Anadarko cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexAnadarkoOklahomaNational
Cost of living index7786100
IndexAnadarkoOklahomaNational
Goods & Services index8693100
Groceries index10397100
Health care index10695100
Housing index4369100
Transportation index9786100
Utilities index8795100
Here we can see a simple outline of the cost of living in Anadarko, OK. As you can see, with the average cost of living in Anadarko, OK being 77, that puts it 10% lower than the average of Oklahoma and 23% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Anadarko, OK, the price of goods and services are 8% lower than the average of Oklahoma as well as 15% lower than the nation's average.

Did you know?

  • The cost of living in Anadarko is 10% lower than the Oklahoma average.
  • The cost of living in Anadarko is 23% lower than the national average.
  • The cost of housing in Anadarko is 57% lower than the national average.
  • Oklahoma general sales tax is 12% lower than the national average.
  • Oklahoma state income tax is 78% lower than the national average.

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Compare Anadarko, OK Cost of living To Other Cities

Salary Calculator

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Cost of living index
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Groceries index
Health care index
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Using the salary calculator lets you compare the salary you earn in Anadarko, OK to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Anadarko, OK, you have to earn a higher income in order to still have the same standard of living. To operate the Anadarko, OK salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$36,719$3,060$857$1,102
Renters$17,831$1,486$416$535
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Anadarko, OK as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Anadarko, OK homeowners, is $36,719. This would allow for a maximum of $857 per month to be spent on housing costs. For renters, the median monthly income is $17,831 which would result in a maximum of $416 to be spent on rental costs.

Oklahoma Sales Tax

StateGeneral Sales TaxWith Max Surtax
Oklahoma4.5%11%

Oklahoma Income Tax

StateIncome Tax (Low)Income Tax (High)
Oklahoma0.5%5.25%
When assessing the complete cost of living in Anadarko, OK, the Oklahoma income tax and the Oklahoma sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Oklahoma maximum surtax is 11%, and the Oklahoma sales tax is 4.5%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0.5% to 5.25% in Oklahoma.

Goods & Services

ItemAnadarkoNational avg.Difference
Haircut $12.50$14.5914.3%
Beauty Salon $33.75$34.682.7%
Toothpaste $3.65$2.4747.6%
Shampoo $1.21$1.0218.4%
Movie $9.50$9.873.7%
Bowling $3.10$4.3929.4%

Groceries

ItemAnadarkoNational avg.Difference
Ground Beef $4.32$4.483.5%
Fried Chicken $1.22$1.4616.7%
Milk $2.36$2.360.1%
Potatoes $2.42$3.0621.0%
Pizza $10.00$9.248.2%
Beer $8.54$8.631.1%

Health Care

ItemAnadarkoNational avg.Difference
Optometrist $116.00$99.7816.3%
Doctor $116.33$105.0310.8%
Dentist $95.20$88.707.3%
Ibuprofen $8.32$9.4111.6%
Lipitor $304.79$298.502.1%

Housing

ItemAnadarkoNational avg.Difference
Home Price $63,500.00$175,700.0063.9%
Avg. Mortgage Payment $1,070.15$1,081.031.0%
Apartment Rent $528.00$920.0042.6%

Transportation

ItemAnadarkoNational avg.Difference
Gasoline $1.89$2.099.7%
Tire Balancing $52.95$45.2916.9%

Utilities

ItemAnadarkoNational avg.Difference
All Electricity$150.07$170.8012.1%
Phone $24.01$28.2615.0%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Cement, OK55074-26%
Verden, OK49575-25%
Gracemont, OK22276-24%
Norge, OK12976-24%
Fort Cobb, OK63876-24%
Anadarko, OK6,78677-23%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
El Rio, CA6,78512222%
Salem, UT6,7891088%
Marshfield, MO6,78985-15%
Warwick, NY6,78312121%
Wildwood, FL6,7821033%
Anadarko, OK6,78677-23%
Source: The Anadarko, OK cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.