| Index | Midwest City | Oklahoma | National |
| Cost of living | 88 | 88 | 100 |
| Groceries | 96 | 96 | 100 |
| Health care | 95 | 95 | 100 |
| Housing | 72 | 70 | 100 |
| Transportation | 95 | 96 | 100 |
| Utilities | 97 | 96 | 100 |
| Lifestyle & Entertainment | 94 | 94 | 100 |
| Household Items | 95 | 97 | 100 |
| Education & Childcare | 92 | 93 | 100 |
Understanding the cost of living in Midwest City 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 Midwest City cost of living index is 88, which is 12% lower 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.
Locals have the inside scoop on their city. So, we polled 11 residents in Midwest City to learn how they view the cost of living. We asked how they felt about the cost of living in their area, and if they thought that prices were increasing, decreasing or staying the same. The verdict? 27% find it reasonable with decreasing prices, but 73% think it's quite pricey, with prices that continue to rise.
Is Midwest City 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 Midwest City, the median home price is 35.3% lower than the national average and monthly rent prices are 11.3% lower than the typical rates. Additionally, the median income levels play a role in affordability, with Midwest City boasting a median household income of $74,851, 8% lower than the national average.
Taxes: Cities that impose higher taxes, including sales and income taxes, can contribute to an escalated cost of living. The added expense of taxes on everyday goods like clothing and food naturally results in higher overall costs. Similarly, a higher income tax rate can further elevate the cost of living. In Midwest City, the general sales tax rate starts at 4.5%, and income tax rates begin at 0.25%.
Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In Midwest City, the groceries index is 3.7% lower than the national average.
Urbanization: Urban areas with a wealth of amenities and employment opportunities tend to come with a higher price tag for living. Why? Well, more people want to be there, which drives up home prices and rents. On the flip side, less densely populated rural areas or places where there's not as much demand usually mean fewer attractions, things to do and slower job growth. That often results in a lower cost of living.
The cost of living estimates displayed for Midwest City are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $92,696 | $7,725 | $2,163 | $2,781 |
| Renters | $55,976 | $4,665 | $1,306 | $1,679 |
| 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. |
| Valley Brook, OK | 938 | 79 | 20.6% |
| Spencer, OK | 4,133 | 81 | 19.0% |
| Smith Village, OK | 75 | 81 | 18.7% |
| Arcadia, OK | 139 | 82 | 17.8% |
| Del City, OK | 22,594 | 84 | 15.6% |
| Midwest City, OK | 58,587 | 88 | 11.9% |
| City | Population | Cost of Living Index | National Avg. |
| Shoreline, WA | 58,611 | 160 | 60.0% |
| Grand Forks, ND | 58,685 | 101 | 1.4% |
| Towson, MD | 58,727 | 133 | 33.3% |
| Palm Beach Gardens, FL | 58,393 | 136 | 35.9% |
| Hanford, CA | 58,807 | 118 | 17.5% |
| Midwest City, OK | 58,587 | 88 | 11.9% |
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