Cost of Living in Keys, OK

With a cost of living index of 68, Keys, OK is one of the most affordable cities in the country. Living here is 32% cheaper than the national average and 3% below the Oklahoma state average of 71. Keys is a small community of 968 residents.

Housing costs are the biggest factor in Keys's cost of living. The median monthly rent is $863 (35% below the US median of $1,319), and the median home value sits at $125,000 (59% below the national median of $304,900). At current prices, the median home costs roughly 3.6x the median household income — a moderately affordable ratio by today's standards.

The median household income in Keys is $34,926, which is 54% lower than the national median of $75,149. Residents spend roughly 30% 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.