Cost of Living in Hulbert, OK
Population: 445 | Oklahoma
Hulbert is 40% less expensive than the national average.
Cost of Living in Hulbert, OK: What You Need to Know
With a cost of living index of 60, Hulbert, OK is one of the most affordable cities in the country. Living here is 40% cheaper than the national average and 11% below the Oklahoma state average of 71. Hulbert is a small community of 445 residents.
Housing costs are the biggest factor in Hulbert's cost of living. The median monthly rent is $705 (47% below the US median of $1,319), and the median home value sits at $89,400 (71% below the national median of $304,900). At current prices, the median home costs roughly 2x the median household income — well within traditional affordability guidelines.
The median household income in Hulbert is $43,750, which is 42% lower than the national median of $75,149. Residents spend roughly 19% 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
- $43,750
- vs US Median ($75,149)
- -42%
Housing
- Median Rent
- $705/mo
- Median Home Value
- $89,400
- Median Monthly Housing Cost
- $592/mo