Cost of Living in Wright City, OK

With a cost of living index of 58, Wright City, OK is one of the most affordable cities in the country. Living here is 42% cheaper than the national average and 13% below the Oklahoma state average of 71. Wright City is a small community of 535 residents.

Housing costs are the biggest factor in Wright City's cost of living. The median monthly rent is $730 (45% below the US median of $1,319), and the median home value sits at $58,000 (81% below the national median of $304,900). At current prices, the median home costs roughly 1.5x the median household income — well within traditional affordability guidelines.

The median household income in Wright City is $38,472, which is 49% lower than the national median of $75,149. Residents spend roughly 23% 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 Wright City. The area sees an average annual temperature of 63.1°F, with summers averaging 81°F and winters around 45°F. Annual rainfall totals 44.4 inches spread over roughly 93 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.