Warr Acres 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.
IndexWarr AcresOklahomaNational
Cost of living index8486100
IndexWarr AcresOklahomaNational
Goods & Services index9292100
Groceries index9195100
Health care index9393100
Housing index6569100
Transportation index8991100
Utilities index9796100
A general summary of the cost of living index in Warr Acres, OK is shown above. Compared to the state average of Oklahoma the cost of living index in Warr Acres, OK is 84, which is 3% lower than the average in Oklahoma and compared to the national average it is 16% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Warr Acres, OK goods and services come in at 1% lower than the average in Oklahoma and are 8% lower than compared to the nationwide average.
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Did you know?

  • The cost of living in Warr Acres is 3% lower than the Oklahoma average.
  • The cost of living in Warr Acres is 16% lower than the national average.
  • The cost of housing in Warr Acres is 35% 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 Warr Acres, OK Cost of living To Other Cities

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      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 allows you to compare how much your current salary in Warr Acres, 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 Warr Acres, OK, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Warr Acres, 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)
      Owners$55,000$4,583$1,283$1,650
      Renters$27,155$2,263$634$815
      One can approximate the cost of living and the housing affordability in Warr Acres, 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 Warr Acres, OK have a median income of $55,000. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,283 per month to avoid calamity and poverty. The renters in the city have an income of about $27,155, which would make their monthly maximum allowable rental costs $634.

      Oklahoma Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Oklahoma4.5%11%

      Oklahoma Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Oklahoma0.5%5%
      When you are determining the total cost of living in Warr Acres, OK you will want to make sure you consider both the Oklahoma sales tax and the Oklahoma income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Oklahoma is 4.5%, with the highest surtax being 11%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Oklahoma have a range from 0.5% to 5%.

      Goods & Services

      ItemWarr AcresNational avg.Difference
      Haircut $15.17$17.4913.3%
      Beauty Salon $39.67$38.173.9%
      Toothpaste $1.61$2.3230.6%
      Shampoo $0.82$1.0119.0%
      Movie $8.55$10.7220.3%
      Bowling $12.60$13.869.1%

      Groceries

      ItemWarr AcresNational avg.Difference
      Ground Beef $4.09$3.904.9%
      Fried Chicken $1.44$1.403.2%
      Milk $1.55$1.9621.0%
      Potatoes $2.42$3.1824.0%
      Pizza $9.99$10.393.9%
      Beer $8.79$9.234.8%

      Health Care

      ItemWarr AcresNational avg.Difference
      Optometrist $102.20$106.343.9%
      Doctor $96.64$115.2516.1%
      Dentist $91.00$98.387.5%
      Ibuprofen $9.21$9.260.6%
      Lipitor $475.95$466.472.0%

      Housing

      ItemWarr AcresNational avg.Difference
      Home Price $107,800.00$184,700.0041.6%
      Avg. Mortgage Payment $881.13$1,273.3230.8%
      Apartment Rent $753.00$949.0020.7%

      Transportation

      ItemWarr AcresNational avg.Difference
      Gasoline $2.21$2.5914.9%
      Tire Balancing $48.00$48.901.8%

      Utilities

      ItemWarr AcresNational avg.Difference
      All Electricity$159.15$167.605.0%
      Phone $180.91$163.4210.7%
      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.
      Valley Brook, OK80475-25%
      Spencer, OK4,00779-21%
      Del City, OK21,96281-19%
      Smith Village, OK7682-18%
      Midwest City, OK56,93083-17%
      Warr Acres, OK10,37484-16%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Santaquin, UT10,3721000%
      Minneola, FL10,37194-6%
      Sandy, OR10,36911717%
      Lake Arbor, MD10,38013131%
      Cadillac, MI10,38083-17%
      Warr Acres, OK10,37484-16%
      Source: The Warr Acres, OK cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.