Edmond, OK Cost Of Living
Cost Of Living In Edmond, OK Summary
Cost of living in Edmond 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 Edmond 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 Edmond is 97, with 100 being the average.
The cost of living index in Edmond is 1.0x lower than the national average.
Edmond ranks as the #72 cheapest in Oklahoma out of 74.
Edmond ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Edmond is $263,900.
The median income in Edmond is $87,591.
Table Of Contents
Edmond's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Edmond, OK?
According to the most recent data on the cost of living, Edmond has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Oklahoma, Edmond has a cost of living index that's 1.1x higher than Oklahoma's index of 86.
The standard of living in Edmond ranks as #72 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Edmond ranks as the #2 most expensive place in the Sooner State.
For more reading on life in Edmond, check out:
- Living In Edmond
- Edmond Crime Report
- Search Homes For Sale In Edmond, OK
In Oklahoma
In America
Edmond Cost Of Living Vs. Oklahoma
Six factors go into calculating the cost of living index in Edmond. Here is how it fairs on each of the criteria:
The Services index in Edmond is 93.
The Groceries index in Edmond is 91.
The Health index in Edmond is 93.
The Housing index in Edmond is 111.
The Transportation index in Edmond is 96.
The Utilities index in Edmond is 75.
| Living Expense | Edmond | Oklahoma | National Average | |
|---|---|---|---|---|
| Overall | 97 | 86 | 100 | |
| Services | 93 | 92 | 100 | |
| Groceries | 91 | 94 | 100 | |
| Health | 93 | 92 | 100 | |
| Housing | 111 | 70 | 100 | |
| Transportation | 96 | 90 | 100 | |
| Utilities | 75 | 97 | 100 | |
Edmond, 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 Edmond is $263,900.
The Median Rent in Edmond is $1,164.
The Median Income in Edmond is $87,591.
The Home Value To Income in Edmond is 3.0x.
The Rent To Monthly Income in Edmond is 0.16x.
| Statistic | Edmond | Oklahoma | United States |
|---|---|---|---|
| Median Home Value | $263,900 | $150,800 | $244,900 |
| Median Rent | $1,164 | $862 | $1,163 |
| Median Income | $87,591 | $56,956 | $69,021 |
| Home Value To Income | 3.0x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Edmond, OK Costs By Category
Detailed Edmond Services Costs Vs. Oklahoma
Detailed Edmond Groceries Costs Vs. Oklahoma
Detailed Edmond Health Costs Vs. Oklahoma
Detailed Edmond Transportation Costs Vs. Oklahoma
Detailed Edmond Utilities Costs Vs. Oklahoma
Edmond SnackAbility
/10
Cost Of Living In Cities Around Edmond
The cost of living varies in the cities and towns around Edmond. Here's a quick look at the cost of living in the most populous nearby places:
Bethany, OK has a cost of living index of 87, 0.9x Edmond.
Choctaw, OK has a cost of living index of 91, 0.9x Edmond.
Guthrie, OK has a cost of living index of 84, 0.9x Edmond.
| City | Population | Cost Of Living | Vs. Edmond |
|---|---|---|---|
| Bethany, OK | 20,542 | 87 | 0.9x |
| Choctaw, OK | 12,130 | 91 | 0.9x |
| Guthrie, OK | 10,767 | 84 | 0.9x |
| Warr Acres, OK | 10,443 | 85 | 0.9x |
| Piedmont, OK | 7,306 | 94 | 1.0x |
| Harrah, OK | 6,155 | 89 | 0.9x |
