Affordable cost of living, flourishing job market, and affordable healthcare have motivated more than 117,788 people to move to Oklahoma. But it’s not that easy for everyone. With a median home price of $207,178, Oklahoma can be expensive.
Should that stop you from moving to the Sooner State? Absolutely NOT!
Cities like Okmulgee and Anadarko offer several budget-friendly options. While Okmulgee offers a cost of living 19% lower than the national average, the median home price in Anadarko is $66,433.
Whether you’re a retiree or a young professional looking for exciting opportunities, Oklahoma has affordable housing for everyone. Let’s explore some of the cheapest places to live in Oklahoma!
4 Reasons to live in Oklahoma 🌆
- Cheaper Houses: The median home sale price in Oklahoma is ~$208K but you can get houses between $66K and $184K in cities like Anadarko, Altus, and Tahlequah. This can save you thousands while enjoying better earning opportunities in the Sooner State.
- Tax Benefits: Oklahoma has implemented programs supporting certain demographics like the CalEITC (Earned Income Tax Credit). This program aids low-income earners, potentially reducing tax burdens.
- Affordable Housing: Housing in cities that are listed below is up to 49.7% lower than the national average. In some cities, the average healthcare is even cheaper than the national average.
- Cheaper Rentals: The rent prices of these cities are lower than the national average. You can save up to $720 per month in rent.
Cheapest Places to Live in Oklahoma 2024
This list provides insights into the average household income, median listing price, population, unemployment rate, and poverty rate of the cities.
| City | Median Household Income | Median Home Value | Population | Unemployment Rate | Poverty Rate |
|---|---|---|---|---|---|
| Anadarko | $44,203 | $66,433 | 6,182 | 3.9% | 29.3% |
| Altus | $52,085 | $93,410 | 18,825 | 3.0% | 16.8% |
| Okmulgee | $36,258 | $102,497 | 11,330 | 5.4% | 23% |
| Miami | $39,248 | $118,568 | 12,997 | 3.4% | 24.1% |
| Ponca City | $47,236 | $124,089 | 24,499 | 4.9% | 17.5% |
| Enid | $57,772 | $126,297 | 51,129 | 3.7% | 15% |
| Woodward | $50,039 | $124,755 | 12,246 | 4.7% | 17.3% |
| Muskogee | $46,825 | $132,522 | 36,873 | 4.7% | 18.1% |
| Tahlequah | $49,444 | $184,687 | 16,833 | 4.6% | 20.8% |
| McAlester | $46,875 | $149,616 | 18,140 | 5.4% | 19.0% |
10 Cheapest Places to Live in OK
With a cost of living 12% below the national average, Oklahoma is still home to some of the nation’s most expensive cities. However, amidst this disparity, the Sooner State has several affordable living options.
1. Anadarko
| 🟢 Cost of Living Compared to State Average | 23.4%⬇️ |
| 🏡 Median Home Price | $66,433 |
| 💲 Median Rent | $1,395 |
| 🌅 Known For | Gardens and Parks |
Anadarko is an affordable place to live in Oklahoma. Its median housing rates are 78% below the national average. Also, the healthcare costs are 9.9% lower than the US average, which makes it one of the affordable places for senior citizens.
Anadarko stands out as a budget-friendly city with beautiful gardens and parks. Apart from that, the city also offers a lively arts community and delicious farm-to-fork cuisine.
Moreover, the city’s proximity to major energy hubs and its growing population have spurred the employment opportunities. Some of the top employers in the city are Western Farmers Electric Cooperative and Anadarko Public Schools.
» Homes for Sale in Anadarko, OK: Find your dream home in one of the least expensive places to live in OK.
2. Altus
| 🟢 Cost of Living Compared to State Average | 30.9%⬇️ |
| 🏡 Median Home Price | $93,410 |
| 💲 Median Rent | $1,600 |
| 🏞️ Known For | Agriculture and Energy Production |
Altus is one of the most budget-friendly rental destinations in Oklahoma with an average home rent of $1,600. It also offers affordable groceries which are 12.2% lower than the national average.
Altus, also known as an agricultural hub, stands out for having the largest concentration of Basque restaurants. Also, top employers in the city include Stockmans Bank and IRST ALTUS BANCORP INC, offering a variety of career opportunities.
» Homes for Sale in Atlus, OK: Find homes in one of the cheap place to live in Oklahoma.
3. Okmulgee
| 🟢 Cost of Living Compared to State Average | 24.7%⬇️ |
| 🏡 Median Home Price | $102,497 |
| 💲 Median Rent | $1,000 |
| 🏖️ Known For | Sequoia National Park |
With rental costs are 24.7% below the national average, Okmulgee stands as one of the most affordable cities to live in Oklahoma. The house rent price is between $790 – $1,000.
Okmulgee offers a range of activities. You can enjoy concerts at the Visalia Fox Theatre or take a stroll through the delightful downtown area. Additionally, the city’s growing population and economic development have created a demand for skilled professionals in various sectors. The city has OSU Institute of Technology a well known university for students seeking to pursue careers in this area.
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4. Miami
| 🟢 Cost of Living Compared to State Average | 28.9%⬇️ |
| 🏡 Median Home Price | $118,568 |
| 💲 Median Rent | $949 |
| 🏖️ Known For | George Lucas’ Film American Graffiti |
Miami offers budget-friendly living with a median rent of $949, which is $557 lower than the national median. With transportation costs being 30.2% lower than the national average, the city stands out as one of the most inexpensive places to live in Oklahoma.
Miami is the third-largest food distribution hub and engages in year-round crop harvesting. Additionally, the city boasts various arts and entertainment events. Besides this, the city’s entrepreneurial spirit has fostered a thriving small business community. Companies such as Eagle Picher Industries Inc. and Rocmnd Area Youth Services Inc provides ample of job opportunities for local residents.
» Homes for Sale in Miami, OK: Browse affordable homes with cheapest rent in Oklahoma.
5. Ponca City
| 🟢 Cost of Living Compared to State Average | 25.3%⬇️ |
| 🏡 Median Home Price | $124,089 |
| 💲 Median Rent | $795 |
| 🎨 Known For | Educational Institutions |
Also known as “Brick City,” Ponca City is just 50 miles from major cities like Sacramento and San Francisco. The average housing price is 76.6% lower than the national average.
Ponca City’s affordable food, health, housing, and transportation facilities make the city one of the cheapest places to live in Oklahoma. Due to its strategic location near major urban centers, Ponca City benefits from a robust employment market. Prominent companies such as Pioneer Technology Center and Midamerica Door Co. provides job opportunities in this area.
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6. Enid
| 🟢 Cost of Living Compared to State Average | 27.7%⬇️ |
| 🏡 Median Home Price | $126,297 |
| 💲 Median Rent | $1,200 |
| 🏫 Known For | Old Town Clovis |
The house rent in Enid is between $575 – $2,900. With an average household income of $60,790, you can comfortably live in this city.
Enid is a compelling real estate choice for outdoor enthusiasts seeking affordable living in Oklahoma. Its proximity to Yosemite National Park and Sequoia National Parks makes it an ideal location for nature lovers. Besides this, Groendyke Transport is one of the top employers in the city that offers jobs for job seekers.
» Homes for Sale in Enid, OK: Find a home in one of the cheapest places to live in Oklahoma.
7. Woodward
| 🟢 Cost of Living Compared to State Average | 19.4%⬇️ |
| 🏡 Median Home Price | $124,755 |
| 💲 Median Rent | $875 |
| 🖼️ Known For | Farm-to-Fork food culture |
Woodward is one of the best places to live in Oklahoma. The median home price in Woodward is $485,000. The monthly cost of food and utilities is ~7.2% lower than the national average.
Woodward aims to position itself as an attractive destination for technology businesses, job creation, and economic growth. It is home to big companies like Amazon, Intel, and Aerojet.
» Homes for Sale in Woodward, OK: Get yourself cheap homes in Oklahoma.
8. Muskogee
| 🟢 Cost of Living Compared to State Average | 27.3%⬇️ |
| 🏡 Median Home Price | $132,522 |
| 💲 Median Rent | $795 |
| 🖼️ Known For | History and Culture |
With rental costs below the national average, Muskogee stands as one of the most affordable cities to live in Oklahoma. The house rent price is between $500 – $1,350. Moreover, the city offers affordable housing costs that are 56.9% lower than the national average
Muskogee ranks 75 out of 100 points due to its quality of life and advanced educational facilities. Along with lifestyle, the city has diverse job market with top employers like The Yaffe Companies, Inc. and Firstar Bank. This makes it an appealing location for people looking to move to Oklahoma.
» Homes for Sale in Muskogee, OK: Find cheap houses in Oklahoma.
9. Tahlequah
| 🟢 Cost of Living Compared to State Average | 23.2%⬇️ |
| 🏡 Median Home Price | $184,687 |
| 💲 Median Rent | $1,000 |
| 🖼️ Known For | Cherokee Prison Museum |
Tahlequah located in the foothills of the Ozark Mountains, offers 23.2% lower cost of living than the national average. Grocery costs are also 7.4% lower compared to other cities in OK.
Residents enjoy a relaxed pace of life, access to outdoor recreation, and a strong sense of community. This makes Tahlequah an attractive choice for those seeking a more affordable lifestyle. The city also has top employers for those seeking jobs. Employers like Reasor’s and Northeastern State University are prominent in this area.
» Homes for Sale in Tahlequah, OK: Search for affordable house in Oklahoma.
10. McAlester
| 🟢 Cost of Living Compared to State Average | 26.9%⬇️ |
| 🏡 Median Home Price | $149,616 |
| 💲 Median Rent | $1,033 |
| 🖼️ Known For | Coal Industry |
The median home price is McAlester is $149K which is affordable for people who are looking for budget-friendly places. The median household income of $46,875 further supports the affordability of homes in the area.
McAlester presents a compelling option for those who are seeking jobs. The city offers ample of job opportunities in manufacturing and healthcare sectors. Some of the top companies in McAlester are EOYS and Atlantic Meeco.
» Homes for Sale in McAlester, OK: Find cheap and affordable homes in Oklahoma.
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So, Where Is the Cheapest Place to Live in Oklahoma?
You will find cheap houses for sale in Oklahoma under 100K in cities like Anadarko, Altus, and Okmulgee. They offer stable job opportunities, and the cost of living is more affordable than other South Dakota cities.
Cities like Stockton and Sacramento have a slightly expensive cost of living but provide a better job market. Before relocating, do your research and find the lowest cost of living in California that suits your needs.
» Free Home Value Estimator: Get an estimate of property values with Oklahoma’s most accurate home value estimator.
Find Homes for Sale in OK Under Your Specific Budget
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Research Methodology
We’ve created this list by considering factors such as cost of living, median home price, and rental price range. We have also accounted for the population, median household income, poverty rate, and unemployment rate in these cities.
To compile this list of the cheapest areas to live in Oklahoma, we have drawn data from the Economic Research Institute, World Population Review, Rent Cafe, and Zillow.
FAQs
Where is the cheapest place to live in Oklahoma?
The cheapest place to live in Oklahoma is Anadarko. It offers one of the most affordable housing in the state, which is 78% lower than the national average.
» 10 Cheapest Places to Live in Oklahoma: Find out the other cheapest places to live in Oklahoma!
Is Oklahoma cheap to live?
No, it is not. The median home value is $208,910. If you're looking for cities with affordable housing and a low cost of living, you can try your luck in some of these cheapest places in America.
Where is the best place to live in Oklahoma?
The best place to live in Oklahoma is Edmund, followed by Jenks, Norman, Bixby, Nichols Hills, Stillwater, and Muskogee.
