Study: The American Dream costs $3M in Oklahoma

Study Shows Cost of the American Dream in Oklahoma

National vs. Statewide Costs

A new Investopedia study estimates that achieving the American Dream now costs $5 million nationwide. In Oklahoma, the cost is lower but still steep—about $3 million over a lifetime.

Breaking Down the Numbers

Researchers calculated the cost of major life milestones such as buying a home, raising children, purchasing vehicles, and retirement. The study estimates an average yearly income of $60,000 would be necessary for Oklahomans to reach a retirement fund of $1 million.

Oklahoma Families Feel the Strain

With wages lagging behind national averages and inflation impacting essentials, experts warn that many Oklahoma families are struggling to build long-term security. The study underscores the widening gap between household earnings and the cost of financial stability.

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