Grove 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.
IndexGroveOklahomaNational
Cost of living index8786100
IndexGroveOklahomaNational
Goods & Services index9193100
Groceries index10297100
Health care index9495100
Housing index7669100
Transportation index8186100
Utilities index9495100
A general overview of the cost of living index for Grove, OK is displayed above. In Grove, OK, the overall cost of living index is 87, which is 2% higher than the Oklahoma average and 13% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Grove, OK, the city's goods and services are 2% lower than the Oklahoma average and 9% lower than the U.S. average.

Did you know?

  • The cost of living in Grove is 2% higher than the Oklahoma average.
  • The cost of living in Grove is 13% lower than the national average.
  • The cost of housing in Grove is 24% 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 Grove, OK Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
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 Grove, 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 Grove, OK, you have to earn a higher income in order to still have the same standard of living. To operate the Grove, 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$38,630$3,219$901$1,159
Renters$22,808$1,901$532$684
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Grove, 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 Grove, OK homeowners, is $38,630. This would allow for a maximum of $901 per month to be spent on housing costs. For renters, the median monthly income is $22,808 which would result in a maximum of $532 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%
The Oklahoma sales tax and Oklahoma income tax rates should definitely be considered when determining the overall cost of living in Grove, OK. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Oklahoma sales tax is 4.5% and the maximum surtax is 11%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Oklahoma income tax rates range from 0.5% to 5.25%.

Goods & Services

ItemGroveNational 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

ItemGroveNational 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

ItemGroveNational 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

ItemGroveNational avg.Difference
Home Price $139,300.00$175,700.0020.7%
Avg. Mortgage Payment $793.53$1,081.0326.6%
Apartment Rent $625.00$920.0032.1%

Transportation

ItemGroveNational avg.Difference
Gasoline $1.69$2.0919.0%
Tire Balancing $35.99$45.2920.5%

Utilities

ItemGroveNational 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.
Maysville, AR1994-6%
Brush Creek, OK6092-8%
Deer Lick, OK2292-8%
White Water, OK1791-9%
Sycamore, OK29475-25%
Grove, OK6,65887-13%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Hudson, NY6,6581066%
North Syracuse, NY6,65991-9%
Covedale, OH6,66095-5%
Clifton Heights, PA6,6561066%
Quantico Base, VA6,6561088%
Grove, OK6,65887-13%
Source: The Grove, OK cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.