Cost of Living in Broken Arrow, OK

With a cost of living index of 88, Broken Arrow, OK is a very affordable place to live. Living here is 12% cheaper than the national average and 17% above the Oklahoma state average of 71. As a major city with a population of 115,919, Broken Arrow offers a wide range of housing options, employment opportunities, and urban amenities.

Housing costs are the biggest factor in Broken Arrow's cost of living. The median monthly rent is $1,240 (6% below the US median of $1,319), and the median home value sits at $229,300 (25% below the national median of $304,900). At current prices, the median home costs roughly 2.7x the median household income — well within traditional affordability guidelines.

The median household income in Broken Arrow is $85,220, which is 13% higher 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.

Everyday prices in the Tulsa, OK (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.