Cost of Living in Steely Hollow, OK
Population: 371 | Oklahoma
Steely Hollow is 17% less expensive than the national average.
Cost of Living in Steely Hollow, OK: What You Need to Know
With a cost of living index of 83, Steely Hollow, OK is a very affordable place to live. Living here is 17% cheaper than the national average and 12% above the Oklahoma state average of 71. Steely Hollow is a small community of 371 residents.
The median household income in Steely Hollow is $105,146, which is 40% higher than the national median of $75,149. Residents spend roughly 10% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
Climate is another factor for anyone considering a move to Steely Hollow. 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.
Income
- Median Household Income
- $105,146
- vs US Median ($75,149)
- +40%
Housing
- Median Rent
- $883/mo
- Median Monthly Housing Cost
- $641/mo
Climate in Steely Hollow
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 50 | 54 | 64 | 72 | 79 | 87 | 92 | 92 | 85 | 74 | 62 | 52 |
| Avg °F | 39 | 43 | 52 | 61 | 69 | 77 | 82 | 81 | 73 | 62 | 50 | 41 |
| Low °F | 28 | 32 | 41 | 49 | 58 | 67 | 71 | 70 | 62 | 50 | 39 | 31 |
| Rain" | 2.3 | 2.2 | 3.4 | 4.1 | 5.5 | 4.4 | 3.6 | 3.1 | 4.3 | 4.1 | 3.4 | 2.9 |