Cost of Living in Goodwell, OK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
100.8
100 = national avg
+0.8 vs national average
Living Wage (1 Adult)
$44,350
per year
Living Wage (Family of 4)
$104,828
per year
Cost Index by Category
Housing76.2
Food115.7
Transportation102.3
Healthcare112.6
Utilities104.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$897
per month
2 Bedroom
$1,116
per month
The overall cost of living index in Goodwell is 100.8, which is 0.8% above the national average. Housing costs are below the national average at an index of 76.2. A single adult needs to earn approximately $44,350 per year to cover basic expenses.