Cost of Living in Minco, OK
Population: 1,540 | Oklahoma
Minco is 17% less expensive than the national average.
Cost of Living in Minco, OK: What You Need to Know
With a cost of living index of 83, Minco, OK is a very affordable place to live. Living here is 17% cheaper than the national average and 12% above the Oklahoma state average of 71. Minco is a small community of 1,540 residents.
The median household income in Minco is $60,114, which is 20% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Everyday prices in the Oklahoma City, OK (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
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
- $60,114
- vs US Median ($75,149)
- -20%
Housing
- Median Home Value
- $129,500
- Median Monthly Housing Cost
- $650/mo
Everyday Prices in Minco
BLS Average Prices for the Oklahoma City, OK (Metropolitan Statistical Area) area