Cost of Living in Murphy, OK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
34.5
100 = national avg
-65.5 vs national average
Living Wage (1 Adult)
$15,186
per year
Living Wage (Family of 4)
$35,895
per year
Cost Index by Category
Housing22.5
Utilities76.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$736
per month
2 Bedroom
$937
per month
The overall cost of living index in Murphy is 34.5, which is 65.5% below the national average. Housing costs are below the national average at an index of 22.5. A single adult needs to earn approximately $15,186 per year to cover basic expenses.