Cost of living in Jenks 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 Jenks 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 Jenks is 101, with 100 being the average.
The cost of living index in Jenks is 1.0x higher than the national average.
Jenks ranks as the #74 cheapest in Oklahoma out of 74.
Jenks ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Jenks is $228,100.
The median income in Jenks is $91,798.
According to the most recent data on the cost of living, Jenks has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Oklahoma, Jenks has a cost of living index that's 1.2x higher than Oklahoma's index of 86.
The standard of living in Jenks ranks as #74 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Jenks ranks as the #0 most expensive place in the Sooner State.
For more reading on life in Jenks, check out:
Six factors go into calculating the cost of living index in Jenks. Here is how it fairs on each of the criteria:
The Services index in Jenks is 94.
The Groceries index in Jenks is 95.
The Health index in Jenks is 96.
The Housing index in Jenks is 111.
The Transportation index in Jenks is 86.
The Utilities index in Jenks is 93.
Living Expense | Jenks | Oklahoma | National Average | |
---|---|---|---|---|
Overall | 101 | 86 | 100 | |
Services | 94 | 92 | 100 | |
Groceries | 95 | 94 | 100 | |
Health | 96 | 92 | 100 | |
Housing | 111 | 70 | 100 | |
Transportation | 86 | 90 | 100 | |
Utilities | 93 | 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 Jenks is $228,100.
The Median Rent in Jenks is $1,312.
The Median Income in Jenks is $91,798.
The Home Value To Income in Jenks is 2.5x.
The Rent To Monthly Income in Jenks is 0.17x.
Statistic | Jenks | Oklahoma | United States |
---|---|---|---|
Median Home Value | $228,100 | $150,800 | $244,900 |
Median Rent | $1,312 | $862 | $1,163 |
Median Income | $91,798 | $56,956 | $69,021 |
Home Value To Income | 2.5x | 2.6x | 3.5x |
Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Jenks. 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, 0.8x Jenks.
Broken Arrow, OK has a cost of living index of 94, 0.9x Jenks.
Bixby, OK has a cost of living index of 97, 1.0x Jenks.
City | Population | Cost Of Living | Vs. Jenks |
---|---|---|---|
Tulsa, OK | 410,652 | 85 | 0.8x |
Broken Arrow, OK | 112,751 | 94 | 0.9x |
Bixby, OK | 28,091 | 97 | 1.0x |
Sapulpa, OK | 21,853 | 86 | 0.9x |
Sand Springs, OK | 19,935 | 86 | 0.9x |
Glenpool, OK | 13,446 | 87 | 0.9x |
Coweta, OK | 9,696 | 85 | 0.8x |
Catoosa, OK | 7,821 | 85 | 0.8x |