Cost of living in McAlester 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 McAlester 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 McAlester is 78, with 100 being the average.
The cost of living index in McAlester is 0.8x lower than the national average.
McAlester ranks as the #9 cheapest in Oklahoma out of 74.
McAlester ranks as the #113 cheapest out of 6,412 in the US.
The median home value in McAlester is $110,900.
The median income in McAlester is $44,890.
According to the most recent data on the cost of living, McAlester has an overall cost of living index of 78, which is 0.8x lower than the national index of 100.
Compared to Oklahoma, McAlester has a cost of living index that's 0.9x lower than Oklahoma's index of 86.
The standard of living in McAlester ranks as #9 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies McAlester ranks as the #65 most expensive place in the Sooner State.
For more reading on life in McAlester, check out:
Six factors go into calculating the cost of living index in McAlester. Here is how it fairs on each of the criteria:
The Services index in McAlester is 84.
The Groceries index in McAlester is 89.
The Health index in McAlester is 82.
The Housing index in McAlester is 62.
The Transportation index in McAlester is 83.
The Utilities index in McAlester is 98.
Living Expense | McAlester | Oklahoma | National Average | |
---|---|---|---|---|
Overall | 78 | 86 | 100 | |
Services | 84 | 92 | 100 | |
Groceries | 89 | 94 | 100 | |
Health | 82 | 92 | 100 | |
Housing | 62 | 70 | 100 | |
Transportation | 83 | 90 | 100 | |
Utilities | 98 | 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 McAlester is $110,900.
The Median Rent in McAlester is $770.
The Median Income in McAlester is $44,890.
The Home Value To Income in McAlester is 2.5x.
The Rent To Monthly Income in McAlester is 0.21x.
Statistic | McAlester | Oklahoma | United States |
---|---|---|---|
Median Home Value | $110,900 | $150,800 | $244,900 |
Median Rent | $770 | $862 | $1,163 |
Median Income | $44,890 | $56,956 | $69,021 |
Home Value To Income | 2.5x | 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 McAlester. Here's a quick look at the cost of living in the most populous nearby places:
Okmulgee, OK has a cost of living index of 73, 0.9x McAlester.
Holdenville, OK has a cost of living index of 76, 1.0x McAlester.
Henryetta, OK has a cost of living index of 72, 0.9x McAlester.
City | Population | Cost Of Living | Vs. McAlester |
---|---|---|---|
Okmulgee, OK | 11,330 | 73 | 0.9x |
Holdenville, OK | 5,753 | 76 | 1.0x |
Henryetta, OK | 5,667 | 72 | 0.9x |