Cost Of Living in Grove, 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	Grove	Oklahoma	National
Cost of living	92	86	100
Goods & Services	91	91	100
Groceries	93	94	100
Health care	89	93	100
Housing	88	69	100
Transportation	93	93	100
Utilities	109	98	100

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Cost Of Living Quick Facts

The cost of living in Grove is 7% higher than the Oklahoma average
The cost of living in Grove is 8% lower than the national average
Grove housing is 12% 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	$58,535	$4,878	$1,366	$1,756
Renters	$30,615	$2,551	$714	$919

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Grove, 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 Grove homeowners, is $58,535. This would allow for a maximum of $1,366 per month to be spent on housing costs. For renters, the median monthly income is $30,615 which would result in a maximum of $714 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	Grove	National avg.	Difference
Haircut	$21.83	$24.26	10.0%
Beauty Salon	$40.00	$45.56	12.2%
Toothpaste	$3.77	$3.70	1.9%
Shampoo	$1.04	$1.28	18.5%
Movie	$13.01	$12.13	7.3%
Bowling	$10.00	$18.00	44.4%

Groceries

Item	Grove	National avg.	Difference
Ground Beef	$5.78	$5.84	1.0%
Fried Chicken	$1.38	$1.57	12.5%
Milk	$4.48	$4.67	4.1%
Potatoes	$4.78	$4.93	3.1%
Pizza	$10.46	$12.09	13.4%
Beer	$9.40	$10.41	9.7%

Health Care

Item	Grove	National avg.	Difference
Optometrist	$98.94	$125.68	21.3%
Doctor	$140.26	$135.78	3.3%
Dentist	$93.33	$113.29	17.6%
Ibuprofen	$10.07	$10.65	5.5%
Lipitor	$369.04	$468.60	21.2%

Housing

Item	Grove	National avg.	Difference
Home Price	$175,300.00	$184,700.00	5.1%
Avg. Mortgage Payment	$1,474.08	$2,346.69	37.2%
Apartment Rent	$695.00	$949.00	26.8%

Transportation

Item	Grove	National avg.	Difference
Gasoline	$3.11	$3.46	10.1%
Tire Balancing	$59.12	$59.92	1.3%

Utilities

Item	Grove	National avg.	Difference
All Electricity	$218.93	$193.99	12.9%
Phone	$196.63	$192.25	2.3%

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.
Deer Lick, OK	97	98	2.1%
Brush Creek, OK	119	98	2.1%
Maysville, AR	329	98	2.1%
Sycamore, OK	0	98	2.1%
Dodge, OK	39	94	6.2%
Grove, OK	7,060	92	7.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Atherton, CA	7,060	342	242.3%
Morrow, GA	7,061	91	8.8%
Clinton, MA	7,058	123	23.0%
Clarkston Heights-Vineland, WA	7,062	114	14.1%
Bremen, GA	7,057	95	5.4%
Grove, OK	7,060	92	7.8%

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 Grove, OK