Cost of living in Tecumseh 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 Tecumseh 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 Tecumseh is 86, with 100 being the average.
The cost of living index in Tecumseh is 0.9x lower than the national average.
Tecumseh ranks as the #39 cheapest in Oklahoma out of 74.
Tecumseh ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Tecumseh is $92,100.
The median income in Tecumseh is $52,296.
According to the most recent data on the cost of living, Tecumseh has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Oklahoma, Tecumseh has a cost of living index that's 1.0x lower than Oklahoma's index of 86.
The standard of living in Tecumseh ranks as #39 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Tecumseh ranks as the #35 most expensive place in the Sooner State.
For more reading on life in Tecumseh, check out:
Six factors go into calculating the cost of living index in Tecumseh. Here is how it fairs on each of the criteria:
The Services index in Tecumseh is 93.
The Groceries index in Tecumseh is 96.
The Health index in Tecumseh is 114.
The Housing index in Tecumseh is 58.
The Transportation index in Tecumseh is 98.
The Utilities index in Tecumseh is 94.
Living Expense | Tecumseh | Oklahoma | National Average | |
---|---|---|---|---|
Overall | 86 | 86 | 100 | |
Services | 93 | 92 | 100 | |
Groceries | 96 | 94 | 100 | |
Health | 114 | 92 | 100 | |
Housing | 58 | 70 | 100 | |
Transportation | 98 | 90 | 100 | |
Utilities | 94 | 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 Tecumseh is $92,100.
The Median Rent in Tecumseh is $814.
The Median Income in Tecumseh is $52,296.
The Home Value To Income in Tecumseh is 1.8x.
The Rent To Monthly Income in Tecumseh is 0.19x.
Statistic | Tecumseh | Oklahoma | United States |
---|---|---|---|
Median Home Value | $92,100 | $150,800 | $244,900 |
Median Rent | $814 | $862 | $1,163 |
Median Income | $52,296 | $56,956 | $69,021 |
Home Value To Income | 1.8x | 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 Tecumseh. 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 Tecumseh.
Edmond, OK has a cost of living index of 97, 1.1x Tecumseh.
Moore, OK has a cost of living index of 88, 1.0x Tecumseh.
City | Population | Cost Of Living | Vs. Tecumseh |
---|---|---|---|
Norman, OK | 125,745 | 95 | 1.1x |
Edmond, OK | 93,522 | 97 | 1.1x |
Moore, OK | 62,633 | 88 | 1.0x |
Shawnee, OK | 31,237 | 83 | 1.0x |
Mustang, OK | 19,847 | 91 | 1.1x |
Choctaw, OK | 12,130 | 91 | 1.1x |
Newcastle, OK | 10,970 | 92 | 1.1x |
Blanchard, OK | 8,511 | 95 | 1.1x |
Noble, OK | 7,078 | 88 | 1.0x |
Harrah, OK | 6,155 | 89 | 1.0x |