Cost Of Living in Fargo, OK

Get 300+ Local Insights for Any Address in Fargo, OK

Get Access to 300+ Local Data Points

A+

17%

Overall NAT. AVG.

4%

Goods & Services NAT. AVG.

50%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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	Fargo	Oklahoma	National
Cost of living	83	86	100
Goods & Services	96	91	100
Groceries	95	94	100
Health care	100	93	100
Housing	50	69	100
Transportation	97	93	100
Utilities	102	98	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Cost Of Living Quick Facts

The cost of living in Fargo is 3% lower than the Oklahoma average
The cost of living in Fargo is 17% lower than the national average
Fargo housing is 50% lower than the national average
Oklahoma general sales tax is 12% lower than the national average
Oklahoma state income tax is 90% lower than the national average

Most Affordable Places to Live in and Around Fargo

See all the best places to live around Fargo

Compare Fargo, OK Cost of Living

Compare Neighborhoods & Addresses

Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

UNLOCK FULL COMPARISON →

Write a review to give others more information about this area.

See all Fargo poll results

The best places in Oklahoma

Here are the best places to live in Oklahoma

These are the largest cities in Oklahoma

Check out the 10 safest cities in Oklahoma

Most Dangerous Cities In The US

Salary Calculator

This is how much you would need to earn in

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	$71,042	$5,920	$1,658	$2,131
Renters	$34,167	$2,847	$797	$1,025

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	0.25%	4.75%

Goods & Services

Item	Fargo	National avg.	Difference
Haircut	$22.08	$24.26	9.0%
Beauty Salon	$38.02	$45.56	16.5%
Toothpaste	$3.65	$3.70	1.3%
Shampoo	$1.20	$1.28	6.7%
Movie	$10.21	$12.13	15.9%
Bowling	$15.67	$18.00	13.0%

Groceries

Item	Fargo	National avg.	Difference
Ground Beef	$5.90	$5.84	1.0%
Fried Chicken	$1.39	$1.57	11.6%
Milk	$4.56	$4.67	2.3%
Potatoes	$4.75	$4.93	3.7%
Pizza	$11.32	$12.09	6.3%
Beer	$10.02	$10.41	3.8%

Health Care

Item	Fargo	National avg.	Difference
Optometrist	$115.50	$125.68	8.1%
Doctor	$108.78	$135.78	19.9%
Dentist	$105.78	$113.29	6.6%
Ibuprofen	$10.36	$10.65	2.8%
Lipitor	$465.49	$468.60	0.7%

Housing

Item	Fargo	National avg.	Difference
Home Price	$78,600.00	$184,700.00	57.4%
Avg. Mortgage Payment	$1,745.06	$2,346.69	25.6%
Apartment Rent	$650.00	$949.00	31.5%

Transportation

Item	Fargo	National avg.	Difference
Gasoline	$3.12	$3.46	9.8%
Tire Balancing	$46.82	$59.92	21.9%

Utilities

Item	Fargo	National avg.	Difference
All Electricity	$181.48	$193.99	6.5%
Phone	$193.37	$192.25	0.6%

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	Population	Cost of Living Index	National Avg.
Fort Supply, OK	368	80	19.9%
Gage, OK	395	82	17.9%
Shattuck, OK	1,407	86	13.9%
Woodward, OK	12,213	90	9.6%
Fargo, OK	313	83	16.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Bowie, AZ	313	86	14.4%
Floridatown, FL	313	97	3.0%
Leland, IA	313	85	14.9%
Bushton, KS	313	79	21.3%
Clinton, MN	313	84	16.1%
Fargo, OK	313	83	16.9%