Durant 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.
IndexDurantOklahomaNational
Cost of living index8186100
IndexDurantOklahomaNational
Goods & Services index8993100
Groceries index9197100
Health care index8795100
Housing index6069100
Transportation index10486100
Utilities index8195100
Displayed above is a general overview of the Durant, OK cost of living index. The overall cost of living index in Durant, OK is 81, which is 6% lower than the Oklahoma average and 19% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Durant, OK are 5% lower than the Oklahoma average and 12% lower than the national average.

Did you know?

  • The cost of living in Durant is 6% lower than the Oklahoma average.
  • The cost of living in Durant is 19% lower than the national average.
  • The cost of housing in Durant is 40% 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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Salary Calculator

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Cost of living index
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Groceries index
Health care index
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The salary calculator allows you to compare how much your current salary in Durant, OK would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Durant, OK, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Durant, OK salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$49,703$4,142$1,160$1,491
Renters$25,546$2,129$596$766
The affordability of the housing market in Durant, OK as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Durant, OK homeowners, the median income is $49,703. This indicates that a monthly maximum of $1,160 should be spent by homeowners on all housing related costs. Renters have a median income of $25,546. This indicates that renters should have a maximum of $596 used for their rent related monthly 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 you are determining the total cost of living in Durant, OK you will want to make sure you consider both the Oklahoma sales tax and the Oklahoma income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Oklahoma is 4.5%, with the highest surtax being 11%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Oklahoma have a range from 0.5% to 5.25%.

Goods & Services

ItemDurantNational avg.Difference
Haircut $12.50$14.5914.3%
Beauty Salon $23.50$34.6832.2%
Toothpaste $2.39$2.473.4%
Shampoo $1.09$1.026.7%
Movie $8.75$9.8711.3%
Bowling $4.00$4.398.9%

Groceries

ItemDurantNational avg.Difference
Ground Beef $3.60$4.4819.6%
Fried Chicken $1.08$1.4626.2%
Milk $3.36$2.3642.6%
Potatoes $3.30$3.067.8%
Pizza $9.99$9.248.1%
Beer $8.50$8.631.5%

Health Care

ItemDurantNational avg.Difference
Optometrist $85.00$99.7814.8%
Doctor $85.00$105.0319.1%
Dentist $75.00$88.7015.4%
Ibuprofen $9.59$9.411.9%
Lipitor $272.49$298.508.7%

Housing

ItemDurantNational avg.Difference
Home Price $96,800.00$175,700.0044.9%
Avg. Mortgage Payment $815.00$1,081.0324.6%
Apartment Rent $656.00$920.0028.7%

Transportation

ItemDurantNational avg.Difference
Gasoline $2.00$2.094.4%
Tire Balancing $58.00$45.2928.1%

Utilities

ItemDurantNational avg.Difference
All Electricity$129.85$170.8024.0%
Phone $24.95$28.2611.7%
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.
Bee, OK11169-31%
Albany, OK11574-26%
New Woodville, OK10674-26%
Kenefic, OK21475-25%
Blue, OK30275-25%
Durant, OK16,50781-19%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Red Wing, MN16,50299-1%
Morton, IL16,49398-2%
Highland, UT16,49113434%
New Milford, NJ16,52414949%
Frankfort, IN16,48881-19%
Durant, OK16,50781-19%
Source: The Durant, OK cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.