Mustang, OK Cost Of Living
Cost Of Living In Mustang, OK Summary
Cost of living in Mustang 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 Mustang 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 Mustang is 91, with 100 being the average.
The cost of living index in Mustang is 0.9x lower than the national average.
Mustang ranks as the #61 cheapest in Oklahoma out of 74.
Mustang ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Mustang is $180,300.
The median income in Mustang is $80,817.
Table Of Contents
Mustang's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Mustang, OK?
According to the most recent data on the cost of living, Mustang has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Oklahoma, Mustang has a cost of living index that's 1.1x higher than Oklahoma's index of 86.
The standard of living in Mustang ranks as #61 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Mustang ranks as the #13 most expensive place in the Sooner State.
For more reading on life in Mustang, check out:
- Living In Mustang
- Mustang Crime Report
- Search Homes For Sale In Mustang, OK
In Oklahoma
In America
Mustang Cost Of Living Vs. Oklahoma
Six factors go into calculating the cost of living index in Mustang. Here is how it fairs on each of the criteria:
The Services index in Mustang is 92.
The Groceries index in Mustang is 89.
The Health index in Mustang is 100.
The Housing index in Mustang is 86.
The Transportation index in Mustang is 90.
The Utilities index in Mustang is 97.
| Living Expense | Mustang | Oklahoma | National Average | |
|---|---|---|---|---|
| Overall | 91 | 86 | 100 | |
| Services | 92 | 92 | 100 | |
| Groceries | 89 | 94 | 100 | |
| Health | 100 | 92 | 100 | |
| Housing | 86 | 70 | 100 | |
| Transportation | 90 | 90 | 100 | |
| Utilities | 97 | 97 | 100 | |
Mustang, OK Housing Cost Breakdown
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 Mustang is $180,300.
The Median Rent in Mustang is $1,104.
The Median Income in Mustang is $80,817.
The Home Value To Income in Mustang is 2.2x.
The Rent To Monthly Income in Mustang is 0.16x.
| Statistic | Mustang | Oklahoma | United States |
|---|---|---|---|
| Median Home Value | $180,300 | $150,800 | $244,900 |
| Median Rent | $1,104 | $862 | $1,163 |
| Median Income | $80,817 | $56,956 | $69,021 |
| Home Value To Income | 2.2x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Mustang, OK Costs By Category
Detailed Mustang Services Costs Vs. Oklahoma
Detailed Mustang Groceries Costs Vs. Oklahoma
Detailed Mustang Health Costs Vs. Oklahoma
Detailed Mustang Transportation Costs Vs. Oklahoma
Detailed Mustang Utilities Costs Vs. Oklahoma
Mustang SnackAbility
/10
Cost Of Living In Cities Around Mustang
The cost of living varies in the cities and towns around Mustang. Here's a quick look at the cost of living in the most populous nearby places:
Moore, OK has a cost of living index of 88, 1.0x Mustang.
Yukon, OK has a cost of living index of 89, 1.0x Mustang.
Bethany, OK has a cost of living index of 87, 1.0x Mustang.
| City | Population | Cost Of Living | Vs. Mustang |
|---|---|---|---|
| Moore, OK | 62,633 | 88 | 1.0x |
| Yukon, OK | 23,697 | 89 | 1.0x |
| Bethany, OK | 20,542 | 87 | 1.0x |
| El Reno, OK | 17,164 | 84 | 0.9x |
| Newcastle, OK | 10,970 | 92 | 1.0x |
| Warr Acres, OK | 10,443 | 85 | 0.9x |
| Blanchard, OK | 8,511 | 95 | 1.0x |
| Tuttle, OK | 7,412 | 95 | 1.0x |
| Piedmont, OK | 7,306 | 94 | 1.0x |
