Cost of Living in Hanson, OK

With a cost of living index of 85, Hanson, OK is a very affordable place to live. Living here is 15% cheaper than the national average and 14% above the Oklahoma state average of 71. Hanson is a small community of 161 residents.

The median household income in Hanson is $66,136, which is 12% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the Fort Smith, AR-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.