Income Reality in Oklahoma — Taxes, Housing & Salary

Very affordable, low taxes, energy economy

Data: 2026-Q2 · BLS · HUD · KFF
Cost of Living Index
88
Median Household Income
$66,148
State Income Tax
4.75% top rate
Median Rent
$1,350/mo

Income tax overview

Oklahoma has a top income tax rate of 4.75%.

Housing snapshot

Median 1BR rent in Oklahoma City is approximately $950 and Tulsa approximately $900.

Cost of living summary

At an index of 88, Oklahoma is about 12% cheaper than the national average of 100.

Oklahoma offers very affordable living with a relatively low income tax. Oklahoma City and Tulsa are growing metros with improving job markets.

Salary reality examples

$40-60k

Very comfortable. Oklahoma's housing costs are among the lowest in the country.

$60-80k

Excellent purchasing power statewide.

$80-100k

Outstanding flexibility. Oklahoma provides high real income relative to nominal salary.

FAQ

FAQ — Income Reality in Oklahoma

Is Oklahoma affordable?

Yes. Oklahoma has a cost of living index of 88, about 12% below the national average.

What is Oklahoma's income tax rate?

Oklahoma has a top income tax rate of 4.75%.

Related tools

City Comparison Salary Equivalency

Cost of Living Index from C2ER. This is a picture, not a verdict.

Income Reality Check is an educational tool, not financial advice. Your situation has more dimensions than any tool can capture.