Cost of living in Lone Grove 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 Lone Grove 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 Lone Grove is 90, with 100 being the average.
The cost of living index in Lone Grove is 0.9x lower than the national average.
Lone Grove ranks as the #58 cheapest in Oklahoma out of 74.
Lone Grove ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Lone Grove is $147,000.
The median income in Lone Grove is $65,434.
According to the most recent data on the cost of living, Lone Grove has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Oklahoma, Lone Grove has a cost of living index that's 1.0x higher than Oklahoma's index of 86.
The standard of living in Lone Grove ranks as #58 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Lone Grove ranks as the #16 most expensive place in the Sooner State.
For more reading on life in Lone Grove, check out:
Six factors go into calculating the cost of living index in Lone Grove. Here is how it fairs on each of the criteria:
The Services index in Lone Grove is 103.
The Groceries index in Lone Grove is 101.
The Health index in Lone Grove is 85.
The Housing index in Lone Grove is 67.
The Transportation index in Lone Grove is 91.
The Utilities index in Lone Grove is 97.
Living Expense | Lone Grove | Oklahoma | National Average | |
---|---|---|---|---|
Overall | 90 | 86 | 100 | |
Services | 103 | 92 | 100 | |
Groceries | 101 | 94 | 100 | |
Health | 85 | 92 | 100 | |
Housing | 67 | 70 | 100 | |
Transportation | 91 | 90 | 100 | |
Utilities | 97 | 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 Lone Grove is $147,000.
The Median Rent in Lone Grove is $807.
The Median Income in Lone Grove is $65,434.
The Home Value To Income in Lone Grove is 2.2x.
The Rent To Monthly Income in Lone Grove is 0.15x.
Statistic | Lone Grove | Oklahoma | United States |
---|---|---|---|
Median Home Value | $147,000 | $150,800 | $244,900 |
Median Rent | $807 | $862 | $1,163 |
Median Income | $65,434 | $56,956 | $69,021 |
Home Value To Income | 2.2x | 2.6x | 3.5x |
Rent To Monthly Income | 0.15x | 0.18x | 0.2x |
Item | Lone Grove | Oklahoma |
---|---|---|
Shampoo | $1.14 | $1.06 |
Movie | $11.66 | $10.68 |
Bowling | $14.17 | $14.67 |
Haircut | $15.74 | $18.62 |
Beauty Salon | $27.78 | $39.05 |
Item | Lone Grove | Oklahoma |
---|---|---|
Ground Beef | $4.84 | $4.22 |
Fried Chicken | $1.58 | $1.39 |
Milk | $2.01 | $2.05 |
Potatoes | $2.86 | $3.29 |
Pizza | $11.99 | $10.62 |
Beer | $9.22 | $9.38 |
Toothpaste | $2.02 | $2.34 |
Item | Lone Grove | Oklahoma |
---|---|---|
Optometrist | $106.5 | $108.57 |
Doctor | $90.0 | $116.17 |
Dentist | $92.54 | $99.13 |
Item | Lone Grove | Oklahoma |
---|---|---|
Gasoline | $2.0 | $2.22 |
Tire Balancing | $44.0 | $50.07 |
Item | Lone Grove | Oklahoma |
---|---|---|
All Electricity | $155.45 | $167.67 |
Phone | $189.11 | $175.64 |
The cost of living varies in the cities and towns around Lone Grove. Here's a quick look at the cost of living in the most populous nearby places:
Ardmore, OK has a cost of living index of 87, 1.0x Lone Grove.
Denison, TX has a cost of living index of 83, 0.9x Lone Grove.
Duncan, OK has a cost of living index of 86, 1.0x Lone Grove.
City | Population | Cost Of Living | Vs. Lone Grove |
---|---|---|---|
Ardmore, OK | 24,829 | 87 | 1.0x |
Denison, TX | 24,324 | 83 | 0.9x |
Duncan, OK | 22,664 | 86 | 1.0x |
Gainesville, TX | 17,146 | 84 | 0.9x |
Pauls Valley, OK | 6,030 | 83 | 0.9x |