Madill 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.
Cost of living index8188100
Goods & Services index9497100
Groceries index10495100
Health care index9495100
Housing index5269100
Transportation index9190100
Utilities index8698100
The above illustration supplies generalized information for the Madill, OK cost of living index. Compared to other cities in Oklahoma and cities across the country, the cost of living index in Madill, OK is 81, which is 7% lower than the Oklahoma average and 19% 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 Madill, OK are 3% lower than the average for Oklahoma and 6% lower than the rest of the country.
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Did you know?

  • The cost of living in Madill is 7% lower than the Oklahoma average.
  • The cost of living in Madill is 19% lower than the national average.
  • The cost of housing in Madill is 48% 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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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 Madill, 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 Madill, OK, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Madill, 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)
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Madill, OK as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Madill, OK homeowners, is $47,188. This would allow for a maximum of $1,101 per month to be spent on housing costs. For renters, the median monthly income is $25,542 which would result in a maximum of $596 to be spent on rental costs.

Oklahoma Sales Tax

StateGeneral Sales TaxWith Max Surtax

Oklahoma Income Tax

StateIncome Tax (Low)Income Tax (High)
For those who live in Madill, 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

ItemMadillNational avg.Difference
Haircut $10.06$16.0937.4%
Beauty Salon $40.12$37.337.5%
Toothpaste $2.33$2.454.8%
Shampoo $1.04$1.003.5%
Movie $10.72$10.284.3%
Bowling $3.98$4.9319.2%


ItemMadillNational avg.Difference
Ground Beef $3.75$3.801.5%
Fried Chicken $1.33$1.404.9%
Milk $2.07$2.013.2%
Potatoes $3.58$3.0118.8%
Pizza $8.50$9.8914.0%
Beer $7.40$8.9016.8%

Health Care

ItemMadillNational avg.Difference
Optometrist $115.91$102.1613.5%
Doctor $75.43$108.3630.4%
Dentist $91.68$92.530.9%
Ibuprofen $11.46$9.2823.5%
Lipitor $432.64$425.821.6%


ItemMadillNational avg.Difference
Home Price $83,100.00$184,700.0055.0%
Avg. Mortgage Payment $986.13$1,202.4418.0%
Apartment Rent $634.00$949.0033.2%


ItemMadillNational avg.Difference
Gasoline $2.10$2.246.4%
Tire Balancing $39.22$46.2915.3%


ItemMadillNational avg.Difference
All Electricity$156.32$165.965.8%
Phone $21.75$28.6824.2%
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.
Platter, OK19090-10%
New Woodville, OK16490-10%
Bee, OK12994-6%
Lebanon, OK28776-24%
Ravia, OK44378-22%
Madill, OK3,86481-19%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Nichols Hills, OK3,86414444%
Alvarado, TX3,86390-10%
Tri-City, OR3,86598-2%
Bosque Farms, NM3,86397-3%
Bystrom, CA3,86595-5%
Madill, OK3,86481-19%
Source: The Madill, OK cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.