Altus, OK Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Altus, OK Summary

Cost of living in Altus research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Altus is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Oklahoma, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Altus is 83, with 100 being the average.

  • The cost of living index in Altus is 0.8x lower than the national average.

  • Altus ranks as the #24 cheapest in Oklahoma out of 74.

  • Altus ranks as the #491 cheapest out of 6,412 in the US.

  • The median home value in Altus is $89,600.

  • The median income in Altus is $52,085.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
83
Altus's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Altus, OK?

According to the most recent data on the cost of living, Altus has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.

Compared to Oklahoma, Altus has a cost of living index that's 1.0x lower than Oklahoma's index of 86.

The standard of living in Altus ranks as #24 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Altus ranks as the #50 most expensive place in the Sooner State.

For more reading on life in Altus, check out:

24 out of 74
In Oklahoma
491 out of 6,412
In America

Altus Cost Of Living Vs. Oklahoma

Six factors go into calculating the cost of living index in Altus. Here is how it fairs on each of the criteria:

  • The Services index in Altus is 99.

  • The Groceries index in Altus is 89.

  • The Health index in Altus is 110.

  • The Housing index in Altus is 55.

  • The Transportation index in Altus is 96.

  • The Utilities index in Altus is 94.

Living Expense Altus Oklahoma National Average
Overall 83 86 100
Services 99 92 100
Groceries 89 94 100
Health 110 92 100
Housing 55 70 100
Transportation 96 90 100
Utilities 94 97 100
For more reading on cost of living around Oklahoma, check out:
Altus Cost of Living Vs. OK

Altus, OK Housing Cost Breakdown

Housing swings affordability the most between places in Oklahoma, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Altus is $89,600.

  • The Median Rent in Altus is $816.

  • The Median Income in Altus is $52,085.

  • The Home Value To Income in Altus is 1.7x.

  • The Rent To Monthly Income in Altus is 0.19x.

Statistic Altus Oklahoma United States
Median Home Value $89,600 $150,800 $244,900
Median Rent $816 $862 $1,163
Median Income $52,085 $56,956 $69,021
Home Value To Income 1.7x 2.6x 3.5x
Rent To Monthly Income 0.19x 0.18x 0.2x
Search Homes For Sale In Altus, OK
$89,600
Median Home Value
$816
Median Rent
$52,085
Median Income

Altus, OK Costs By Category

Detailed Altus Services Costs Vs. Oklahoma

Item Altus Oklahoma
Shampoo $1.07 $1.06
Movie $11.9 $10.68
Bowling $12.0 $14.67
Haircut $11.38 $18.62
Beauty Salon $50.0 $39.05

Detailed Altus Groceries Costs Vs. Oklahoma

Item Altus Oklahoma
Ground Beef $4.8 $4.22
Fried Chicken $1.08 $1.39
Milk $1.87 $2.05
Potatoes $3.38 $3.29
Pizza $10.0 $10.62
Beer $8.7 $9.38
Toothpaste $2.6 $2.34

Detailed Altus Health Costs Vs. Oklahoma

Item Altus Oklahoma
Optometrist $135.0 $108.57
Doctor $95.0 $116.17
Dentist $130.5 $99.13

Detailed Altus Transportation Costs Vs. Oklahoma

Item Altus Oklahoma
Gasoline $2.03 $2.22
Tire Balancing $49.89 $50.07

Detailed Altus Utilities Costs Vs. Oklahoma

Item Altus Oklahoma
All Electricity $143.85 $167.67
Phone $188.92 $175.64

Altus SnackAbility

5
/10
Overall SnackAbility
Jobs
7/10
Housing
5
Affordability
8.5
Diversity
9
Safety
6
Amenities
8
Education
6
Commute
10

Cost Of Living In Cities Around Altus

The cost of living varies in the cities and towns around Altus. Here's a quick look at the cost of living in the most populous nearby places:

  • Vernon, TX has a cost of living index of 78, 0.9x Altus.

City Population Cost Of Living Vs. Altus
Vernon, TX 10,206 78 0.9x

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