Cost of Living in Oklahoma: Cities Where Household Expenses are Highest and Lowest in 2024
What is the cost of living in Oklahoma? doxo breaks down key insights about Oklahoma’s household expenses, with a close look into how bills differ between towns and cities across the state.
According to doxo’s The Cost of Bills Index™ (COBI), the average household in Oklahoma pays $1,786 in monthly expenses. doxoINSIGHTS compares the cost of the ten most common household bills across different regions. This includes Utilities, Cable & Phone, Mobile Phone, Auto Loans, Auto Insurance, Life Insurance, Health Insurance, Alarm & Security, Rent, and Mortgage.
The data sheds light on Oklahoma’s cost of living through other metrics as well. For example, the “percent of household income” data point shows what percentage of their household income residents spend on bills each month.
By leveraging these tools, residents can gain a clearer understanding of their household expenses and optimize their financial planning.
Oklahoma ranks as the 46th most expensive state in the US for household bills
According to doxo’s COBI report, Oklahoma is ranked as the 46th most expensive state in the U.S. for household bills, making it the least expensive state for these expenses.
At $21,427 per year, Oklahoma’s household expenses, on average, are 16% lower than the US average of $25,513.
Absolute dollar amounts don’t tell the full story, however. doxo’s “Percentage of Household Income” data provides a more proportional look at bill spending in a particular location. Oklahoma households spend 34% of their income on bills.
COBI helps consumers understand how much it costs to live in one area as compared to another as it relates to the most common household bills. For COBI, the number 100 represents the national average and then, states, counties and cities are assigned a number, either above or below 100, based on how they compare to the national average. The COBI for Oklahoma is 84.
- Average Bill Cost per Household: $1,786 per month
- Cost of Bills Index(COBI): 84
- doxoINSIGHTS State Rank: #46
- Percent of Household Income Used for Bills: 34%
- Compared to the National Average: 16% lower
Oklahoma Household Expenses are 16% Lower Than the National Average
The average Oklahoma household pays $1,786 per month in the 10 most common household bills. The least expensive of these are alarm and security bills.
On the lowest end of the spectrum, the average monthly payment for alarm and security bills in Oklahoma is $78, compared to the national average of $85, making it 8% lower than average.
Monthly mortgage bills are the most significant of the 10 most common bills for Oklahoma residents. The average monthly mortgage payment is $1,144, compared to the national average of $1,402, making it 18% less expensive.
Average Oklahoma Household Bill Spending
| Bill Category | Average Oklahoma Monthly Bill | National Average Monthly Bill | Oklahoma Percent +/- National Average |
| Mortgage | $1,144 | $1,402 | 18% lower |
| Rent | $951 | $1,300 | 27% lower |
| Auto Loan | $454 | $496 | 8% lower |
| Utilities | $373 | $362 | 3% lower |
| Auto Insurance | $183 | $209 | 12% lower |
| Health Insurance | $99 | $114 | 13% lower |
| Mobile Phone | $115 | $121 | 5% lower |
| Cable & Internet | $108 | $122 | 11% lower |
| Life Insurance | $65 | $87 | 25% lower |
| Alarm & Security | $78 | $85 | 8% lower |
| Total | $1,786 | $2,126 | 16% lower |
*Household Bill Pay Expense averages shown above reflect the ten most common bills paid, including housing (rent/mortgage).
Edmond has the highest cost of living in Oklahoma for household bills
Residents of Edmond pay the highest household bills in the state of Oklahoma, at an average of $2,633 per month. The Cost of Bills Index (COBI) for Edmond is 124, meaning the average cost of bills in this city is 24% higher than the national average.
In proportion to household income, monthly bills in Edmond makeup 29% of the average annual household income of $109,251.
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
| Rank | City | Average Income | Monthly Bill Expenses Per Household | Cost of Bills Index (COBI) – Standard | % +/- Than the National Average | Percent of Household Income Used for Bills |
| 1 | Edmond | $109,251 | $2,633 | 124 | 24% higher | 29% |
| 2 | Yukon | $83,891 | $2,319 | 109 | 9% higher | 33% |
| 3 | Bixby | $90,085 | $2,250 | 106 | 6% higher | 30% |
| 4 | Collinsville | $84,509 | $2,219 | 104 | 4% higher | 32% |
| 5 | Jenks | $96,750 | $2,191 | 103 | 3% higher | 27% |
| 6 | Owasso | $85,374 | $2,152 | 101 | 1% higher | 30% |
| 7 | Choctaw | $94,346 | $2,152 | 101 | 1% higher | 27% |
| 8 | Mustang | $91,142 | $2,133 | 100 | The same | 28% |
| 9 | Tuttle | $95,829 | $2,113 | 99 | 1% lower | 26% |
| 10 | Stillwater | $46,144 | $2,103 | 99 | 1% lower | 55% |
*Household Bill Pay Expense averages shown above reflect the ten most common bills paid, including housing (rent/mortgage).
Broken Bow has the lowest cost of living in Oklahoma for household bills
Out of 56 cities, Broken Bow is the most affordable place in Oklahoma, with residents paying $1,398 on average for household bills, accounting for 30% of annual income of $56,330. The Cost of Bills Index (COBI) for Broken Bow is 66, meaning the average cost of bills in this city is 34% below the national average.
Afton is the second most affordable city in Oklahoma, with residents paying $1,419 per month on average.
Also on the list of the 10 least expensive cities in Oklahoma are Kingston ($1,462), Wagoner ($1,492) and Muldrow ($1,493).
10 Most Affordable Oklahoma Cities for Household Bills
| Rank | City | Average Income | Monthly Bill Expense Per Household | Cost of Bills Index (COBI) – Standard | % +/- Than the National Average | Percent of Household Income Used for Bills |
| 47 | Okmulgee | $42,237 | $1,601 | 75 | 25% lower | 45% |
| 48 | Shawnee | $55,730 | $1,588 | 75 | 25% lower | 34% |
| 49 | Duncan | $56,934 | $1,572 | 74 | 26% lower | 33% |
| 50 | Miami | $48,242 | $1,550 | 73 | 27% lower | 39% |
| 51 | Muskogee | $49,461 | $1,503 | 71 | 29% lower | 36% |
| 52 | Muldrow | $45,012 | $1,493 | 70 | 30% lower | 40% |
| 53 | Wagoner | $54,951 | $1,492 | 70 | 30% lower | 33% |
| 54 | Kingston | $48,913 | $1,462 | 69 | 31% lower | 36% |
| 55 | Afton | $55,240 | $1,419 | 67 | 33% lower | 31% |
| 56 | Broken Bow | $56,330 | $1,398 | 66 | 34% lower | 30% |
*Household Bill Pay Expense averages shown above reflect the ten most common bills paid, including housing (rent/mortgage).
Some individuals might be considering moving from a more expensive city to a less expensive one. For those making such decisions, doxoINSIGHTS can be a valuable resource. It allows consumers to compare household expenses in Oklahoma with average bills in various cities and states nationwide.