Cost of Living in Tonkawa Tribal Housing, OK

With a cost of living index of 49, Tonkawa Tribal Housing, OK is one of the most affordable cities in the country. Living here is 51% cheaper than the national average and 22% below the Oklahoma state average of 71. Tonkawa Tribal Housing is a small community of 323 residents.

Housing costs are the biggest factor in Tonkawa Tribal Housing's cost of living. The median monthly rent is $458 (65% below the US median of $1,319), and the median home value sits at $49,000 (84% below the national median of $304,900). At current prices, the median home costs roughly 1.3x the median household income — well within traditional affordability guidelines.

The median household income in Tonkawa Tribal Housing is $39,167, which is 48% lower than the national median of $75,149. Residents spend roughly 14% 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 Tonkawa Tribal Housing. The area sees an average annual temperature of 59.4°F, with summers averaging 80°F and winters around 38°F. Annual rainfall totals 33.6 inches spread over roughly 82 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.