Cost of living in Chickasha 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 Chickasha 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 Chickasha is 83, with 100 being the average.
The cost of living index in Chickasha is 0.8x lower than the national average.
Chickasha ranks as the #24 cheapest in Oklahoma out of 74.
Chickasha ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Chickasha is $92,000.
The median income in Chickasha is $50,753.
According to the most recent data on the cost of living, Chickasha has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Oklahoma, Chickasha has a cost of living index that's 1.0x lower than Oklahoma's index of 86.
The standard of living in Chickasha ranks as #24 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Chickasha ranks as the #50 most expensive place in the Sooner State.
For more reading on life in Chickasha, check out:
Six factors go into calculating the cost of living index in Chickasha. Here is how it fairs on each of the criteria:
The Services index in Chickasha is 93.
The Groceries index in Chickasha is 93.
The Health index in Chickasha is 115.
The Housing index in Chickasha is 54.
The Transportation index in Chickasha is 99.
The Utilities index in Chickasha is 95.
Living Expense | Chickasha | Oklahoma | National Average | |
---|---|---|---|---|
Overall | 83 | 86 | 100 | |
Services | 93 | 92 | 100 | |
Groceries | 93 | 94 | 100 | |
Health | 115 | 92 | 100 | |
Housing | 54 | 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 Chickasha is $92,000.
The Median Rent in Chickasha is $767.
The Median Income in Chickasha is $50,753.
The Home Value To Income in Chickasha is 1.8x.
The Rent To Monthly Income in Chickasha is 0.18x.
Statistic | Chickasha | Oklahoma | United States |
---|---|---|---|
Median Home Value | $92,000 | $150,800 | $244,900 |
Median Rent | $767 | $862 | $1,163 |
Median Income | $50,753 | $56,956 | $69,021 |
Home Value To Income | 1.8x | 2.6x | 3.5x |
Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Chickasha. 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, 1.1x Chickasha.
Moore, OK has a cost of living index of 88, 1.1x Chickasha.
Yukon, OK has a cost of living index of 89, 1.1x Chickasha.
City | Population | Cost Of Living | Vs. Chickasha |
---|---|---|---|
Norman, OK | 125,745 | 95 | 1.1x |
Moore, OK | 62,633 | 88 | 1.1x |
Yukon, OK | 23,697 | 89 | 1.1x |
Mustang, OK | 19,847 | 91 | 1.1x |
Choctaw, OK | 12,130 | 91 | 1.1x |
Newcastle, OK | 10,970 | 92 | 1.1x |
Blanchard, OK | 8,511 | 95 | 1.1x |
Piedmont, OK | 7,306 | 94 | 1.1x |
Noble, OK | 7,078 | 88 | 1.1x |
Anadarko, OK | 6,182 | 80 | 1.0x |