Oklahoma ranks second in lowest cost of living states

In the quest for a more affordable lifestyle, Oklahoma has emerged as a prime contender, ranking second among the states with the lowest cost of living in the United States.

This impressive ranking comes from the cost of living index published by the Council for Community and Economic Research (C2ER), which evaluates a variety of expenses including housing, groceries, utilities, transportation, health care, taxes, and other miscellaneous goods and services.

The Sooner State shines brightly with a median home value of $191,700, significantly lower than the national average of $320,900. For those renting, Oklahoma offers a median monthly rent of $1,395 for a two-bedroom apartment, in stark contrast to the national median of $2,139. Coupled with a median household income of $59,673 and an unemployment rate of 3.5%—below the U.S. average of 4.0%—Oklahoma presents a compelling case for affordability and economic stability.

Only West Virginia surpasses Oklahoma, taking the top spot in the ranking. Following closely behind are Kansas, Alabama, Mississippi, Arkansas, Missouri, Iowa, Tennessee, Indiana, Georgia, and Michigan. Each of these states offers unique advantages, but Oklahoma’s blend of affordable housing, low unemployment, and reasonable living costs makes it particularly attractive for families and individuals seeking financial ease.

Living in Oklahoma means more than just lower expenses. It offers a quality lifestyle with a rich cultural heritage, friendly communities, and an ever-growing economy. The low cost of living allows residents to enjoy more disposable income, creating opportunities for a better quality of life.

As the cost of living continues to be a crucial factor in determining where to settle down, Oklahoma stands out as a beacon of affordability, inviting those looking for a place where their dollars stretch further without sacrificing comfort or opportunities.