Billings 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.
IndexBillingsOklahomaNational
Cost of living index7586100
IndexBillingsOklahomaNational
Goods & Services index9694100
Groceries index9593100
Health care index9793100
Housing index2669100
Transportation index9388100
Utilities index10495100

Did you know?

  • The cost of living in Billings is 12% lower than the Oklahoma average.
  • The cost of living in Billings is 25% lower than the national average.
  • The cost of housing in Billings is 74% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$31,875$2,656$744$956
Renters$21,528$1,794$502$646

Oklahoma Sales Tax

StateGeneral Sales TaxWith Max Surtax
Oklahoma4.5%11%

Oklahoma Income Tax

StateIncome Tax (Low)Income Tax (High)
Oklahoma0.5%5.25%

Goods & Services

ItemBillingsNational avg.Difference
Haircut $10.33$15.5633.6%
Beauty Salon $30.72$36.1114.9%
Toothpaste $1.89$2.4723.4%
Shampoo $0.96$0.960.2%
Movie $10.25$10.131.2%
Bowling $2.99$4.7436.9%

Groceries

ItemBillingsNational avg.Difference
Ground Beef $3.55$3.9811.0%
Fried Chicken $1.25$1.4111.2%
Milk $2.36$2.0614.5%
Potatoes $2.61$2.9812.4%
Pizza $8.66$9.478.6%
Beer $8.42$8.794.3%

Health Care

ItemBillingsNational avg.Difference
Optometrist $105.61$101.044.5%
Doctor $75.17$107.4430.0%
Dentist $102.50$90.4213.4%
Ibuprofen $8.82$9.284.9%
Lipitor $417.48$426.502.1%

Housing

ItemBillingsNational avg.Difference
Home Price $23,300.00$175,700.0086.7%
Avg. Mortgage Payment $892.72$1,133.2321.2%
Apartment Rent $511.00$920.0044.5%

Transportation

ItemBillingsNational avg.Difference
Gasoline $1.75$1.9912.3%
Tire Balancing $47.89$45.764.7%

Utilities

ItemBillingsNational avg.Difference
All Electricity$160.87$163.811.8%
Phone $32.30$28.3913.8%
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.
Hunter, OK15574-26%
Red Rock, OK25676-24%
Lamont, OK31877-23%
Garber, OK72078-22%
Fairmont, OK16079-21%
Billings, OK48775-25%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Mount Pleasant Mills, PA48796-4%
Soudersburg, PA4871011%
Hallsburg, TX48787-13%
De Land, IL48782-18%
Lake City, TX48783-17%
Billings, OK48775-25%
Source: The Billings, OK cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.