Lone 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.
IndexLone GroveOklahomaNational
Cost of living index8986100
IndexLone GroveOklahomaNational
Goods & Services index10092100
Groceries index10195100
Health care index9093100
Housing index6769100
Transportation index9291100
Utilities index9896100
The above illustration supplies generalized information for the Lone Grove, OK cost of living index. Compared to other cities in Oklahoma and cities across the country, the cost of living index in Lone Grove, OK is 89, which is 3% higher than the Oklahoma average and 11% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Lone Grove, OK are 8% higher than the average for Oklahoma and equal to the rest of the country.
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Did you know?

  • The cost of living in Lone Grove is 3% higher than the Oklahoma average.
  • The cost of living in Lone Grove is 11% lower than the national average.
  • The cost of housing in Lone Grove is 33% 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.

Compare Lone Grove, OK Cost of living To Other Cities

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      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
      The salary calculator allows you to compare how much your current salary in Lone Grove, OK would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Lone Grove, OK, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Lone Grove, OK salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$44,551$3,713$1,039$1,337
      Renters$31,380$2,615$732$941
      How much of your monthly income goes to housing can tell you whether or not you can afford housing in Lone Grove, OK, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Lone Grove, OK homeowners have a median income of $44,551. Using that number, you will come up with a maximum of $1,039 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $31,380, which means there is a maximum of $732 to be spent on the costs of renting a home or apartment.

      Oklahoma Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Oklahoma4.5%11%

      Oklahoma Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Oklahoma0.5%5%
      For those who live in Lone Grove, OK and want to know what the true cost of living is, they ought to look at both the Oklahoma income tax rate and the Oklahoma sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Oklahoma, the sales tax is 4.5%, while the most you'll pay in surtax is 11%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Oklahoma, the income tax rate ranges between 0.5% to 5%.

      Goods & Services

      ItemLone GroveNational avg.Difference
      Haircut $15.74$17.4910.0%
      Beauty Salon $28.33$38.1725.8%
      Toothpaste $1.67$2.3228.0%
      Shampoo $0.89$1.0112.0%
      Movie $11.49$10.727.1%
      Bowling $12.50$13.869.8%

      Groceries

      ItemLone GroveNational avg.Difference
      Ground Beef $4.78$3.9022.6%
      Fried Chicken $1.38$1.401.1%
      Milk $2.23$1.9613.6%
      Potatoes $3.26$3.182.4%
      Pizza $11.99$10.3915.4%
      Beer $8.29$9.2310.2%

      Health Care

      ItemLone GroveNational avg.Difference
      Optometrist $106.50$106.340.2%
      Doctor $90.00$115.2521.9%
      Dentist $92.54$98.385.9%
      Ibuprofen $9.48$9.262.4%
      Lipitor $412.63$466.4711.5%

      Housing

      ItemLone GroveNational avg.Difference
      Home Price $119,300.00$184,700.0035.4%
      Avg. Mortgage Payment $890.09$1,273.3230.1%
      Apartment Rent $698.00$949.0026.4%

      Transportation

      ItemLone GroveNational avg.Difference
      Gasoline $2.44$2.595.7%
      Tire Balancing $44.00$48.9010.0%

      Utilities

      ItemLone GroveNational avg.Difference
      All Electricity$162.64$167.603.0%
      Phone $181.66$163.4211.2%
      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.
      Wilson, OK1,51981-19%
      Healdton, OK2,78082-18%
      Gene Autry, OK13783-17%
      Springer, OK59386-14%
      Ardmore, OK25,02787-13%
      Lone Grove, OK5,19789-11%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Moab, UT5,1961022%
      Bangor, PA5,19898-2%
      Chardon, OH5,19497-3%
      Indian Wells, CA5,19416363%
      Asbury, IA5,2011011%
      Lone Grove, OK5,19789-11%
      Source: The Lone Grove, OK cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.