| Index | Bixby | Oklahoma | National |
| Cost of living | 104 | 88 | 100 |
| Groceries | 94 | 96 | 100 |
| Health care | 98 | 95 | 100 |
| Housing | 125 | 70 | 100 |
| Transportation | 98 | 96 | 100 |
| Utilities | 98 | 96 | 100 |
| Lifestyle & Entertainment | 89 | 94 | 100 |
| Household Items | 99 | 97 | 100 |
| Education & Childcare | 91 | 93 | 100 |
Understanding the cost of living in Bixby can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Bixby cost of living index is 104, which is 4% higher than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.
The cost of living in Bixby aligns closely with the national average when compared to other cities across the nation. Everyday essentials such as groceries, household expenses, health care and utility bills are priced at a level consistent with the average in similar urban areas. Bixby residents can anticipate that their daily expenses won't be significantly higher than those in an average city, ensuring that the cost of living remains manageable.
Housing costs are a very significant part of the Bixby cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 25.2% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.
Is Bixby affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Bixby, the median home price is 31.4% higher than the national average and monthly rent prices are 10.9% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Bixby boasting a median household income of $125,270, 54% higher than the national average.
Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In Bixby, the housing index is 25.2% higher than the national average.
Utilities: Similar to the prices of any goods or services, utility expenses can fluctuate widely, contingent on variables such as climate, available energy sources, geographical location and state regulations. Costs associated with electricity, water, heating, and waste disposal can differ in magnitude, depending on the specific city or state. In Bixby, the utilities index registers at 2.2% lower than the national average.
Subsidies: Certain cities or states may implement government subsidies or assistance programs with the goal of alleviating the cost of living pressures on their residents. These programs encompass a broad spectrum of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas offering fewer subsidies may experience a rise in their cost of living.
The Bixby cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $149,871 | $12,489 | $3,497 | $4,497 |
| Renters | $74,668 | $6,222 | $1,742 | $2,240 |
| State | General Sales Tax | With Max Surtax |
| Oklahoma | 4.5% | 11% |
| State | Income Tax (Low) | Income Tax (High) |
| Oklahoma | 0.25% | 4.75% |
| City | Population | Cost of Living Index | National Avg. |
| Beggs, OK | 1,432 | 84 | 16.0% |
| Haskell, OK | 2,133 | 85 | 15.3% |
| Oakhurst, OK | 2,510 | 86 | 13.9% |
| Winchester, OK | 719 | 88 | 12.1% |
| Mounds, OK | 1,043 | 89 | 11.3% |
| Bixby, OK | 28,000 | 104 | 4.3% |
| City | Population | Cost of Living Index | National Avg. |
| Shaker Heights, OH | 27,985 | 104 | 4.4% |
| New Smyrna Beach, FL | 27,977 | 117 | 17.0% |
| Belmont, CA | 28,035 | 284 | 184.4% |
| Imperial Beach, CA | 27,956 | 167 | 67.0% |
| Anderson, SC | 27,956 | 93 | 7.4% |
| Bixby, OK | 28,000 | 104 | 4.3% |
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