Cost of Living in West Siloam Springs, OK

With a cost of living index of 74, West Siloam Springs, 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. West Siloam Springs is a small community of 1,367 residents.

Housing costs are the biggest factor in West Siloam Springs's cost of living. The median monthly rent is $939 (29% below the US median of $1,319), and the median home value sits at $175,400 (42% below the national median of $304,900). At current prices, the median home costs roughly 3x the median household income — well within traditional affordability guidelines.

The median household income in West Siloam Springs is $59,438, which is 21% lower than the national median of $75,149. Residents spend roughly 19% 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 West Siloam Springs. The area sees an average annual temperature of 58.6°F, with summers averaging 78°F and winters around 39°F. Annual rainfall totals 45.4 inches spread over roughly 107 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.