Oklahoma by the numbers

A decision-oriented profile: what it costs to live here, what the job market looks like, and how it stacks up against where you are now. Every figure identifies its source and vintage.

Price level (all items)87.8−12.2% vs US avg · rank 49/51 BEA RPP SARPP. Source: BEA Regional Price Parities · SARPP · 2024 vintage · released February 19, 2026 · Official API
Unemployment4.3%July 2026 (prelim.) BLS LAUS LAUS. Source: BLS Local Area Unemployment Statistics · LAUS · July 2026 vintage · released Aug. 21, 2026 · Official API
Median rent$1,014/moCensus ACS ACS5. Source: US Census ACS 5-Year Estimates · ACS5 · 2024 vintage · released December 2025 · Official API
Median home value$199,800Census ACS ACS5. Source: US Census ACS 5-Year Estimates · ACS5 · 2024 vintage · released December 2025 · Official API

The bottom line on Oklahoma

The cost-of-living picture

Overall prices in Oklahoma run at 87.8 on the BEA index, where 100 is the US average — among the most affordable states in the country. That puts it 12% below the national level, the 3rd-cheapest state of 51. The single biggest factor is housing rents, which sits at 62.8 — 37% below the national norm.

Housing

The typical renter pays $1,014 a month — 28% below the national median of $1,413, the 42nd-highest rent in the country. Buying is a bigger gap: the median home is worth $199,800, 40% below the national median. 65.8% of homes are owner-occupied, making it roughly typical in its owner/renter split. The statewide median gross-rent-to-income ratio is 28.4%, below the commonly used 30% cost-burden threshold. Owner-occupied homes report median real estate taxes of $1,599 a year; that figure is context for owners, not a household-specific tax quote.

Do paychecks keep up with prices?

Median household income is $65,039, the 44th-highest of 51 states. But income only matters relative to prices: adjusted for local costs, that is worth $74,076 in national-average terms. Its rank barely moves after adjusting for costs, so pay and prices here are broadly in step.

The tax trade-off

Income is taxed through graduated brackets, topping out at 4.50%. Combined sales tax averages 9.06%. These headline rates do not by themselves measure a household's total tax burden. (Tax figures are hand-verified from the Tax Foundation and dated on the page below.)

The job market

Unemployment stands at 4.3% (July 2026), 0.2 percentage points above the national rate of 4.1%. That tracks the national labor market closely. It is also the one figure here that refreshes monthly, rather than annually.

Every figure above is drawn from the published data on this page. Missing values are never modeled or filled in.

What it costs to live here

Price level by component, 100 = US average. Higher means more expensive than the national average.

Regional price parity by component for Oklahoma.
ComponentOklahomavs US avg
All items87.8−12.2%
Housing rents62.8−37.2%
Goods93.8−6.2%
Utilities73.9−26.1%
Other services95.5−4.5%

BEA Regional Price Parities · SARPP · 2024 · rel. February 19, 2026 · Official API

Housing & income (ACS)

Median gross rent$1,014/mo ±$6
Median home value$199,800 ±$1,121
Median household income$65,039/yr ±$439
Homeownership rate65.8%
Median rent as % of income28.4% ±0.3%
Median owner costs as % of income15.7% ±0.1%
Median real estate taxes paid$1,599/yr ±$11

The ± values are Census 90% margins of error. Property-tax figures cover owner-occupied homes and are not estimates for a particular property.

US Census ACS 5-Year Estimates · ACS5 · 2024 · rel. December 2025 · Official API

The job market

The seasonally-adjusted unemployment rate in Oklahoma is 4.3% as of July 2026 (preliminary). This is the one figure here that updates monthly.

BLS Local Area Unemployment Statistics · LAUS · July 2026 · rel. Aug. 21, 2026 · Official API

How much prices vary within Oklahoma

BEA metro price levels for metropolitan areas that include part of Oklahoma. Cross-state metros may appear in more than one state.

Metro areaAll itemsHousing rentsvs US
Enid, OK84.351.4−15.7%
Fort Smith, AR-OK85.953.4−14.1%
Lawton, OK85.957.4−14.1%
Tulsa, OK89.268.2−10.8%
Oklahoma City, OK90.473.9−9.6%

BEA Regional Price Parities by metro area · MARPP · 2024 · rel. February 19, 2026 · Official API

Compare all US metro areas →

How the statewide price level has changed

BEA Regional Price Parity over time. This shows prices relative to the US average in each year; it is not a consumer-price inflation series.

88.090.091.020082016202487.8
Data table
YearOklahoma
200889.5
200988.5
201090.6
201190.9
201291.2
201391.5
201491.8
201591.4
201691.5
201790.9
201889.6
201989.3
202089.6
202189.9
202288.8
202388.7
202487.8

BEA Regional Price Parities · SARPP · 2024 · rel. February 19, 2026 · Official API

Housing and jobs over complete calendar years

Home prices (FHFA index)

Home prices in Oklahoma are up 111% since 2005 (FHFA index). That outpaces the national 95% — home values here have grown faster than the country as a whole.

236447658200520152025396
Oklahoma United States
Data table
YearOklahomaUS
2005188362
2006195379
2007203375
2008204348
2009205330
2010204324
2011203313
2012205315
2013208328
2014216345
2015224362
2016229382
2017237403
2018243422
2019254443
2020268471
2021310556
2022348616
2023363648
2024383683
2025396707

Unemployment rate

The annual unemployment rate peaked at 6.5% in 2009; the latest complete-year average is 3.2% for 2024 — a long recovery from that high.

1%5%9%2005201520243.2%
Oklahoma United States
Data table
YearOklahomaUS
20054.3%5.1%
20063.9%4.6%
20074%4.6%
20083.6%5.8%
20096.5%9.3%
20106.4%9.6%
20115.6%8.9%
20125.1%8.1%
20135.1%7.4%
20144.3%6.2%
20154.3%5.3%
20164.7%4.9%
20174%4.4%
20183.3%3.9%
20193.1%3.7%
20206.3%8.1%
20214%5.4%
20223%3.7%
20233.1%3.6%
20243.2%4%

FRED (FHFA House Price Index & state unemployment) · FRED · through 2024 · rel. continuously updated · Official API

What you'd pay in tax

Hand-curated · last verified 2026-07-20 · tax year 2026
Individual income tax4.50% top rate (graduated)
Sales tax (state)4.50%
Sales tax (combined avg)9.06%

Tax Foundation — 2026 State Individual Income Tax Rates and Brackets · Income · 2026 · rel. tax year 2026 · Manually maintained · verified 2026-07-20

Tax Foundation — State and Local Sales Tax Rates, 2026 · Sales · 2026 · rel. tax year 2026 · Manually maintained · verified 2026-07-20

Compare taxes across all states →

How it compares to where you are now

See how far your income would go here versus your current state — adjusted for what things actually cost.

Compare your income in Oklahoma →

Where Oklahoma ranks

Sources for every figure on this page

Occupation wages are available for selected roles in the salary comparison. See the methodology →