Cost of living in Ponca 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 Ponca 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 Ponca City is 82, with 100 being the average.
The cost of living index in Ponca City is 0.8x lower than the national average.
Ponca City ranks as the #19 cheapest in Oklahoma out of 74.
Ponca City ranks as the #377 cheapest out of 6,412 in the US.
The median home value in Ponca City is $102,600.
The median income in Ponca City is $47,236.
According to the most recent data on the cost of living, Ponca City has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Oklahoma, Ponca City has a cost of living index that's 1.0x lower than Oklahoma's index of 86.
The standard of living in Ponca City ranks as #19 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Ponca City ranks as the #55 most expensive place in the Sooner State.
For more reading on life in Ponca City, check out:
Six factors go into calculating the cost of living index in Ponca City. Here is how it fairs on each of the criteria:
The Services index in Ponca City is 87.
The Groceries index in Ponca City is 96.
The Health index in Ponca City is 86.
The Housing index in Ponca City is 54.
The Transportation index in Ponca City is 101.
The Utilities index in Ponca City is 98.
Living Expense | Ponca City | Oklahoma | National Average | |
---|---|---|---|---|
Overall | 82 | 86 | 100 | |
Services | 87 | 92 | 100 | |
Groceries | 96 | 94 | 100 | |
Health | 86 | 92 | 100 | |
Housing | 54 | 70 | 100 | |
Transportation | 101 | 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 Ponca City is $102,600.
The Median Rent in Ponca City is $725.
The Median Income in Ponca City is $47,236.
The Home Value To Income in Ponca City is 2.2x.
The Rent To Monthly Income in Ponca City is 0.18x.
Statistic | Ponca City | Oklahoma | United States |
---|---|---|---|
Median Home Value | $102,600 | $150,800 | $244,900 |
Median Rent | $725 | $862 | $1,163 |
Median Income | $47,236 | $56,956 | $69,021 |
Home Value To Income | 2.2x | 2.6x | 3.5x |
Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Item | Ponca City | Oklahoma |
---|---|---|
Shampoo | $1.12 | $1.06 |
Movie | $7.4 | $10.68 |
Bowling | $15.0 | $14.67 |
Haircut | $12.0 | $18.62 |
Beauty Salon | $28.5 | $39.05 |
Item | Ponca City | Oklahoma |
---|---|---|
Ground Beef | $3.88 | $4.22 |
Fried Chicken | $1.24 | $1.39 |
Milk | $1.96 | $2.05 |
Potatoes | $2.66 | $3.29 |
Pizza | $9.37 | $10.62 |
Beer | $8.57 | $9.38 |
Toothpaste | $1.91 | $2.34 |
Item | Ponca City | Oklahoma |
---|---|---|
Optometrist | $103.25 | $108.57 |
Doctor | $65.42 | $116.17 |
Dentist | $97.44 | $99.13 |
Item | Ponca City | Oklahoma |
---|---|---|
Gasoline | $2.06 | $2.22 |
Tire Balancing | $57.11 | $50.07 |
Item | Ponca City | Oklahoma |
---|---|---|
All Electricity | $159.76 | $167.67 |
Phone | $188.79 | $175.64 |