Cost of Living in Elk City, OK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
84.8
100 = national avg
-15.2 vs national average
Living Wage (1 Adult)
$37,306
per year
Living Wage (Family of 4)
$88,177
per year
Cost Index by Category
Housing88.1
Food87.8
Transportation75.7
Healthcare90.3
Utilities90.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$799
per month
2 Bedroom
$1,048
per month
The overall cost of living index in Elk City is 84.8, which is 15.2% below the national average. Housing costs are below the national average at an index of 88.1. A single adult needs to earn approximately $37,306 per year to cover basic expenses.