Cost of Living in Cookson, OK
Population: 928 | Oklahoma
Cookson is 35% less expensive than the national average.
Cost of Living in Cookson, OK: What You Need to Know
With a cost of living index of 65, Cookson, OK is one of the most affordable cities in the country. Living here is 35% cheaper than the national average and 7% below the Oklahoma state average of 71. Cookson is a small community of 928 residents.
Housing costs are the biggest factor in Cookson's cost of living. The median monthly rent is $797 (40% below the US median of $1,319), and the median home value sits at $110,300 (64% below the national median of $304,900). At current prices, the median home costs roughly 1.8x the median household income — well within traditional affordability guidelines.
The median household income in Cookson is $62,500, which is 17% lower than the national median of $75,149. Residents spend roughly 15% 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
- $62,500
- vs US Median ($75,149)
- -17%
Housing
- Median Rent
- $797/mo
- Median Home Value
- $110,300
- Median Monthly Housing Cost
- $462/mo