Cost of living in Claremore 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 Claremore 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 Claremore is 87, with 100 being the average.
The cost of living index in Claremore is 0.9x lower than the national average.
Claremore ranks as the #47 cheapest in Oklahoma out of 74.
Claremore ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Claremore is $136,200.
The median income in Claremore is $52,103.
According to the most recent data on the cost of living, Claremore has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Oklahoma, Claremore has a cost of living index that's 1.0x higher than Oklahoma's index of 86.
The standard of living in Claremore ranks as #47 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Claremore ranks as the #27 most expensive place in the Sooner State.
For more reading on life in Claremore, check out:
Six factors go into calculating the cost of living index in Claremore. Here is how it fairs on each of the criteria:
The Services index in Claremore is 91.
The Groceries index in Claremore is 100.
The Health index in Claremore is 93.
The Housing index in Claremore is 72.
The Transportation index in Claremore is 83.
The Utilities index in Claremore is 102.
Living Expense | Claremore | Oklahoma | National Average | |
---|---|---|---|---|
Overall | 87 | 86 | 100 | |
Services | 91 | 92 | 100 | |
Groceries | 100 | 94 | 100 | |
Health | 93 | 92 | 100 | |
Housing | 72 | 70 | 100 | |
Transportation | 83 | 90 | 100 | |
Utilities | 102 | 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 Claremore is $136,200.
The Median Rent in Claremore is $892.
The Median Income in Claremore is $52,103.
The Home Value To Income in Claremore is 2.6x.
The Rent To Monthly Income in Claremore is 0.21x.
Statistic | Claremore | Oklahoma | United States |
---|---|---|---|
Median Home Value | $136,200 | $150,800 | $244,900 |
Median Rent | $892 | $862 | $1,163 |
Median Income | $52,103 | $56,956 | $69,021 |
Home Value To Income | 2.6x | 2.6x | 3.5x |
Rent To Monthly Income | 0.21x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Claremore. Here's a quick look at the cost of living in the most populous nearby places:
Owasso, OK has a cost of living index of 91, 1.0x Claremore.
Pryor Creek, OK has a cost of living index of 83, 1.0x Claremore.
Catoosa, OK has a cost of living index of 85, 1.0x Claremore.
City | Population | Cost Of Living | Vs. Claremore |
---|---|---|---|
Owasso, OK | 37,559 | 91 | 1.0x |
Pryor Creek, OK | 9,439 | 83 | 1.0x |
Catoosa, OK | 7,821 | 85 | 1.0x |
Collinsville, OK | 7,765 | 89 | 1.0x |