Cost of Living in Council Hill, OK
Population: 97 | Oklahoma
Council Hill is 45% less expensive than the national average.
Cost of Living in Council Hill, OK: What You Need to Know
With a cost of living index of 55, Council Hill, OK is one of the most affordable cities in the country. Living here is 45% cheaper than the national average and 16% below the Oklahoma state average of 71. Council Hill is a small community of 97 residents.
Housing costs are the biggest factor in Council Hill's cost of living. The median monthly rent is $638 (52% below the US median of $1,319), and the median home value sits at $52,500 (83% below the national median of $304,900). At current prices, the median home costs roughly 1.3x the median household income — well within traditional affordability guidelines.
The median household income in Council Hill is $41,875, which is 44% lower than the national median of $75,149. Residents spend roughly 18% 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
- $41,875
- vs US Median ($75,149)
- -44%
Housing
- Median Rent
- $638/mo
- Median Home Value
- $52,500
- Median Monthly Housing Cost
- $613/mo