Cost of Living in Woodward, OK

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

91.6

100 = national avg

-8.4 vs national average

Living Wage (1 Adult)

$40,288

per year

Living Wage (Family of 4)

$95,226

per year

Cost Index by Category

Housing
85.8
Food
96.4
Transportation
92.8
Healthcare
97.1
Utilities
95.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$809

per month

2 Bedroom

$1,061

per month

The overall cost of living index in Woodward is 91.6, which is 8.4% below the national average. Housing costs are below the national average at an index of 85.8. A single adult needs to earn approximately $40,288 per year to cover basic expenses.