Cost of living in Tulsa 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 Tulsa 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 Tulsa is 85, with 100 being the average.
The cost of living index in Tulsa is 0.8x lower than the national average.
Tulsa ranks as the #33 cheapest in Oklahoma out of 74.
Tulsa ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Tulsa is $151,500.
The median income in Tulsa is $52,438.
According to the most recent data on the cost of living, Tulsa has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Oklahoma, Tulsa has a cost of living index that's 1.0x lower than Oklahoma's index of 86.
The standard of living in Tulsa ranks as #33 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Tulsa ranks as the #41 most expensive place in the Sooner State.
For more reading on life in Tulsa, check out:
Six factors go into calculating the cost of living index in Tulsa. Here is how it fairs on each of the criteria:
The Services index in Tulsa is 97.
The Groceries index in Tulsa is 95.
The Health index in Tulsa is 97.
The Housing index in Tulsa is 71.
The Transportation index in Tulsa is 86.
The Utilities index in Tulsa is 95.
Living Expense | Tulsa | Oklahoma | National Average | |
---|---|---|---|---|
Overall | 85 | 86 | 100 | |
Services | 97 | 92 | 100 | |
Groceries | 95 | 94 | 100 | |
Health | 97 | 92 | 100 | |
Housing | 71 | 70 | 100 | |
Transportation | 86 | 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 Tulsa is $151,500.
The Median Rent in Tulsa is $882.
The Median Income in Tulsa is $52,438.
The Home Value To Income in Tulsa is 2.9x.
The Rent To Monthly Income in Tulsa is 0.2x.
Statistic | Tulsa | Oklahoma | United States |
---|---|---|---|
Median Home Value | $151,500 | $150,800 | $244,900 |
Median Rent | $882 | $862 | $1,163 |
Median Income | $52,438 | $56,956 | $69,021 |
Home Value To Income | 2.9x | 2.6x | 3.5x |
Rent To Monthly Income | 0.2x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Tulsa. Here's a quick look at the cost of living in the most populous nearby places:
Broken Arrow, OK has a cost of living index of 94, 1.1x Tulsa.
Owasso, OK has a cost of living index of 91, 1.1x Tulsa.
Bixby, OK has a cost of living index of 97, 1.1x Tulsa.
City | Population | Cost Of Living | Vs. Tulsa |
---|---|---|---|
Broken Arrow, OK | 112,751 | 94 | 1.1x |
Owasso, OK | 37,559 | 91 | 1.1x |
Bixby, OK | 28,091 | 97 | 1.1x |
Jenks, OK | 25,210 | 101 | 1.2x |
Sapulpa, OK | 21,853 | 86 | 1.0x |
Sand Springs, OK | 19,935 | 86 | 1.0x |
Glenpool, OK | 13,446 | 87 | 1.0x |
Coweta, OK | 9,696 | 85 | 1.0x |
Catoosa, OK | 7,821 | 85 | 1.0x |
Collinsville, OK | 7,765 | 89 | 1.0x |