Choctaw, OK Cost Of Living
Cost Of Living In Choctaw, OK Summary
Cost of living in Choctaw 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 Choctaw 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 Choctaw is 91, with 100 being the average.
The cost of living index in Choctaw is 0.9x lower than the national average.
Choctaw ranks as the #61 cheapest in Oklahoma out of 74.
Choctaw ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Choctaw is $184,500.
The median income in Choctaw is $81,081.
Table Of Contents
Choctaw's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Choctaw, OK?
According to the most recent data on the cost of living, Choctaw has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Oklahoma, Choctaw has a cost of living index that's 1.1x higher than Oklahoma's index of 86.
The standard of living in Choctaw ranks as #61 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Choctaw ranks as the #13 most expensive place in the Sooner State.
For more reading on life in Choctaw, check out:
- Living In Choctaw
- Choctaw Crime Report
- Search Homes For Sale In Choctaw, OK
In Oklahoma
In America
Choctaw Cost Of Living Vs. Oklahoma
Six factors go into calculating the cost of living index in Choctaw. Here is how it fairs on each of the criteria:
The Services index in Choctaw is 92.
The Groceries index in Choctaw is 90.
The Health index in Choctaw is 96.
The Housing index in Choctaw is 89.
The Transportation index in Choctaw is 90.
The Utilities index in Choctaw is 98.
| Living Expense | Choctaw | Oklahoma | National Average | |
|---|---|---|---|---|
| Overall | 91 | 86 | 100 | |
| Services | 92 | 92 | 100 | |
| Groceries | 90 | 94 | 100 | |
| Health | 96 | 92 | 100 | |
| Housing | 89 | 70 | 100 | |
| Transportation | 90 | 90 | 100 | |
| Utilities | 98 | 97 | 100 | |
Choctaw, OK Housing Cost Breakdown
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 Choctaw is $184,500.
The Median Rent in Choctaw is $1,078.
The Median Income in Choctaw is $81,081.
The Home Value To Income in Choctaw is 2.3x.
The Rent To Monthly Income in Choctaw is 0.16x.
| Statistic | Choctaw | Oklahoma | United States |
|---|---|---|---|
| Median Home Value | $184,500 | $150,800 | $244,900 |
| Median Rent | $1,078 | $862 | $1,163 |
| Median Income | $81,081 | $56,956 | $69,021 |
| Home Value To Income | 2.3x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Choctaw, OK Costs By Category
Detailed Choctaw Services Costs Vs. Oklahoma
Detailed Choctaw Groceries Costs Vs. Oklahoma
Detailed Choctaw Health Costs Vs. Oklahoma
Detailed Choctaw Transportation Costs Vs. Oklahoma
Detailed Choctaw Utilities Costs Vs. Oklahoma
Choctaw SnackAbility
/10
Cost Of Living In Cities Around Choctaw
The cost of living varies in the cities and towns around Choctaw. 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 Choctaw.
Edmond, OK has a cost of living index of 97, 1.1x Choctaw.
Moore, OK has a cost of living index of 88, 1.0x Choctaw.
| City | Population | Cost Of Living | Vs. Choctaw |
|---|---|---|---|
| Norman, OK | 125,745 | 95 | 1.0x |
| Edmond, OK | 93,522 | 97 | 1.1x |
| Moore, OK | 62,633 | 88 | 1.0x |
| Shawnee, OK | 31,237 | 83 | 0.9x |
| Warr Acres, OK | 10,443 | 85 | 0.9x |
| Harrah, OK | 6,155 | 89 | 1.0x |
