Cost of Living in Weatherford, OK

With a cost of living index of 74, Weatherford, OK is one of the most affordable cities in the country. Living here is 26% cheaper than the national average and 3% above the Oklahoma state average of 71. Weatherford is a smaller community of 12,014 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Weatherford's cost of living. The median monthly rent is $763 (42% below the US median of $1,319), and the median home value sits at $233,700 (23% below the national median of $304,900). At current prices, the median home costs roughly 4.7x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Weatherford is $50,250, which is 33% lower than the national median of $75,149. Residents spend roughly 18% 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 Weatherford. The area sees an average annual temperature of 60°F, with summers averaging 81°F and winters around 40°F. Annual rainfall totals 23.9 inches spread over roughly 64 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.