Cost of Living in Welch, OK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
63.8
100 = national avg
-36.2 vs national average
Living Wage (1 Adult)
$28,076
per year
Living Wage (Family of 4)
$66,361
per year
Cost Index by Category
Housing56.2
Food77.5
Transportation55.1
Healthcare82.0
Utilities77.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$755
per month
2 Bedroom
$991
per month
The overall cost of living index in Welch is 63.8, which is 36.2% below the national average. Housing costs are below the national average at an index of 56.2. A single adult needs to earn approximately $28,076 per year to cover basic expenses.