Cost of Living in Stonewall, OK

With a cost of living index of 53, Stonewall, OK is one of the most affordable cities in the country. Living here is 47% cheaper than the national average and 18% below the Oklahoma state average of 71. Stonewall is a small community of 425 residents.

Housing costs are the biggest factor in Stonewall's cost of living. The median monthly rent is $544 (59% below the US median of $1,319), and the median home value sits at $62,700 (79% below the national median of $304,900). At current prices, the median home costs roughly 1.2x the median household income — well within traditional affordability guidelines.

The median household income in Stonewall is $53,333, which is 29% lower than the national median of $75,149. Residents spend roughly 12% 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 Stonewall. 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.