Cost of Living in Olive, OK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
56.3
100 = national avg
-43.7 vs national average
Living Wage (1 Adult)
$24,775
per year
Living Wage (Family of 4)
$58,558
per year
Cost Index by Category
Housing25.9
Food82.7
Transportation59.4
Healthcare86.2
Utilities74.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$987
per month
2 Bedroom
$1,217
per month
The overall cost of living index in Olive is 56.3, which is 43.7% below the national average. Housing costs are below the national average at an index of 25.9. A single adult needs to earn approximately $24,775 per year to cover basic expenses.