Granite 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.
IndexGraniteOklahomaNational
Cost of living index7286100
IndexGraniteOklahomaNational
Goods & Services index8694100
Groceries index8993100
Health care index10193100
Housing index3169100
Transportation index10288100
Utilities index8495100

Did you know?

  • The cost of living in Granite is 17% lower than the Oklahoma average.
  • The cost of living in Granite is 28% lower than the national average.
  • The cost of housing in Granite is 69% 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$50,789$4,232$1,185$1,524
Renters$11,818$985$276$355

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

ItemGraniteNational avg.Difference
Haircut $11.35$15.5627.0%
Beauty Salon $45.12$36.1125.0%
Toothpaste $2.88$2.4716.3%
Shampoo $1.01$0.965.0%
Movie $8.50$10.1316.1%
Bowling $3.53$4.7425.4%

Groceries

ItemGraniteNational avg.Difference
Ground Beef $3.77$3.985.5%
Fried Chicken $1.05$1.4125.5%
Milk $1.87$2.069.4%
Potatoes $2.15$2.9828.0%
Pizza $8.05$9.4715.0%
Beer $7.40$8.7915.9%

Health Care

ItemGraniteNational avg.Difference
Optometrist $122.50$101.0421.2%
Doctor $125.45$107.4416.8%
Dentist $86.22$90.424.6%
Ibuprofen $8.02$9.2813.5%
Lipitor $378.86$426.5011.2%

Housing

ItemGraniteNational avg.Difference
Home Price $52,800.00$175,700.0069.9%
Avg. Mortgage Payment $998.65$1,133.2311.9%
Apartment Rent $296.00$920.0067.8%

Transportation

ItemGraniteNational avg.Difference
Gasoline $1.80$1.999.6%
Tire Balancing $58.76$45.7628.4%

Utilities

ItemGraniteNational avg.Difference
All Electricity$120.11$163.8126.7%
Phone $28.03$28.391.3%
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.
Lone Wolf, OK40571-29%
Willow, OK21673-27%
Sentinel, OK97275-25%
Blair, OK60676-24%
Mangum, OK2,94778-22%
Granite, OK1,91172-28%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Loretto, TN1,91183-17%
Clarkesville, GA1,91195-5%
Lake Camelot, IL1,91097-3%
Laurel Springs, NJ1,91011111%
East Pittsburgh, PA1,91076-24%
Granite, OK1,91172-28%
Source: The Granite, OK cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.