How expensive is living in Oklahoma?

The average cost of living in Oklahoma is approximately $38,650 per year, making it one of the most affordable states in the United States. According to the 2022 Cost of Living Index published by the Missouri Economic Research and Information Center (MERIC), Oklahoma ranks as the third-lowest state in terms of living expenses, trailing only Kansas and Mississippi. This low cost of living is attributed to various factors, including affordable housing, reasonable utility costs, and lower prices for goods and services compared to the national average. As a result, residents can enjoy a comfortable lifestyle without the financial strain often associated with living in more expensive states. This affordability makes Oklahoma an attractive option for individuals and families looking to relocate or settle down, as it allows for a better quality of life while maintaining financial stability.