Cost of Living in Wann, OK

With a cost of living index of 71, Wann, OK is one of the most affordable cities in the country. Living here is 29% cheaper than the national average and in line with the Oklahoma state average. Wann is a small community of 108 residents.

Housing costs are the biggest factor in Wann's cost of living. The median monthly rent is $1,125 (15% below the US median of $1,319), and the median home value sits at $63,300 (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 Wann is $54,375, which is 28% lower than the national median of $75,149. Residents spend roughly 25% 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 Wann. The area sees an average annual temperature of 58.2°F, with summers averaging 79°F and winters around 37°F. Annual rainfall totals 40.3 inches spread over roughly 95 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.