A+
9%
Overall NAT. AVG.
7%
Goods & Services NAT. AVG.
13%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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 Glenpool Oklahoma National
Cost of living9186100
Goods & Services9391100
Groceries9594100
Health care9193100
Housing8769100
Transportation8793100
Utilities9698100

An Overview of Cost of Living in Glenpool, OK

Are you thinking about relocating, but curious about the potential cost of living in Glenpool? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Glenpool stands at 91, making it 9% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

The cost of living in Glenpool aligns closely with the national average when compared to other cities across the nation. Everyday essentials such as groceries, goods and services, health care and utility bills are priced at a level consistent with the average in similar urban areas. Glenpool residents can anticipate that their daily expenses won't be significantly higher than those in an average city, ensuring that the cost of living remains manageable.

Is Glenpool Affordable?

Is Glenpool an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Glenpool is 25.2% lower than the national average, while the average monthly rent prices are 15.9% higher than average. The affordability of any location can also be influenced by median income levels. Glenpool has a median household income of $68,363, which is 23.6% higher than the national average.

What Factors can Influence the Cost of Living in Glenpool?

Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Glenpool, the housing index is 12.8% lower than the national average.

Utilities: Similar to the prices of any other goods or services, utility expenditures can exhibit substantial variability, influenced by factors such as climate, energy sources accessibility, geographical location and state regulations. Costs related to electricity, water, heating, and waste disposal can fluctuate, whether higher or lower, contingent on the city or state. In Glenpool, the utilities index is 3.6% lower than the national average.

Urbanization: Larger, urban hubs brimming with ample amenities and robust employment opportunities often showcase a heightened cost of living. This surge is primarily attributed to the amplified demand for services and increased residential migration, culminating in elevated home prices and elevated rental rates. Conversely, less densely populated rural locales or regions characterized by reduced demand tend to offer a more limited array of amenities and undergo slower job market growth, ultimately yielding a more affordable cost of living.

Where is the Data From?

The cost of living in Glenpool, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Glenpool is 6% higher than the Oklahoma average
  • The cost of living in Glenpool is 9% lower than the national average
  • Glenpool housing is 13% 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

Most Affordable Places to Live in and Around Glenpool

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Compare Glenpool, OK Cost of Living

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      Salary Calculator

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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$76,648$6,387$1,788$2,300
      Renters$61,919$5,160$1,445$1,858
      A good way to judge both the affordability of the housing and the cost of living in Glenpool is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Glenpool has a median income of about $76,648 for people who own homes. Based on that number, a maximum of $1,788 should be spent on expenses related to housing. Renters have a slightly different median income, which is $61,919. Based on this average, renters should spend no more than $1,445 on all rental costs if they want to maintain a non-impoverished standard of living.

      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 Glenpool National avg. Difference
      Haircut $14.72$24.2639.3%
      Beauty Salon $33.89$45.5625.6%
      Toothpaste $3.82$3.703.1%
      Shampoo $0.98$1.2823.5%
      Movie $7.94$12.1334.6%
      Bowling $12.94$18.0028.1%

      Groceries

      Item Glenpool National avg. Difference
      Ground Beef $5.84$5.840.0%
      Fried Chicken $1.41$1.5710.6%
      Milk $4.48$4.674.1%
      Potatoes $4.76$4.933.5%
      Pizza $11.16$12.097.7%
      Beer $10.00$10.414.0%

      Health Care

      Item Glenpool National avg. Difference
      Optometrist $112.08$125.6810.8%
      Doctor $72.58$135.7846.5%
      Dentist $104.61$113.297.7%
      Ibuprofen $10.02$10.655.9%
      Lipitor $520.25$468.6011.0%

      Housing

      Item Glenpool National avg. Difference
      Home Price $138,200.00$184,700.0025.2%
      Avg. Mortgage Payment $1,708.64$2,346.6927.2%
      Apartment Rent $1,100.00$949.0015.9%

      Transportation

      Item Glenpool National avg. Difference
      Gasoline $3.19$3.467.9%
      Tire Balancing $63.89$59.926.6%

      Utilities

      Item Glenpool National avg. Difference
      All Electricity $192.23$193.990.9%
      Phone $194.73$192.251.3%
      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.
      Lotsee, OK5946.4%
      Slick, OK2347822.3%
      Kellyville, OK1,1798118.9%
      Beggs, OK1,3778217.9%
      Oakhurst, OK2,4358415.5%
      Glenpool, OK13,836918.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Avocado Heights, CA13,83615656.1%
      Bonnyville No. 87, AB13,832n/a 
      Atlantic Beach, FL13,83112424.3%
      Harper Woods, MI13,829927.6%
      Trent Hills, ON13,844n/a 
      Glenpool, OK13,836918.9%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.