Cost Of Living in Oakwood, OK

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4%

Overall NAT. AVG.

4%

Groceries NAT. AVG.

100%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Oakwood	Oklahoma	National
Cost of living	96	88	100
Groceries	96	96	100
Health care	98	95	100
Housing	n/a	70	100
Transportation	95	96	100
Utilities	94	96	100
Lifestyle & Entertainment	95	94	100
Household Items	97	97	100
Education & Childcare	97	93	100

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Homes For Sale In Oakwood, OK

acreage Oakwood

Ringwood, OK

Cost Of Living Quick Facts

The cost of living in Oakwood is 9% higher than the Oklahoma average
The cost of living in Oakwood is 4% lower than the national average
Oakwood housing is 23% 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

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$93,906	$7,826	$2,191	$2,817
Renters	$0	$0	$0	$0

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%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Putnam, OK	71	72	27.8%
Longdale, OK	224	77	22.9%
Canton, OK	481	80	20.0%
Taloga, OK	338	81	19.0%
Thomas, OK	1,284	84	16.0%
Oakwood, OK	69	96	3.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Marie, AR	69	87	13.4%
Washington Park, AZ	69	114	13.5%
Keddie, CA	69	118	18.1%
Sunny Slopes, CA	69	126	26.4%
Beaver, IA	69	75	25.2%
Oakwood, OK	69	96	3.9%