Cost of Living in Honey Hill, OK
Population: 209 | Oklahoma
Honey Hill is 13% less expensive than the national average.
Cost of Living in Honey Hill, OK: What You Need to Know
With a cost of living index of 87, Honey Hill, OK is a very affordable place to live. Living here is 13% cheaper than the national average and 16% above the Oklahoma state average of 71. Honey Hill is a small community of 209 residents.
The median household income in Honey Hill is $41,250, which is 45% lower than the national median of $75,149. Residents spend roughly 29% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. 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
- $41,250
- vs US Median ($75,149)
- -45%
Housing
- Median Rent
- $1,011/mo
- Median Monthly Housing Cost
- $579/mo