Cost of Living in Burneyville, OK

With a cost of living index of 78, Burneyville, OK is a very affordable place to live. Living here is 22% cheaper than the national average and 7% above the Oklahoma state average of 71. Burneyville is a small community of 1,030 residents.

Housing costs are the biggest factor in Burneyville's cost of living. The median monthly rent is $1,133 (14% below the US median of $1,319), and the median home value sits at $154,200 (49% below the national median of $304,900). At current prices, the median home costs roughly 2.2x the median household income — well within traditional affordability guidelines.

The median household income in Burneyville is $71,063, which is 5% lower than the national median of $75,149. Residents spend roughly 19% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.