Cost of living in Blanchard research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Blanchard is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Oklahoma, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Blanchard is 95, with 100 being the average.
The cost of living index in Blanchard is 0.9x lower than the national average.
Blanchard ranks as the #70 cheapest in Oklahoma out of 74.
Blanchard ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Blanchard is $211,700.
The median income in Blanchard is $81,017.
According to the most recent data on the cost of living, Blanchard has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Oklahoma, Blanchard has a cost of living index that's 1.1x higher than Oklahoma's index of 86.
The standard of living in Blanchard ranks as #70 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Blanchard ranks as the #4 most expensive place in the Sooner State.
For more reading on life in Blanchard, check out:
Six factors go into calculating the cost of living index in Blanchard. Here is how it fairs on each of the criteria:
The Services index in Blanchard is 93.
The Groceries index in Blanchard is 95.
The Health index in Blanchard is 114.
The Housing index in Blanchard is 90.
The Transportation index in Blanchard is 99.
The Utilities index in Blanchard is 95.
Living Expense | Blanchard | Oklahoma | National Average | |
---|---|---|---|---|
Overall | 95 | 86 | 100 | |
Services | 93 | 92 | 100 | |
Groceries | 95 | 94 | 100 | |
Health | 114 | 92 | 100 | |
Housing | 90 | 70 | 100 | |
Transportation | 99 | 90 | 100 | |
Utilities | 95 | 97 | 100 |
Housing swings affordability the most between places in Oklahoma, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Blanchard is $211,700.
The Median Rent in Blanchard is $836.
The Median Income in Blanchard is $81,017.
The Home Value To Income in Blanchard is 2.6x.
The Rent To Monthly Income in Blanchard is 0.12x.
Statistic | Blanchard | Oklahoma | United States |
---|---|---|---|
Median Home Value | $211,700 | $150,800 | $244,900 |
Median Rent | $836 | $862 | $1,163 |
Median Income | $81,017 | $56,956 | $69,021 |
Home Value To Income | 2.6x | 2.6x | 3.5x |
Rent To Monthly Income | 0.12x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Blanchard. Here's a quick look at the cost of living in the most populous nearby places:
Norman, OK has a cost of living index of 95, 1.0x Blanchard.
Moore, OK has a cost of living index of 88, 0.9x Blanchard.
Mustang, OK has a cost of living index of 91, 1.0x Blanchard.
City | Population | Cost Of Living | Vs. Blanchard |
---|---|---|---|
Norman, OK | 125,745 | 95 | 1.0x |
Moore, OK | 62,633 | 88 | 0.9x |
Mustang, OK | 19,847 | 91 | 1.0x |
Chickasha, OK | 15,655 | 83 | 0.9x |
Newcastle, OK | 10,970 | 92 | 1.0x |
Tuttle, OK | 7,412 | 95 | 1.0x |
Noble, OK | 7,078 | 88 | 0.9x |
Purcell, OK | 6,506 | 86 | 0.9x |