Absolute dollar amounts don’t tell the full story, however. The “percentage of household income” metric provides a more proportional look at bill spending in a particular location. Oklahoma households spend 37% of their income on household bills. For example, Connecticut is the 6th most expensive state and New York is the 7th most expensive, but New York residents spend 39% of their income on bills, while Connecticut residents spend only 35%. 

Annually, Oklahoma residents pay $29 billion in household bills. See more data about bill pay in Oklahoma by clicking on the infographic link below.

Data: doxoINSIGHTS’ bill pay infographic about Oklahoma

• Average Bill Cost per HH: $1,634 per month
• State Bill Pay Market Size: $29 billion
• doxoINSIGHTS State Rank: 45 out of 50
• Percent of HHI Used for Bills: 37%
• Difference from the National Average: 18.4% lower

Housing bill category drives Oklahoma’s low monthly bill expenses

The average Oklahoma household pays $1,634 in the 10 most common household bills per month. Rent and mortgage expenses drive savings, with both being considerably lower than the national average. The average mortgage payment in Oklahoma is $1,034, and average rent is $816, compared to the national average mortgage bill of $1,368 and rent bill of $1,129.

Other than housing-related expenses, auto loans are the most significant of the 10 most common bills for Alabamians. The average auto loan bill in Oklahoma is $428 a month, compared to the national average of $433.

Compared to the national average, utilities are also a notably lower expense for residents of Oklahoma. The average household in the state pays $297 a month for utilities, compared to the national average of $328.

Auto insurance is also a more affordable in Oklahoma. While US residents on average spend $196 per month on car insurance, in Oklahoma they spend just $176.

Note: Health Insurance and Life Insurance expenses do not account for payments made by employers on behalf of employees. These just include out-of-pocket expenses. Also, the state and national bill totals take into account the percentage of households that pay a bill.

Average Oklahoma Household Bill Spending

Edmond tops the list of most expensive cities for Oklahoma’s household bills

Residents of Edmond pay the highest household bills in the state of Oklahoma, at an average of $2,263 per month. Jenks comes second in the rankings, with residents paying $2,207 on average per month.

In proportion to household income, however, Edmond’s bills are costlier than ones in Jenks. While Edmond’s monthly bill basket makes up 31% of average household income there, Jenks’ bill basket accounts for just 31% of average household income in that area.

Access detailed infographics about each city or town by clicking on the hyperlinks in the “City” column in the tables below. You can also browse doxoINSIGHTS’ regional bill comparison database to see infographics about more than 4,200 cities and towns across all 50 states in the US.

10 Most Expensive Oklahoma Cities for Household Bills

*Household Bill Pay Expense averages shown above reflect the ten most common bills paid, including housing (rent/mortgage).

Seminole is the most affordable Oklahoma city for household bills

Out of 46 cities and towns, Seminole is the most affordable place in Oklahoma, with residents paying $1,359 on average for household bills. Household bills account for 38% of local income in Seminole.

Sallisaw comes in at the second most affordable town or city in Oklahoma, with residents paying $1,385 per month on average.

Also on the list of 10 least expensive cities in Oklahoma are Chickasha ($1,391 per month), Altus ($1,419 per month), and McAlester ($1,424 per month).

10 Most Affordable Oklahoma Cities for Household Bills

In the wake of the rise of remote work, some individuals may be deciding whether to move from a more expensive city to a less expensive one. doxoINSIGHTS can be a valuable resource for consumers seeking to make key decisions like this, allowing them to compare Oklahoma’s household expenses against average bills in different cities and states across the country. They can also usedoxoINSIGHTS’ regional bill comparison database to compare average costs for over 4000 towns and cities across the country.