10 Cheapest Places To Live In Oklahoma For 2019


We used data and science to determine which places in Oklahoma go easy on your wallet.

Editor’s Note: We updated this article for 2019. This is our fourth time ranking the cheapest places to live in Oklahoma.

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Three new cities moved into the most affordable places to call home in Oklahoma according to our HomeSnacks affordable places for 2019 report.

Each year we analyze what we feel are the most affordable places to live in Oklahoma. We take into account categories that we all agree make a state affordable like average home and rent prices. We also take into account places with low crime, great jobs, worthy salaries, and solid schools. We even looked at short commute times. According to the Happiness Research Institute, most people don’t like where they live and wished they lived somewhere more affordable. However, not the folks in our most affordable Okie places.

How did we determine the most affordable places to live in Oklahoma? We consulted the latest Census data on cost of living. We discovered that most Oklahomans have never really experienced unemployment. The Sooner State has managed to stay ahead of the national unemployment rate holding strong at 3.3%.

This is because we can thank Oklahoma for jobs in all things agriculture. But did you know that Oklahoma City is home to Sonic Drive-In Restaurants and Tulsa is home to PenWell? These Oklahoma cities and Oklahoma companies are working hard to keep Oklahomans happy and employed; thus able to afford to call this Midwest state home.

Are you surprised by this year’s results? Pull up a chair and put a smile on your face as we look at Oklahoma’s most affordable cities.

It’s simple economics, folks. When you choose to live in one of Oklahoma’s most affordable places, you are choosing to live where your Oklahoma dollar will go the furthest. And that, Oklahomans, makes perfect sense.

What’s the most affordable place to live in oklahoma for 2019? Drum roll…the number one most affordable place to live in Oklahoma is Alva based on the most recent Census data.

To see how your city compared, take a look at the list below. And if you don’t find your favorite there, head on down to the bottom.

And if you already knew these places were cheap, check out some more reading about Oklahoma and the cheapest places in the country:

The 10 Cheapest Places To Live In Oklahoma For 2019

Alva, OK

Overall SnackAbility

8
/10

Population: 5,167
Rank Last Year: 1 (No Change)
Home Price To Income Ratio: 1.8x (5th most affordable)
Income To Rent Ratio: 76.5x (8th cheapest)
More On Alva: Homes For Sale | Data | Photos

Alva is a city in and the county seat of Woods County, Oklahoma, United States, along the Salt Fork Arkansas River. The population was 4,945 at the 2010 census. Northwestern Oklahoma State University is located in Alva.

The median income in Alva comes in at $50,469 and the median home value is $89,100 for 2019.

Holdenville, OK

Overall SnackAbility

3
/10

Population: 5,653
Rank Last Year: 3 (Up 1)
Home Price To Income Ratio: 1.6x (2nd most affordable)
Income To Rent Ratio: 60.6x (37th cheapest)
More On Holdenville: Homes For Sale | Data | Photos

Holdenville is a city in and county seat of Hughes County, Oklahoma, United States. The population was 5,771 at the 2010 census, an increase of 22 percent from 4,732 at the 2000 census.

The median income in Holdenville comes in at $33,689 and the median home value is $54,500 for 2019.

Perry, OK

Overall SnackAbility

5
/10

Population: 5,006
Rank Last Year: 4 (Up 1)
Home Price To Income Ratio: 1.7x (3rd most affordable)
Income To Rent Ratio: 65.5x (26th cheapest)
More On Perry: Homes For Sale | Data | Photos

Perry is a city in, and county seat of, Noble County, Oklahoma, United States. As of the 2010 census, the city population was 5,126, a 2.0 percent decrease from 5,230 at the 2000 census The city is arguably best known as the birthplace of Ditch Witch construction equipment.

The median income in Perry comes in at $49,099 and the median home value is $84,100 for 2019.

Sulphur, OK

Overall SnackAbility

6
/10

Population: 5,014
Rank Last Year: 2 (Down 2)
Home Price To Income Ratio: 1.9x (9th most affordable)
Income To Rent Ratio: 69.3x (19th cheapest)
More On Sulphur: Homes For Sale | Data | Photos

Sulphur is a city in and county seat of Murray County, Oklahoma, United States. The population was 4,929 at the 2010 census, a 3.4 percent gain from 4,794 at the 2000 census. The area around Sulphur has been noted for its mineral springs, since well before the city was founded late in the 19th Century. The city received its name from the presence of sulfur in the water.

The median income in Sulphur comes in at $46,380 and the median home value is $90,000 for 2019.

Blackwell, OK

Overall SnackAbility

4
/10

Population: 6,845
Rank Last Year: 4 (Down 1)
Home Price To Income Ratio: 1.3x (1st most affordable)
Income To Rent Ratio: 57.7x (51st cheapest)
More On Blackwell: Homes For Sale | Data | Photos

Blackwell is a city in Kay County, Oklahoma, United States, located at the intersection of U.S. Highway 177 and State Highway 11 along Interstate 35. The population was 7,092 at the 2010 census. Blackwell was established following the September 16, 1893 Cherokee Outlet land run by A. J. Blackwell. Blackwell has an agricultural and fossil fuel based economy.

The median income in Blackwell comes in at $40,942 and the median home value is $54,200 for 2019.

Ponca City, OK

Source: Public domain
Overall SnackAbility

4
/10

Population: 24,579
Rank Last Year: 8 (Up 2)
Home Price To Income Ratio: 2.1x (13th most affordable)
Income To Rent Ratio: 64.9x (28th cheapest)
More On Ponca City: Homes For Sale | Data | Photos

Ponca City is a city in Kay County and in Osage County in the U.S. state of Oklahoma, which was named after the Ponca Tribe. Ponca City had a population of 25,387 at the time of the 2010 census.

The median income in Ponca City comes in at $42,886 and the median home value is $88,400 for 2019.

Seminole, OK

Source: Wikipedia User |
Overall SnackAbility

5
/10

Population: 7,384
Rank Last Year: 6 (Down 1)
Home Price To Income Ratio: 1.7x (4th most affordable)
Income To Rent Ratio: 58.0x (50th cheapest)
More On Seminole: Homes For Sale | Data | Photos

Seminole is a city in Seminole County, Oklahoma, United States. The population was 6,899 at the 2000 census. Seminole experienced a large population growth in the 1920s due to an oil boom.

The median income in Seminole comes in at $36,114 and the median home value is $62,200 for 2019.

Review Of Seminole by HomeSnacks User

I’m from seminole plenty of work here I’ve never had a problem crime wise and if you don’t mind fishing and lakes plenty to do plus casinos everywhere

Noble, OK

Overall SnackAbility

6
/10

Population: 6,668
Rank Last Year: 19 (Up 11)
Home Price To Income Ratio: 1.9x (8th most affordable)
Income To Rent Ratio: 70.8x (14th cheapest)
More On Noble: Homes For Sale | Data | Photos

Noble is a city in Cleveland County, Oklahoma, United States, and is part of the Oklahoma City Metropolitan Area. The population was 6,481 at the 2010 census. Noble is Cleveland County’s third-largest city behind Norman and Moore.

The median income in Noble comes in at $59,020 and the median home value is $111,500 for 2019.

Chickasha, OK

Overall SnackAbility

4
/10

Population: 16,256
Rank Last Year: 10 (Up 1)
Home Price To Income Ratio: 2.0x (12th most affordable)
Income To Rent Ratio: 60.2x (39th cheapest)
More On Chickasha: Homes For Sale | Data | Photos

Chickasha is a city in and the county seat of Grady County, Oklahoma, United States. The population was 16,036 at the 2010 census. Chickasha is home to the University of Science and Arts of Oklahoma. The city is named for and strongly connected to Native American heritage, as “Chickasha” is the Choctaw word for Chickasaw.

The median income in Chickasha comes in at $40,376 and the median home value is $82,400 for 2019.

Henryetta, OK

Overall SnackAbility

3
/10

Population: 5,726
Rank Last Year: 11 (Up 1)
Home Price To Income Ratio: 1.8x (6th most affordable)
Income To Rent Ratio: 53.9x (61st cheapest)
More On Henryetta: Homes For Sale | Data | Photos

Henryetta is a city in Okmulgee County, Oklahoma, United States. The population was 5,510 at the 2010 census, down 9.6 percent from 6,096 at the 2000 census.

The median income in Henryetta comes in at $32,822 and the median home value is $59,400 for 2019.

How We Determined The Most Affordable Places To Live In The Sooner State For 2019

Map Of The Cheapest Places To Live In Oklahoma
The two most important things to think about when it comes to being able to afford if you can live comes down to:

  1. How much do money do I make?
  2. How much do I have spend to live there?

You need to understand your costs in the context of how much money you make.

For example, if the median household earns $100,000 and spends $40,000 on housing it’s actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. You might spend more on housing, but you have more money overall to play with.

With that example in mind, we derived several statistics from the latest Census American Community Survey 2013-2017 around incomes and costs. They are:

  • Median Home Price / Median Income (lower is better)
  • Median Income / Median Rent (Higher is better)
  • Median Home Price

We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc).

You can then compare these metrics in each of the places in Oklahoma to figure out which is the least expensive.

What you are left with is a “Cost of Living Index” by taking the average rank of each of these metrics for each city.

So we used that cost of living index in order to rank all of the 76 places in Oklahoma that have more than 5,000 people.

The place with the lowest cost of living in Oklahoma according to the data is Alva.

There You Have It Mr. Or Mrs. Oklahoma Cheapskate

If you’re looking at the cost of living numbers in Oklahoma, this is an accurate list of the most affordable places to live in oklahoma for 2019.

Here’s a look at the most expensive cities in Oklahoma according to the data:

  1. Stillwater
  2. Grove
  3. Tahlequah

For more Oklahoma reading, check out:

Where Are The Most Affordable Places To Live In Oklahoma?

Rank City CheapScore Population Home/Income Ratio Income/Rent Ratio
1 Alva 10.33 5,167 1.8x 76.5x
2 Holdenville 13.67 5,653 1.6x 60.6x
3 Perry 14.33 5,006 1.7x 65.5x
4 Sulphur 16.0 5,014 1.9x 69.3x
5 Blackwell 17.67 6,845 1.3x 57.7x
6 Ponca City 19.0 24,579 2.1x 64.9x
7 Seminole 19.33 7,384 1.7x 58.0x
8 Noble 20.33 6,668 1.9x 70.8x
9 Chickasha 21.33 16,256 2.0x 60.2x
10 Henryetta 23.33 5,726 1.8x 53.9x

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.