Cost of Living in Tipton, OK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
66.9
100 = national avg
-33.1 vs national average
Living Wage (1 Adult)
$29,422
per year
Living Wage (Family of 4)
$69,543
per year
Cost Index by Category
Housing51.4
Food83.0
Transportation65.9
Healthcare86.4
Utilities80.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$855
per month
2 Bedroom
$937
per month
The overall cost of living index in Tipton is 66.9, which is 33.1% below the national average. Housing costs are below the national average at an index of 51.4. A single adult needs to earn approximately $29,422 per year to cover basic expenses.