Cost of Living in Taft, OK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
61.7
100 = national avg
-38.3 vs national average
Living Wage (1 Adult)
$27,129
per year
Living Wage (Family of 4)
$64,124
per year
Cost Index by Category
Housing63.1
Food72.2
Transportation44.5
Healthcare77.8
Utilities76.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$722
per month
2 Bedroom
$947
per month
The overall cost of living index in Taft is 61.7, which is 38.3% below the national average. Housing costs are below the national average at an index of 63.1. A single adult needs to earn approximately $27,129 per year to cover basic expenses.