Cost of Living in Shattuck, OK

With a cost of living index of 64, Shattuck, OK is one of the most affordable cities in the country. Living here is 37% cheaper than the national average and 8% below the Oklahoma state average of 71. Shattuck is a small community of 1,185 residents.

Housing costs are the biggest factor in Shattuck's cost of living. The median monthly rent is $702 (47% below the US median of $1,319), and the median home value sits at $132,800 (56% below the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Shattuck is $41,875, which is 44% lower than the national median of $75,149. Residents spend roughly 20% 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 Shattuck. The area sees an average annual temperature of 59.1°F, with summers averaging 80°F and winters around 38°F. Annual rainfall totals 21.4 inches spread over roughly 65 days.

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.