CostIndexUSA

Austin, TX vs Oklahoma City, OK Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Austin
98.1
overall index
$1,550/mo rent
More AffordableOK
Oklahoma City
90.4
overall index
$1,350/mo rent

Oklahoma City is moderately cheaper than Austin — 7.8% lower overall cost of living.

To match an $80,000 salary in Austin, you would need $73,700 in Oklahoma City. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing38.6%
Austin
120.4
Oklahoma City
73.9
🛒 Groceries≈ Equal
Austin
93.8
Oklahoma City
93.8
🚗 Transportation0.9%
Austin
101.1
Oklahoma City
100.2
🏥 Healthcare0.8%
Austin
91.4
Oklahoma City
90.7
Utilities9.6%
Austin
82
Oklahoma City
74.1

Salary Equivalency Calculator

Enter your current salary in Austin to see what you'd need to earn in Oklahoma City to maintain the same purchasing power.

$
Equivalent salary in Oklahoma City, OK
$73,700
$6,300 less needed in Oklahoma City

Formula: salary × (90.4 ÷ 98.1) = salary × 0.9215. Based on BEA Regional Price Parities.

Housing Market

Austin, TX

Median Home Price
$420,000
Median Monthly Rent
$1,550
Housing Index
120.4
Price-to-Rent Ratio
22.6×

Oklahoma City, OK

Median Home Price
$239,000
Median Monthly Rent
$1,350
Housing Index
73.9
Price-to-Rent Ratio
14.8×

Austin has 38.6% lower housing costs compared to Oklahoma City.

Income & Job Market

Austin, TX

Median Household Income
$98,500
Per Capita Income
$56,100
Unemployment Rate
3.9%
Population
978,908
Top Industries
TechnologyGovernmentHealthcareEducationEntertainment

Oklahoma City, OK

Median Household Income
$69,900
Per Capita Income
$39,800
Unemployment Rate
4.5%
Population
681,054
Top Industries
EnergyGovernmentHealthcareAgricultureAerospace

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Austin, TX
5.3×income-to-rent ratio

81% of income left after rent (median)

Oklahoma City, OK
4.3×income-to-rent ratio

77% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.