Cost of living in Purcell 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 Purcell 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 Purcell is 86, with 100 being the average.
The cost of living index in Purcell is 0.9x lower than the national average.
Purcell ranks as the #39 cheapest in Oklahoma out of 74.
Purcell ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Purcell is $146,200.
The median income in Purcell is $59,063.
According to the most recent data on the cost of living, Purcell has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Oklahoma, Purcell has a cost of living index that's 1.0x lower than Oklahoma's index of 86.
The standard of living in Purcell ranks as #39 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Purcell ranks as the #35 most expensive place in the Sooner State.
For more reading on life in Purcell, check out:
Six factors go into calculating the cost of living index in Purcell. Here is how it fairs on each of the criteria:
The Services index in Purcell is 92.
The Groceries index in Purcell is 97.
The Health index in Purcell is 115.
The Housing index in Purcell is 68.
The Transportation index in Purcell is 99.
The Utilities index in Purcell is 95.
Living Expense | Purcell | Oklahoma | National Average | |
---|---|---|---|---|
Overall | 86 | 86 | 100 | |
Services | 92 | 92 | 100 | |
Groceries | 97 | 94 | 100 | |
Health | 115 | 92 | 100 | |
Housing | 68 | 70 | 100 | |
Transportation | 99 | 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 Purcell is $146,200.
The Median Rent in Purcell is $791.
The Median Income in Purcell is $59,063.
The Home Value To Income in Purcell is 2.5x.
The Rent To Monthly Income in Purcell is 0.16x.
Statistic | Purcell | Oklahoma | United States |
---|---|---|---|
Median Home Value | $146,200 | $150,800 | $244,900 |
Median Rent | $791 | $862 | $1,163 |
Median Income | $59,063 | $56,956 | $69,021 |
Home Value To Income | 2.5x | 2.6x | 3.5x |
Rent To Monthly Income | 0.16x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Purcell. Here's a quick look at the cost of living in the most populous nearby places:
Norman, OK has a cost of living index of 95, 1.1x Purcell.
Newcastle, OK has a cost of living index of 92, 1.1x Purcell.
Blanchard, OK has a cost of living index of 95, 1.1x Purcell.
City | Population | Cost Of Living | Vs. Purcell |
---|---|---|---|
Norman, OK | 125,745 | 95 | 1.1x |
Newcastle, OK | 10,970 | 92 | 1.1x |
Blanchard, OK | 8,511 | 95 | 1.1x |
Noble, OK | 7,078 | 88 | 1.0x |