Cost of Living in Spaulding, OK

With a cost of living index of 64, Spaulding, OK is one of the most affordable cities in the country. Living here is 36% cheaper than the national average and 8% below the Oklahoma state average of 71. Spaulding is a small community of 102 residents.

Housing costs are the biggest factor in Spaulding's cost of living. The median monthly rent is $770 (42% below the US median of $1,319), and the median home value sits at $108,300 (64% 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 Spaulding is $33,750, which is 55% lower than the national median of $75,149. Residents spend roughly 27% 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 Spaulding. The area sees an average annual temperature of 62.3°F, with summers averaging 81°F and winters around 43°F. Annual rainfall totals 42.6 inches spread over roughly 91 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.