Cost of Living in Briggs, OK
Population: 1,078 | Oklahoma
Briggs is 39% less expensive than the national average.
Cost of Living in Briggs, OK: What You Need to Know
With a cost of living index of 61, Briggs, OK is one of the most affordable cities in the country. Living here is 39% cheaper than the national average and 11% below the Oklahoma state average of 71. Briggs is a small community of 1,078 residents.
Housing costs are the biggest factor in Briggs's cost of living. The median monthly rent is $671 (49% below the US median of $1,319), and the median home value sits at $108,300 (64% below the national median of $304,900). At current prices, the median home costs roughly 2.3x the median household income — well within traditional affordability guidelines.
The median household income in Briggs is $46,548, which is 38% lower than the national median of $75,149. Residents spend roughly 17% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $46,548
- vs US Median ($75,149)
- -38%
Housing
- Median Rent
- $671/mo
- Median Home Value
- $108,300
- Median Monthly Housing Cost
- $542/mo