Cost of Living in Kingfisher, OK

With a cost of living index of 78, Kingfisher, OK is a very affordable place to live. Living here is 22% cheaper than the national average and 7% above the Oklahoma state average of 71. Kingfisher is a small community of 4,964 residents.

Housing costs are the biggest factor in Kingfisher's cost of living. The median monthly rent is $932 (29% below the US median of $1,319), and the median home value sits at $219,400 (28% below the national median of $304,900). At current prices, the median home costs roughly 3.3x the median household income — a moderately affordable ratio by today's standards.

The median household income in Kingfisher is $66,000, which is 12% lower than the national median of $75,149. Residents spend roughly 17% 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.