Cost Of Living in Sayre, 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	Sayre	Oklahoma	National
Cost of living	79	86	100
Goods & Services	90	91	100
Groceries	95	94	100
Health care	97	93	100
Housing	45	69	100
Transportation	94	93	100
Utilities	98	98	100

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Cost Of Living Quick Facts

The cost of living in Sayre is 9% lower than the Oklahoma average
The cost of living in Sayre is 21% lower than the national average
Sayre housing is 55% 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	$40,298	$3,358	$940	$1,209
Renters	$0	$0	$0	$0

A good way to judge both the affordability of the housing and the cost of living in Sayre 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. Sayre has a median income of about $40,298 for people who own homes. Based on that number, a maximum of $940 should be spent on expenses related to housing. Renters have a slightly different median income, which is $0. Based on this average, renters should spend no more than $0 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	Sayre	National avg.	Difference
Haircut	$18.44	$24.26	24.0%
Beauty Salon	$40.04	$45.56	12.1%
Toothpaste	$3.53	$3.70	4.6%
Shampoo	$1.24	$1.28	3.3%
Movie	$11.19	$12.13	7.7%
Bowling	$16.67	$18.00	7.4%

Groceries

Item	Sayre	National avg.	Difference
Ground Beef	$6.10	$5.84	4.5%
Fried Chicken	$1.39	$1.57	11.6%
Milk	$4.54	$4.67	2.8%
Potatoes	$4.93	$4.93	0.1%
Pizza	$12.10	$12.09	0.1%
Beer	$9.83	$10.41	5.6%

Health Care

Item	Sayre	National avg.	Difference
Optometrist	$119.30	$125.68	5.1%
Doctor	$100.35	$135.78	26.1%
Dentist	$102.46	$113.29	9.6%
Ibuprofen	$10.38	$10.65	2.6%
Lipitor	$511.35	$468.60	9.1%

Housing

Item	Sayre	National avg.	Difference
Home Price	$61,800.00	$184,700.00	66.5%
Avg. Mortgage Payment	$2,086.56	$2,346.69	11.1%
Apartment Rent	$680.00	$949.00	28.3%

Transportation

Item	Sayre	National avg.	Difference
Gasoline	$3.10	$3.46	10.5%
Tire Balancing	$62.19	$59.92	3.8%

Utilities

Item	Sayre	National avg.	Difference
All Electricity	$182.99	$193.99	5.7%
Phone	$193.02	$192.25	0.4%

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.
Erick, OK	768	78	22.1%
Carter, OK	195	83	17.3%
Elk City, OK	11,544	91	9.2%
Sayre, OK	4,480	79	21.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Gifford, FL	4,481	88	12.1%
Rockford, MN	4,481	99	1.0%
Berwick, LA	4,478	85	15.4%
Whiteville, TN	4,482	80	20.0%
Holtville, AL	4,476	95	4.9%
Sayre, OK	4,480	79	21.4%

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 Sayre, OK