Cost of Living in Taylor Ferry, OK

With a cost of living index of 67, Taylor Ferry, OK is one of the most affordable cities in the country. Living here is 33% cheaper than the national average and 4% below the Oklahoma state average of 71. Taylor Ferry is a small community of 791 residents.

Housing costs are the biggest factor in Taylor Ferry's cost of living. The median monthly rent is $584 (56% below the US median of $1,319), and the median home value sits at $218,500 (28% below the national median of $304,900). At current prices, the median home costs roughly 2.9x the median household income — well within traditional affordability guidelines.

The median household income in Taylor Ferry is $76,389, which is 2% higher than the national median of $75,149. Residents spend roughly 9% 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 Taylor Ferry. 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.

Everyday prices in the Tulsa, OK (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.