Noble 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.
IndexNobleOklahomaNational
Cost of living index8686100
IndexNobleOklahomaNational
Goods & Services index9292100
Groceries index9295100
Health care index9793100
Housing index6969100
Transportation index10091100
Utilities index9896100
Displayed above is a general overview of the Noble, OK cost of living index. The overall cost of living index in Noble, OK is 86, which is equal to the Oklahoma average and 14% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Noble, OK are 1% lower than the Oklahoma average and 9% lower than the national average.
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Did you know?

  • The cost of living in Noble is equal to the Oklahoma average.
  • The cost of living in Noble is 14% lower than the national average.
  • The cost of housing in Noble is 31% 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 Noble, 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 is meant to help you compare your salary in Noble, OK to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Noble, OK, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Noble, OK salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$56,506$4,709$1,318$1,695
      Renters$48,650$4,054$1,135$1,460
      One can approximate the cost of living and the housing affordability in Noble, OK by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Noble, OK have a median income of $56,506. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,318 per month to avoid calamity and poverty. The renters in the city have an income of about $48,650, which would make their monthly maximum allowable rental costs $1,135.

      Oklahoma Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Oklahoma4.5%11%

      Oklahoma Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Oklahoma0.5%5%
      When considering the overall cost of living expenses in Noble, OK, it's important to take into account the sales tax for Oklahoma, as well as the rate for income tax in Oklahoma. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Oklahoma is 11%, and the sales tax in the state of Oklahoma is 4.5%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Oklahoma starts from 0.5% and goes up to 5%.

      Goods & Services

      ItemNobleNational avg.Difference
      Haircut $18.83$17.497.7%
      Beauty Salon $36.00$38.175.7%
      Toothpaste $1.73$2.3225.5%
      Shampoo $0.82$1.0119.0%
      Movie $9.29$10.7213.4%
      Bowling $13.00$13.866.2%

      Groceries

      ItemNobleNational avg.Difference
      Ground Beef $3.64$3.906.7%
      Fried Chicken $1.26$1.409.7%
      Milk $1.97$1.960.4%
      Potatoes $3.11$3.182.3%
      Pizza $9.99$10.393.9%
      Beer $8.64$9.236.4%

      Health Care

      ItemNobleNational avg.Difference
      Optometrist $108.24$106.341.8%
      Doctor $110.90$115.253.8%
      Dentist $92.80$98.385.7%
      Ibuprofen $8.98$9.263.0%
      Lipitor $474.79$466.471.8%

      Housing

      ItemNobleNational avg.Difference
      Home Price $113,500.00$184,700.0038.5%
      Avg. Mortgage Payment $1,028.27$1,273.3219.2%
      Apartment Rent $808.00$949.0014.9%

      Transportation

      ItemNobleNational avg.Difference
      Gasoline $2.37$2.598.7%
      Tire Balancing $57.83$48.9018.3%

      Utilities

      ItemNobleNational avg.Difference
      All Electricity$161.06$167.603.9%
      Phone $181.09$163.4210.8%
      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.
      Lexington, OK2,24882-18%
      Pink, OK2,13882-18%
      Etowah, OK9483-17%
      Dibble, OK97785-15%
      Purcell, OK6,34986-14%
      Noble, OK6,66486-14%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Bridge City, LA6,66388-12%
      Skowhegan, ME6,66294-6%
      Litchfield, MN6,66797-3%
      Rancho Calaveras, CA6,66112020%
      Inniswold, LA6,66011010%
      Noble, OK6,66486-14%
      Source: The Noble, OK cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.