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- In Oklahoma, the study found that the annual cost of living for the average family is $62,898. That's 14.8% lower than the national average of $72,967. Annually, housing costs are 32% lower than the national average in the Sooner State, grocery costs are 6% lower and utility costs are 2% lower, according to the study.
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Is Oklahoma a good state for a low cost of living?
Is Oklahoma a good place to live?
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Aug 15, 2024 · By far, the biggest advantage of living in Oklahoma is the low cost of living. Everything is fairly affordable when compared to the national average, making it a great place to live for anyone looking to build up a savings account.
- Addressing The Pros and Cons of Moving to Oklahoma
- Is Oklahoma A Good Place to Live?
- Pros and Cons of Living in Oklahoma: Head-To-Head Comparison
- Pros of Living in Oklahoma
- Cons of Living in Oklahoma
- Is Oklahoma A Good Place to Live? – Pros and Cons Wrap-Up
Is Oklahoma a good place to live? I will address the question head-on ANDdive deep into the pros and cons of Oklahoma living. Let’s jump right into today’s topic.
Oklahoma’s budget-friendly mid-sized cities and small towns, favorable economy, and fun recreational options make the state an excellent place to live. According to Oklahoma.gov, the scenic beauty, moderate climate, rich culture, and world-class sports make Oklahoma an exceptional place to live and do business. Furthermore, quality health care, top...
Next, let’s dive deep into all 19 above-listed pros and cons of living in Oklahoma. Disclosure: At no cost to you, I may get commissions for purchases made through links in this post.
1. In Oklahoma, Home Ownership Is More Affordable
Oklahoma is one of the best states for a low cost of living. For example, Oklahoma’s median home value is almost half the median-priced home in the United States. Thus, homes are very affordable. Source: Redfin housing market insights and U.S. Federal Reserve housing data.
2. Cost Of Renting Is Favorable When Living In Oklahoma
Oklahoma is an affordable place to live for renters. The state has one of the country’s top 10 lowest average rents. Source: World Population Review Here’s another good reason to live in Oklahoma…
3. Other Oklahoma Living Costs Are Moderate
Oklahoma’s other living costs are also favorable if you are on a tight budget. Food, utilities, and transportation expenses are well below average versus the rest of the U.S. Costs are similar to Oklahoma’s neighboring state to the northeast, Missouri. Pro tip: Save on all your online purchases by using the money-back app from Rakuten.
11. Moving To Oklahoma Means Extreme Weather Conditions
Oklahoma summers are hot. So, you will need to figure out how to beat the heat. Temperatures routinely climb into the 90s. At the same time, 100+ degree readings on the thermometer are common. The spring season also brings plenty of rainfall. Thus, flooding in some regions of the state is always possible.
12. Tornados Pose A Risk For Oklahomans
Oklahoma’s tornado season is an annual threat. Like its neighboring state to the North, Kansas, Oklahoma resides in Tornado Alley. Some years, as many as 100 of these storms are recorded. April and May are the most active months. As a result, make sure you have solid property insurance. Most importantly, be ready to move to a safe location immediately after relocating to Oklahoma.
13. You Might Get Tired Of The Dull Oklahoma Landscape
Oklahoma’s landscape is monotonous. The most significant geographic regions are rolling plains and prairie. The land can be beautiful but will get dull if you prefer more variety. Furthermore, the state is landlocked. So, you won’t find any ocean beaches to enjoy. Oklahoma’s landscape is similar to Iowa’s. Iowa has an abundance of gently rolling hills or flat plains for those familiar with or who live in “the Hawkeye State.” In fairness, Oklahoma has some smaller mountains. However, they are...
Oklahoma is a good place to live but is often overlooked because of its low-key nature and lack of big cities. However, the state has plenty to offer, as you can see from today’s pros and cons. Best of luck, no matter where you choose to settle down.
- Mississippi. #48 in Best States Overall. #36 in Opportunity. White explorers arrived in Mississippi in 1540, and the area was passed among the Spanish, British and French until the French and Indian War.
- Alabama. #44 in Best States Overall. #32 in Opportunity. Alabama’s role at the center of the Civil War and later the civil rights movement lends it an occasionally painful, complicated history.
- Arkansas. #45 in Best States Overall. #29 in Opportunity. Bordered by Missouri, Tennessee, Mississippi, Louisiana, Texas and Oklahoma, some of the country's most stunning and diverse geography is found in Arkansas.
- Kentucky. #39 in Best States Overall. #13 in Opportunity. Famous frontiersman Daniel Boone created a trail known as the Wilderness Road in the late 1700s that allowed settlers to move westward and into Kentucky.
Aug 25, 2024 · One of the most significant advantages of living in Oklahoma is its affordable cost of living. Housing costs are particularly low compared to the national average, with both rental prices and homeownership being more accessible than in many other states.
Jun 25, 2024 · Pro: Oklahoma is known to be an affordable state. The state has a median home sale price of $227,000, which is lower than the national average of $388,472. The overall cost of living, including transportation, healthcare, and other essential expenses, is also generally lower than in other parts of the country.
Apr 29, 2024 · Compared to many other states, Oklahoma boasts an affordable cost of living. Housing, utilities, and daily expenses are generally lower, allowing residents to enjoy a comfortable lifestyle without the financial strain experienced in more expensive regions.
Pros: Oklahoma offers a lower living cost than many other states. Housing, groceries, and transportation expenses are relatively affordable, allowing residents to stretch their budgets further. Cons: While the cost of living is generally lower, the average income may also be lower.