Cost of Living in Pocola, OK
Population: 4,359 | Oklahoma
Pocola is 35% less expensive than the national average.
Cost of Living in Pocola, OK: What You Need to Know
With a cost of living index of 65, Pocola, OK is one of the most affordable cities in the country. Living here is 35% cheaper than the national average and 6% below the Oklahoma state average of 71. Pocola is a small community of 4,359 residents.
Housing costs are the biggest factor in Pocola's cost of living. The median monthly rent is $747 (43% below the US median of $1,319), and the median home value sits at $134,200 (56% below the national median of $304,900). At current prices, the median home costs roughly 2.8x the median household income — well within traditional affordability guidelines.
The median household income in Pocola is $48,333, which is 36% lower than the national median of $75,149. Residents spend roughly 19% 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
- $48,333
- vs US Median ($75,149)
- -36%
Housing
- Median Rent
- $747/mo
- Median Home Value
- $134,200
- Median Monthly Housing Cost
- $698/mo