Cost of Living in Norman, OK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
107.0
100 = national avg
+7.0 vs national average
Living Wage (1 Adult)
$47,061
per year
Living Wage (Family of 4)
$111,235
per year
Cost Index by Category
Housing119.5
Food99.7
Transportation99.5
Healthcare99.8
Utilities103.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,017
per month
2 Bedroom
$1,244
per month
The overall cost of living index in Norman is 107.0, which is 7.0% above the national average. Housing costs are above the national average at an index of 119.5. A single adult needs to earn approximately $47,061 per year to cover basic expenses.