Grand Lake Towne 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.
IndexGrand Lake TowneOklahomaNational
Cost of living index9886100
IndexGrand Lake TowneOklahomaNational
Goods & Services index9193100
Groceries index10297100
Health care index9495100
Housing index11069100
Transportation index8186100
Utilities index9495100

Did you know?

  • The cost of living in Grand Lake Towne is 13% higher than the Oklahoma average.
  • The cost of living in Grand Lake Towne is 2% lower than the national average.
  • The cost of housing in Grand Lake Towne is 10% higher 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 Grand Lake Towne, OK Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$79,821$6,652$1,862$2,395
Renters$0$0$0$0

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

ItemGrand Lake TowneNational avg.Difference
Haircut $12.48$14.5914.5%
Beauty Salon $25.67$34.6826.0%
Toothpaste $2.62$2.475.9%
Shampoo $1.14$1.0211.5%
Movie $8.75$9.8711.3%
Bowling $3.80$4.3913.5%

Groceries

ItemGrand Lake TowneNational avg.Difference
Ground Beef $4.75$4.486.1%
Fried Chicken $1.52$1.463.8%
Milk $2.77$2.3617.5%
Potatoes $2.89$3.065.6%
Pizza $9.00$9.242.6%
Beer $7.88$8.638.7%

Health Care

ItemGrand Lake TowneNational avg.Difference
Optometrist $78.50$99.7821.3%
Doctor $107.89$105.032.7%
Dentist $70.91$88.7020.1%
Ibuprofen $9.49$9.410.8%
Lipitor $313.88$298.505.2%

Housing

ItemGrand Lake TowneNational avg.Difference
Home Price $193,300.00$175,700.0010.0%
Avg. Mortgage Payment $793.53$1,081.0326.6%
Apartment Rent $0.00$920.00100.0%

Transportation

ItemGrand Lake TowneNational avg.Difference
Gasoline $1.69$2.0919.0%
Tire Balancing $35.99$45.2920.5%

Utilities

ItemGrand Lake TowneNational avg.Difference
All Electricity$167.40$170.802.0%
Phone $24.98$28.2611.6%
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.
Brush Creek, OK6092-8%
Wickliffe, OK2892-8%
Old Eucha, OK392-8%
Bull Hollow, OK3492-8%
Hoot Owl, OK092-8%
Grand Lake Towne, OK15198-2%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Grayling, AK1511055%
Eugenio Saenz, TX15178-22%
La Jara, NM15178-22%
Buffalo Gap, SD15177-23%
Oakvale, WV15178-22%
Grand Lake Towne, OK15198-2%
Source: The Grand Lake Towne, OK cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.