Cost of living in Coweta 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 Coweta 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 Coweta is 85, with 100 being the average.
The cost of living index in Coweta is 0.8x lower than the national average.
Coweta ranks as the #33 cheapest in Oklahoma out of 74.
Coweta ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Coweta is $145,900.
The median income in Coweta is $57,368.
According to the most recent data on the cost of living, Coweta has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Oklahoma, Coweta has a cost of living index that's 1.0x lower than Oklahoma's index of 86.
The standard of living in Coweta ranks as #33 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Coweta ranks as the #41 most expensive place in the Sooner State.
For more reading on life in Coweta, check out:
Six factors go into calculating the cost of living index in Coweta. Here is how it fairs on each of the criteria:
The Services index in Coweta is 97.
The Groceries index in Coweta is 94.
The Health index in Coweta is 94.
The Housing index in Coweta is 72.
The Transportation index in Coweta is 89.
The Utilities index in Coweta is 95.
Living Expense | Coweta | Oklahoma | National Average | |
---|---|---|---|---|
Overall | 85 | 86 | 100 | |
Services | 97 | 92 | 100 | |
Groceries | 94 | 94 | 100 | |
Health | 94 | 92 | 100 | |
Housing | 72 | 70 | 100 | |
Transportation | 89 | 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 Coweta is $145,900.
The Median Rent in Coweta is $857.
The Median Income in Coweta is $57,368.
The Home Value To Income in Coweta is 2.5x.
The Rent To Monthly Income in Coweta is 0.18x.
Statistic | Coweta | Oklahoma | United States |
---|---|---|---|
Median Home Value | $145,900 | $150,800 | $244,900 |
Median Rent | $857 | $862 | $1,163 |
Median Income | $57,368 | $56,956 | $69,021 |
Home Value To Income | 2.5x | 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 Coweta. Here's a quick look at the cost of living in the most populous nearby places:
Tulsa, OK has a cost of living index of 85, 1.0x Coweta.
Broken Arrow, OK has a cost of living index of 94, 1.1x Coweta.
Bixby, OK has a cost of living index of 97, 1.1x Coweta.
City | Population | Cost Of Living | Vs. Coweta |
---|---|---|---|
Tulsa, OK | 410,652 | 85 | 1.0x |
Broken Arrow, OK | 112,751 | 94 | 1.1x |
Bixby, OK | 28,091 | 97 | 1.1x |
Jenks, OK | 25,210 | 101 | 1.2x |
Glenpool, OK | 13,446 | 87 | 1.0x |
Catoosa, OK | 7,821 | 85 | 1.0x |
Wagoner, OK | 7,694 | 77 | 0.9x |