Lawton, OK Cost Of Living
Cost Of Living In Lawton, OK Summary
Cost of living in Lawton 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 Lawton 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 Lawton is 88, with 100 being the average.
The cost of living index in Lawton is 0.9x lower than the national average.
Lawton ranks as the #53 cheapest in Oklahoma out of 74.
Lawton ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Lawton is $115,600.
The median income in Lawton is $48,718.
Table Of Contents
Lawton's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Lawton, OK?
According to the most recent data on the cost of living, Lawton has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Oklahoma, Lawton has a cost of living index that's 1.0x higher than Oklahoma's index of 86.
The standard of living in Lawton ranks as #53 most affordable out of the 74 places we measured in Oklahoma. By definition, that implies Lawton ranks as the #21 most expensive place in the Sooner State.
For more reading on life in Lawton, check out:
- Living In Lawton
- Lawton Crime Report
- Search Homes For Sale In Lawton, OK
In Oklahoma
In America
Lawton Cost Of Living Vs. Oklahoma
Six factors go into calculating the cost of living index in Lawton. Here is how it fairs on each of the criteria:
The Services index in Lawton is 100.
The Groceries index in Lawton is 92.
The Health index in Lawton is 110.
The Housing index in Lawton is 67.
The Transportation index in Lawton is 95.
The Utilities index in Lawton is 94.
| Living Expense | Lawton | Oklahoma | National Average | |
|---|---|---|---|---|
| Overall | 88 | 86 | 100 | |
| Services | 100 | 92 | 100 | |
| Groceries | 92 | 94 | 100 | |
| Health | 110 | 92 | 100 | |
| Housing | 67 | 70 | 100 | |
| Transportation | 95 | 90 | 100 | |
| Utilities | 94 | 97 | 100 | |
Lawton, 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 Lawton is $115,600.
The Median Rent in Lawton is $822.
The Median Income in Lawton is $48,718.
The Home Value To Income in Lawton is 2.4x.
The Rent To Monthly Income in Lawton is 0.2x.
| Statistic | Lawton | Oklahoma | United States |
|---|---|---|---|
| Median Home Value | $115,600 | $150,800 | $244,900 |
| Median Rent | $822 | $862 | $1,163 |
| Median Income | $48,718 | $56,956 | $69,021 |
| Home Value To Income | 2.4x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Lawton, OK Costs By Category
Detailed Lawton Services Costs Vs. Oklahoma
Detailed Lawton Groceries Costs Vs. Oklahoma
Detailed Lawton Health Costs Vs. Oklahoma
Detailed Lawton Transportation Costs Vs. Oklahoma
Detailed Lawton Utilities Costs Vs. Oklahoma
Lawton SnackAbility
/10
Cost Of Living In Cities Around Lawton
The cost of living varies in the cities and towns around Lawton. Here's a quick look at the cost of living in the most populous nearby places:
Wichita Falls, TX has a cost of living index of 83, 0.9x Lawton.
Duncan, OK has a cost of living index of 86, 1.0x Lawton.
Chickasha, OK has a cost of living index of 83, 0.9x Lawton.
| City | Population | Cost Of Living | Vs. Lawton |
|---|---|---|---|
| Wichita Falls, TX | 102,563 | 83 | 0.9x |
| Duncan, OK | 22,664 | 86 | 1.0x |
| Chickasha, OK | 15,655 | 83 | 0.9x |
| Burkburnett, TX | 10,851 | 84 | 1.0x |
| Anadarko, OK | 6,182 | 80 | 0.9x |
