Cost of Living in Enid, OK
Population: 50,821 | Oklahoma
Enid is 31% less expensive than the national average.
Cost of Living in Enid, OK: What You Need to Know
With a cost of living index of 70, Enid, OK is one of the most affordable cities in the country. Living here is 31% cheaper than the national average and in line with the Oklahoma state average. With a population of 50,821, Enid is a mid-sized community that balances access to services with a more manageable cost of living compared to larger metros.
Housing costs are the biggest factor in Enid's cost of living. The median monthly rent is $906 (31% below the US median of $1,319), and the median home value sits at $143,500 (53% below the national median of $304,900). At current prices, the median home costs roughly 2.3x the median household income — well within traditional affordability guidelines.
The median household income in Enid is $63,472, which is 16% lower 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. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Everyday prices in the Enid, 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.
Income
- Median Household Income
- $63,472
- vs US Median ($75,149)
- -16%
Housing
- Median Rent
- $906/mo
- Median Home Value
- $143,500
- Median Monthly Housing Cost
- $874/mo
Everyday Prices in Enid
BLS Average Prices for the Enid, OK (Metropolitan Statistical Area) * area