Cost of Living in Cottonwood, OK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
59.8
100 = national avg
-40.2 vs national average
Living Wage (1 Adult)
$26,317
per year
Living Wage (Family of 4)
$62,204
per year
Cost Index by Category
Housing51.9
Food74.8
Transportation49.7
Healthcare79.9
Utilities75.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$714
per month
2 Bedroom
$937
per month
The overall cost of living index in Cottonwood is 59.8, which is 40.2% below the national average. Housing costs are below the national average at an index of 51.9. A single adult needs to earn approximately $26,317 per year to cover basic expenses.