Cost of Living in Ryan, OK

With a cost of living index of 51, Ryan, OK is one of the most affordable cities in the country. Living here is 49% cheaper than the national average and 20% below the Oklahoma state average of 71. Ryan is a small community of 772 residents.

Housing costs are the biggest factor in Ryan's cost of living. The median monthly rent is $517 (61% below the US median of $1,319), and the median home value sits at $47,300 (84% below the national median of $304,900). At current prices, the median home costs roughly 1x the median household income — well within traditional affordability guidelines.

The median household income in Ryan is $47,188, which is 37% lower than the national median of $75,149. Residents spend roughly 13% 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.

Climate is another factor for anyone considering a move to Ryan. The area sees an average annual temperature of 63.7°F, with summers averaging 83°F and winters around 44°F. Annual rainfall totals 27.9 inches spread over roughly 73 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

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.