Cost of Living in Red Oak, OK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
69.0
100 = national avg
-31.0 vs national average
Living Wage (1 Adult)
$30,347
per year
Living Wage (Family of 4)
$71,730
per year
Cost Index by Category
Housing59.0
Food77.3
Transportation83.7
Healthcare81.8
Utilities78.2
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 Red Oak is 69.0, which is 31.0% below the national average. Housing costs are below the national average at an index of 59.0. A single adult needs to earn approximately $30,347 per year to cover basic expenses.