Cost of Living in Martha, OK

With a cost of living index of 66, Martha, OK is one of the most affordable cities in the country. Living here is 34% cheaper than the national average and 5% below the Oklahoma state average of 71. Martha is a small community of 121 residents.

Housing costs are the biggest factor in Martha's cost of living. The median monthly rent is $850 (36% below the US median of $1,319), and the median home value sits at $107,800 (65% below the national median of $304,900). At current prices, the median home costs roughly 1.3x the median household income — well within traditional affordability guidelines.

The median household income in Martha is $83,333, which is 11% higher than the national median of $75,149. Residents spend roughly 12% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.