Cost of Living in Oakwood, OK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
86.6
100 = national avg
-13.4 vs national average
Living Wage (1 Adult)
$38,090
per year
Living Wage (Family of 4)
$90,031
per year
Cost Index by Category
Housing86.4
Transportation80.6
Utilities95.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$728
per month
2 Bedroom
$955
per month
The overall cost of living index in Oakwood is 86.6, which is 13.4% below the national average. Housing costs are below the national average at an index of 86.4. A single adult needs to earn approximately $38,090 per year to cover basic expenses.