Cost of Living in Mountain View, OK
Population: 575 | Oklahoma
Mountain View is 45% less expensive than the national average.
Cost of Living in Mountain View, OK: What You Need to Know
With a cost of living index of 55, Mountain View, OK is one of the most affordable cities in the country. Living here is 45% cheaper than the national average and 16% below the Oklahoma state average of 71. Mountain View is a small community of 575 residents.
Housing costs are the biggest factor in Mountain View's cost of living. The median monthly rent is $566 (57% below the US median of $1,319), and the median home value sits at $75,300 (75% 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 Mountain View is $55,781, which is 26% lower 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. 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
- $55,781
- vs US Median ($75,149)
- -26%
Housing
- Median Rent
- $566/mo
- Median Home Value
- $75,300
- Median Monthly Housing Cost
- $539/mo