Arkoma, Oklahoma Cost Of Living

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Overall 22%

Goods & Services 7%

Housing 57%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Arkoma	Oklahoma	National
Cost of living	78	86	100
Goods & Services	93	93	100
Groceries	95	95	100
Health care	79	94	100
Housing	43	69	100
Transportation	100	95	100
Utilities	92	95	100

Key findings

The cost of living in Arkoma is 10% lower than the Oklahoma average
The cost of living in Arkoma is 22% lower than the national average
Arkoma housing is 57% lower than the national average
Oklahoma general sales tax is 12% lower than the national average
Oklahoma state income tax is 80% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$29,395	$2,450	$686	$882
Renters	$20,333	$1,694	$474	$610

Oklahoma Sales Tax

State	General Sales Tax	With Max Surtax
Oklahoma	4.5%	11%

Oklahoma Income Tax

State	Income Tax (Low)	Income Tax (High)
Oklahoma	0.5%	5%

Goods & Services

Item	Arkoma	National avg.	Difference
Haircut	$18.28	$20.27	9.8%
Beauty Salon	$35.78	$40.39	11.4%
Toothpaste	$2.32	$2.36	1.8%
Shampoo	$0.96	$1.08	10.5%
Movie	$10.89	$10.99	0.9%
Bowling	$16.17	$15.49	4.4%

Groceries

Item	Arkoma	National avg.	Difference
Ground Beef	$4.98	$4.30	15.8%
Fried Chicken	$1.04	$1.40	25.7%
Milk	$2.90	$2.20	31.6%
Potatoes	$3.52	$3.22	9.3%
Pizza	$7.90	$10.74	26.5%
Beer	$9.38	$9.60	2.3%

Health Care

Item	Arkoma	National avg.	Difference
Optometrist	$73.06	$109.73	33.4%
Doctor	$81.11	$118.34	31.5%
Dentist	$72.78	$100.94	27.9%
Ibuprofen	$9.87	$9.93	0.6%
Lipitor	$467.63	$469.53	0.4%

Housing

Item	Arkoma	National avg.	Difference
Home Price	$67,100.00	$184,700.00	63.7%
Avg. Mortgage Payment	$941.09	$1,229.62	23.5%
Apartment Rent	$543.00	$949.00	42.8%

Transportation

Item	Arkoma	National avg.	Difference
Gasoline	$2.66	$2.71	1.8%
Tire Balancing	$52.89	$51.86	2.0%

Utilities

Item	Arkoma	National avg.	Difference
All Electricity	$134.96	$170.84	21.0%
Phone	$202.06	$187.18	8.0%

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	Population	Cost of Living Index	National Avg.
Moffett, OK	140	75	25.0%
Cameron, OK	347	72	27.8%
Panama, OK	1,241	73	27.4%
Spiro, OK	2,740	74	25.5%
Fort Coffee, OK	532	74	25.5%
Arkoma, OK	1,912	78	21.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Florala, AL	1,912	82	17.9%
Pine Valley, CA	1,912	133	32.8%
Saint-Cuthbert, QC	1,912	n/a
Graysville, AL	1,911	88	12.4%
Fennville, MI	1,913	84	16.2%
Arkoma, OK	1,912	78	21.9%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.