Cost of living in Midwest City 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 Midwest City 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 Midwest City is 83, with 100 being the average.
The cost of living index in Midwest City is 0.8x lower than the national average.
Midwest City ranks as the #24 cheapest in Oklahoma out of 74.
Midwest City ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Midwest City is $122,600.
The median income in Midwest City is $52,196.
According to the most recent data on the cost of living, Midwest City has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Oklahoma, Midwest City has a cost of living index that's 1.0x lower than Oklahoma's index of 86.
The standard of living in Midwest City ranks as #24 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Midwest City ranks as the #50 most expensive place in the Sooner State.
For more reading on life in Midwest City, check out:
Six factors go into calculating the cost of living index in Midwest City. Here is how it fairs on each of the criteria:
The Services index in Midwest City is 94.
The Groceries index in Midwest City is 92.
The Health index in Midwest City is 96.
The Housing index in Midwest City is 63.
The Transportation index in Midwest City is 89.
The Utilities index in Midwest City is 95.
Living Expense | Midwest City | Oklahoma | National Average | |
---|---|---|---|---|
Overall | 83 | 86 | 100 | |
Services | 94 | 92 | 100 | |
Groceries | 92 | 94 | 100 | |
Health | 96 | 92 | 100 | |
Housing | 63 | 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 Midwest City is $122,600.
The Median Rent in Midwest City is $911.
The Median Income in Midwest City is $52,196.
The Home Value To Income in Midwest City is 2.3x.
The Rent To Monthly Income in Midwest City is 0.21x.
Statistic | Midwest City | Oklahoma | United States |
---|---|---|---|
Median Home Value | $122,600 | $150,800 | $244,900 |
Median Rent | $911 | $862 | $1,163 |
Median Income | $52,196 | $56,956 | $69,021 |
Home Value To Income | 2.3x | 2.6x | 3.5x |
Rent To Monthly Income | 0.21x | 0.18x | 0.2x |
Item | Midwest City | Oklahoma |
---|---|---|
Shampoo | $0.97 | $1.06 |
Movie | $10.01 | $10.68 |
Bowling | $11.83 | $14.67 |
Haircut | $16.05 | $18.62 |
Beauty Salon | $40.17 | $39.05 |
Item | Midwest City | Oklahoma |
---|---|---|
Ground Beef | $4.04 | $4.22 |
Fried Chicken | $1.34 | $1.39 |
Milk | $1.87 | $2.05 |
Potatoes | $2.52 | $3.29 |
Pizza | $10.28 | $10.62 |
Beer | $8.66 | $9.38 |
Toothpaste | $2.1 | $2.34 |
Item | Midwest City | Oklahoma |
---|---|---|
Optometrist | $102.53 | $108.57 |
Doctor | $112.21 | $116.17 |
Dentist | $93.98 | $99.13 |
Item | Midwest City | Oklahoma |
---|---|---|
Gasoline | $1.9 | $2.22 |
Tire Balancing | $48.99 | $50.07 |
Item | Midwest City | Oklahoma |
---|---|---|
All Electricity | $150.95 | $167.67 |
Phone | $188.36 | $175.64 |