Cost of Living in Medford, OK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
84.2
100 = national avg
-15.8 vs national average
Living Wage (1 Adult)
$37,047
per year
Living Wage (Family of 4)
$87,566
per year
Cost Index by Category
Housing64.5
Food97.0
Transportation94.0
Healthcare97.6
Utilities91.1
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 Medford is 84.2, which is 15.8% below the national average. Housing costs are below the national average at an index of 64.5. A single adult needs to earn approximately $37,047 per year to cover basic expenses.