Poteau, OK Cost Of Living
Cost Of Living In Poteau, OK Summary
Cost of living in Poteau 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 Poteau 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 Poteau is 76, with 100 being the average.
The cost of living index in Poteau is 0.8x lower than the national average.
Poteau ranks as the #4 cheapest in Oklahoma out of 74.
Poteau ranks as the #54 cheapest out of 6,412 in the US.
The median home value in Poteau is $120,100.
The median income in Poteau is $40,711.
Table Of Contents
Poteau's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Poteau, OK?
According to the most recent data on the cost of living, Poteau has an overall cost of living index of 76, which is 0.8x lower than the national index of 100.
Compared to Oklahoma, Poteau has a cost of living index that's 0.9x lower than Oklahoma's index of 86.
The standard of living in Poteau ranks as #4 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Poteau ranks as the #70 most expensive place in the Sooner State.
For more reading on life in Poteau, check out:
- Living In Poteau
- Poteau Crime Report
- Search Homes For Sale In Poteau, OK
In Oklahoma
In America
Poteau Cost Of Living Vs. Oklahoma
Six factors go into calculating the cost of living index in Poteau. Here is how it fairs on each of the criteria:
The Services index in Poteau is 86.
The Groceries index in Poteau is 87.
The Health index in Poteau is 83.
The Housing index in Poteau is 51.
The Transportation index in Poteau is 83.
The Utilities index in Poteau is 98.
| Living Expense | Poteau | Oklahoma | National Average | |
|---|---|---|---|---|
| Overall | 76 | 86 | 100 | |
| Services | 86 | 92 | 100 | |
| Groceries | 87 | 94 | 100 | |
| Health | 83 | 92 | 100 | |
| Housing | 51 | 70 | 100 | |
| Transportation | 83 | 90 | 100 | |
| Utilities | 98 | 97 | 100 | |
Poteau, 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 Poteau is $120,100.
The Median Rent in Poteau is $738.
The Median Income in Poteau is $40,711.
The Home Value To Income in Poteau is 3.0x.
The Rent To Monthly Income in Poteau is 0.22x.
| Statistic | Poteau | Oklahoma | United States |
|---|---|---|---|
| Median Home Value | $120,100 | $150,800 | $244,900 |
| Median Rent | $738 | $862 | $1,163 |
| Median Income | $40,711 | $56,956 | $69,021 |
| Home Value To Income | 3.0x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Poteau, OK Costs By Category
Detailed Poteau Services Costs Vs. Oklahoma
Detailed Poteau Groceries Costs Vs. Oklahoma
Detailed Poteau Health Costs Vs. Oklahoma
Detailed Poteau Transportation Costs Vs. Oklahoma
Detailed Poteau Utilities Costs Vs. Oklahoma
Poteau SnackAbility
/10
Cost Of Living In Cities Around Poteau
The cost of living varies in the cities and towns around Poteau. Here's a quick look at the cost of living in the most populous nearby places:
Fort Smith, AR has a cost of living index of 83, 1.1x Poteau.
Van Buren, AR has a cost of living index of 83, 1.1x Poteau.
Greenwood, AR has a cost of living index of 84, 1.1x Poteau.
| City | Population | Cost Of Living | Vs. Poteau |
|---|---|---|---|
| Fort Smith, AR | 89,116 | 83 | 1.1x |
| Van Buren, AR | 23,213 | 83 | 1.1x |
| Greenwood, AR | 9,498 | 84 | 1.1x |
| Sallisaw, OK | 8,503 | 78 | 1.0x |
| Alma, AR | 5,806 | 86 | 1.1x |
| Mena, AR | 5,626 | 79 | 1.0x |
