Cost of Living in Shady Grove CDP (Cherokee County), OK

With a cost of living index of 84, Shady Grove CDP (Cherokee County), OK is a very affordable place to live. Living here is 16% cheaper than the national average and 13% above the Oklahoma state average of 71. Shady Grove CDP (Cherokee County) is a small community of 449 residents.

Housing costs are the biggest factor in Shady Grove CDP (Cherokee County)'s cost of living. The median monthly rent is $1,297 (2% below the US median of $1,319), and the median home value sits at $165,100 (46% below the national median of $304,900). At current prices, the median home costs roughly 3.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in Shady Grove CDP (Cherokee County) is $53,750, which is 28% lower than the national median of $75,149. Residents spend roughly 29% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. 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 Shady Grove CDP (Cherokee County). The area sees an average annual temperature of 60.8°F, with summers averaging 80°F and winters around 41°F. Annual rainfall totals 43.2 inches spread over roughly 101 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.