Cost of Living in Foster, OK

With a cost of living index of 77, Foster, OK is a very affordable place to live. Living here is 23% cheaper than the national average and 6% above the Oklahoma state average of 71. Foster is a small community of 229 residents.

Housing costs are the biggest factor in Foster's cost of living. The median monthly rent is $900 (32% below the US median of $1,319), and the median home value sits at $226,900 (26% below the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Foster is $71,683, which is 5% 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.

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.