Oklahoma Cost of Living UPDATE

Why Oklahoma Still Costs Less

New comparison data shows Oklahoma continues to deliver some of the lowest cost-of-living prices in the country — across fuel, rent, food, electricity, home values and total household expenses. For many Oklahoma families, this explains why dollars still stretch farther here than in major coastal or metro states fighting inflation pressure.

Everyday Gas Prices

At Murphy Express in Ardmore, regular unleaded is running $2.14 a gallon. That is now more than $1 a gallon cheaper than averages seen in multiple major coastal markets.

Cheaper Rent Than Most States

Rent remains dramatically lower than the national trendline. The lowest rent in the state is found in Lawton, Enid and Midwest City — with Lawton averaging only $989 per month.

Grocery Savings Across the State

Discount grocer Aldi continues to drive down average grocery spending because stores are spread across the state — in Oklahoma City, Tulsa, Shawnee, Moore, Norman, Edmond, Yukon, Midwest City, Ardmore, Stillwater, Claremore, Lawton, Enid and Chickasha. For most households, grocery inflation hits hardest — and Oklahoma scale access to discount grocers offsets national price spikes more effectively than many states can.

Lower Homeownership Bar

Home values also remain well below U.S. median prices. Lawton’s median home sits around $113,107. Enid is even lower — near $70,352.This keeps entry into homeownership within reach for more first-time buyers compared with markets where new families are priced out entirely.

Cheaper Electricity for Monthly Bills

Cushing households pay between 7 and 9 cents per kilowatt hour. That is among the lowest residential electricity ranges anywhere in the country.

Monthly Bills Add Up Lower

And when comparing full household bills — expenses are lowest today in Broken Bow, averaging $1,398 total per month.

Oklahoma remains affordable not because one category is cheaper — but because almost every major category is cheaper.

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