Cost of living in Shawnee 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 Shawnee 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 Shawnee is 83, with 100 being the average.
The cost of living index in Shawnee is 0.8x lower than the national average.
Shawnee ranks as the #24 cheapest in Oklahoma out of 74.
Shawnee ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Shawnee is $121,900.
The median income in Shawnee is $47,649.
According to the most recent data on the cost of living, Shawnee has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Oklahoma, Shawnee has a cost of living index that's 1.0x lower than Oklahoma's index of 86.
The standard of living in Shawnee ranks as #24 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Shawnee ranks as the #50 most expensive place in the Sooner State.
For more reading on life in Shawnee, check out:
Six factors go into calculating the cost of living index in Shawnee. Here is how it fairs on each of the criteria:
The Services index in Shawnee is 94.
The Groceries index in Shawnee is 94.
The Health index in Shawnee is 115.
The Housing index in Shawnee is 58.
The Transportation index in Shawnee is 99.
The Utilities index in Shawnee is 98.
Living Expense | Shawnee | Oklahoma | National Average | |
---|---|---|---|---|
Overall | 83 | 86 | 100 | |
Services | 94 | 92 | 100 | |
Groceries | 94 | 94 | 100 | |
Health | 115 | 92 | 100 | |
Housing | 58 | 70 | 100 | |
Transportation | 99 | 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 Shawnee is $121,900.
The Median Rent in Shawnee is $769.
The Median Income in Shawnee is $47,649.
The Home Value To Income in Shawnee is 2.6x.
The Rent To Monthly Income in Shawnee is 0.19x.
Statistic | Shawnee | Oklahoma | United States |
---|---|---|---|
Median Home Value | $121,900 | $150,800 | $244,900 |
Median Rent | $769 | $862 | $1,163 |
Median Income | $47,649 | $56,956 | $69,021 |
Home Value To Income | 2.6x | 2.6x | 3.5x |
Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Shawnee. Here's a quick look at the cost of living in the most populous nearby places:
Choctaw, OK has a cost of living index of 91, 1.1x Shawnee.
Seminole, OK has a cost of living index of 78, 0.9x Shawnee.
Tecumseh, OK has a cost of living index of 86, 1.0x Shawnee.
City | Population | Cost Of Living | Vs. Shawnee |
---|---|---|---|
Choctaw, OK | 12,130 | 91 | 1.1x |
Seminole, OK | 7,131 | 78 | 0.9x |
Tecumseh, OK | 6,356 | 86 | 1.0x |
Harrah, OK | 6,155 | 89 | 1.1x |