Cost Of Living in Verdigris, OK

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Verdigris	Oklahoma	National
Cost of living	94	86	100
Goods & Services	93	91	100
Groceries	95	94	100
Health care	91	93	100
Housing	98	69	100
Transportation	87	93	100
Utilities	96	98	100

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Cost Of Living Quick Facts

The cost of living in Verdigris is 10% higher than the Oklahoma average
The cost of living in Verdigris is 6% lower than the national average
Verdigris housing is 2% lower than the national average
Oklahoma general sales tax is 12% lower than the national average
Oklahoma state income tax is 90% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$67,212	$5,601	$1,568	$2,017
Renters	$37,625	$3,135	$878	$1,129

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Verdigris, OK, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Verdigris homeowners, is $67,212. This would allow for a maximum of $1,568 per month to be spent on housing costs. For renters, the median monthly income is $37,625 which would result in a maximum of $878 to be spent on rental costs.

Oklahoma Sales Tax

State	General Sales Tax	With Max Surtax
Oklahoma	4.5%	11%

Oklahoma Income Tax

State	Income Tax (Low)	Income Tax (High)
Oklahoma	0.25%	4.75%

Goods & Services

Item	Verdigris	National avg.	Difference
Haircut	$14.72	$24.26	39.3%
Beauty Salon	$33.89	$45.56	25.6%
Toothpaste	$3.82	$3.70	3.1%
Shampoo	$0.98	$1.28	23.5%
Movie	$7.94	$12.13	34.6%
Bowling	$12.94	$18.00	28.1%

Groceries

Item	Verdigris	National avg.	Difference
Ground Beef	$5.84	$5.84	0.0%
Fried Chicken	$1.41	$1.57	10.6%
Milk	$4.48	$4.67	4.1%
Potatoes	$4.76	$4.93	3.5%
Pizza	$11.16	$12.09	7.7%
Beer	$10.00	$10.41	4.0%

Health Care

Item	Verdigris	National avg.	Difference
Optometrist	$112.08	$125.68	10.8%
Doctor	$72.58	$135.78	46.5%
Dentist	$104.61	$113.29	7.7%
Ibuprofen	$10.02	$10.65	5.9%
Lipitor	$520.25	$468.60	11.0%

Housing

Item	Verdigris	National avg.	Difference
Home Price	$168,500.00	$184,700.00	8.8%
Avg. Mortgage Payment	$1,708.64	$2,346.69	27.2%
Apartment Rent	$1,070.00	$949.00	12.8%

Transportation

Item	Verdigris	National avg.	Difference
Gasoline	$3.19	$3.46	7.9%
Tire Balancing	$63.89	$59.92	6.6%

Utilities

Item	Verdigris	National avg.	Difference
All Electricity	$192.23	$193.99	0.9%
Phone	$194.73	$192.25	1.3%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Tiawah, OK	132	93	7.3%
Foyil, OK	439	82	17.9%
Catoosa, OK	7,930	87	13.3%
Fair Oaks, OK	89	87	12.7%
Inola, OK	2,073	87	12.7%
Verdigris, OK	4,515	94	5.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Social Circle, GA	4,514	93	7.5%
Oconto, WI	4,516	84	15.8%
Wiggins, MS	4,512	85	15.0%
Annapolis, Subd. B, NS	4,512	n/a
Piney, AR	4,518	86	13.7%
Verdigris, OK	4,515	94	5.8%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Verdigris, OK