Cost of Living in Cleora, OK

With a cost of living index of 78, Cleora, 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. Cleora is a small community of 1,449 residents.

Housing costs are the biggest factor in Cleora's cost of living. The median monthly rent is $950 (28% below the US median of $1,319), and the median home value sits at $214,400 (30% below the national median of $304,900). At current prices, the median home costs roughly 2.6x the median household income — well within traditional affordability guidelines.

The median household income in Cleora is $82,614, which is 10% higher than the national median of $75,149. Residents spend roughly 14% 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.