Noble 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.
IndexNobleOklahomaNational
Cost of living index8186100
IndexNobleOklahomaNational
Goods & Services index8893100
Groceries index9197100
Health care index8695100
Housing index6669100
Transportation index7986100
Utilities index9595100
Displayed above is a general overview of the Noble, OK cost of living index. The overall cost of living index in Noble, OK is 81, which is 5% 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 Noble, OK are 5% lower than the Oklahoma average and 12% lower than the national average.

Did you know?

  • The cost of living in Noble is 5% lower than the Oklahoma average.
  • The cost of living in Noble is 19% lower than the national average.
  • The cost of housing in Noble is 34% 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

This is how much you would need to earn in
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Groceries index
Health care index
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The salary calculator is meant to help you compare your salary in Noble, OK to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Noble, OK, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Noble, OK salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$56,250$4,688$1,312$1,688
Renters$30,643$2,554$715$919
One can approximate the cost of living and the housing affordability in Noble, OK by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Noble, OK have a median income of $56,250. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,312 per month to avoid calamity and poverty. The renters in the city have an income of about $30,643, which would make their monthly maximum allowable rental costs $715.

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 considering the overall cost of living expenses in Noble, OK, it's important to take into account the sales tax for Oklahoma, as well as the rate for income tax in Oklahoma. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Oklahoma is 11%, and the sales tax in the state of Oklahoma is 4.5%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Oklahoma starts from 0.5% and goes up to 5.25%.

Goods & Services

ItemNobleNational avg.Difference
Haircut $11.98$14.5917.9%
Beauty Salon $19.97$34.6842.4%
Toothpaste $1.73$2.4730.1%
Shampoo $0.99$1.023.1%
Movie $9.50$9.873.7%
Bowling $6.50$4.3948.0%

Groceries

ItemNobleNational avg.Difference
Ground Beef $4.48$4.480.1%
Fried Chicken $1.27$1.4613.3%
Milk $2.46$2.364.4%
Potatoes $3.40$3.0611.1%
Pizza $8.99$9.242.7%
Beer $7.31$8.6315.3%

Health Care

ItemNobleNational avg.Difference
Optometrist $76.67$99.7823.2%
Doctor $110.00$105.034.7%
Dentist $60.00$88.7032.4%
Ibuprofen $8.64$9.418.2%
Lipitor $281.82$298.505.6%

Housing

ItemNobleNational avg.Difference
Home Price $101,900.00$175,700.0042.0%
Avg. Mortgage Payment $791.83$1,081.0326.8%
Apartment Rent $781.00$920.0015.1%

Transportation

ItemNobleNational avg.Difference
Gasoline $1.69$2.0919.2%
Tire Balancing $33.33$45.2926.4%

Utilities

ItemNobleNational avg.Difference
All Electricity$153.59$170.8010.1%
Phone $29.01$28.262.7%
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.
Lexington, OK2,33978-22%
Pink, OK2,28279-21%
Dibble, OK97979-21%
Purcell, OK6,25982-18%
Slaughterville, OK4,22383-17%
Noble, OK6,60281-19%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Canton, NY6,6001044%
Pike Road, AL6,6051099%
Yorketown, NJ6,59814444%
West Samoset, FL6,59789-11%
South Run, VA6,60717878%
Noble, OK6,60281-19%
Source: The Noble, OK cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.