| Index | Okmulgee | Oklahoma | National |
| Cost of living | 81 | 88 | 100 |
| Groceries | 94 | 96 | 100 |
| Health care | 98 | 95 | 100 |
| Housing | 47 | 70 | 100 |
| Transportation | 98 | 96 | 100 |
| Utilities | 98 | 96 | 100 |
| Lifestyle & Entertainment | 89 | 94 | 100 |
| Household Items | 99 | 97 | 100 |
| Education & Childcare | 91 | 93 | 100 |
Getting a feel for the cost of living in Okmulgee is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Okmulgee is 81, which is 19% lower than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
Housing expenses can absorb a substantial portion of your net income, sometimes exceeding 30%. Thankfully, Okmulgee stands out by reporting housing costs that are 52.5% lower than the national average. This signifies that both homeownership and rental expenses in this region are considerably more budget-friendly compared to the rest of the country. With such favorable housing affordability, residents of Okmulgee can allocate a more reasonable portion of their income to housing, allowing for greater financial flexibility.
Is Okmulgee 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 Okmulgee, the median home price is 61.3% lower than the national average and monthly rent prices are 31.9% lower than the typical rates. Additionally, the median income levels play a role in affordability, with Okmulgee boasting a median household income of $47,649, 41.4% lower than the national average.
Subsidies: Certain regions may provide government subsidies or assistance initiatives designed to alleviate the cost of living burden on their residents. These programs encompass a wide range of support mechanisms, such as Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas with fewer subsidy offerings might experience an elevation in their cost of living.
Housing: High demand for housing in desirable locations can drive up property prices and rental rates. This can be a primary contributor to a higher cost of living. While low demand for housing, especially in undesirable locations, can have the reverse effect and drive prices down, resulting in a lower cost of living. The housing index in Okmulgee, is 52.5% lower than the national average.
Transportation: In situations where public transportation is limited or nonexistent, local residents may be required to own and maintain their own vehicles, contributing to an elevated cost of living. Monthly expenditures may encompass fuel costs, insurance premiums, routine vehicle upkeep and possibly lease or financing payments. In Okmulgee, the transportation index is 1.9% lower than the national average.
The Okmulgee cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $65,045 | $5,420 | $1,518 | $1,952 |
| Renters | $35,754 | $2,980 | $834 | $1,073 |
| 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. |
| Hitchita, OK | 62 | 73 | 26.6% |
| Hoffman, OK | 107 | 79 | 21.2% |
| Henryetta, OK | 5,789 | 80 | 19.6% |
| Grayson, OK | 183 | 81 | 19.4% |
| Dewar, OK | 830 | 81 | 19.0% |
| Okmulgee, OK | 12,018 | 81 | 19.0% |
| City | Population | Cost of Living Index | National Avg. |
| Freehold, NJ | 12,020 | 129 | 28.5% |
| Kings, Subd. B, NS | 12,020 | n/a | |
| Evanston, WY | 12,021 | 97 | 3.2% |
| Rawdon, QC | 12,021 | n/a | |
| Adjala-Tosorontio, ON | 12,021 | n/a | |
| Okmulgee, OK | 12,018 | 81 | 19.0% |
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