Cost of Living in Alva, OK
Population 5,009 · Oklahoma · Data vintage 2023
(100 = US avg)
Alva's median household income of $41,728 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (23% here). Unemployment has stayed elevated relative to the national figure — 6.5% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Geographically, Alva lies roughly 95 miles southwest of the nearest major metro, Wichita. Median home values run roughly 26% lower than Wichita's $180,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Alva
The median home value in Alva is $132,500 — 57% below the national median of $305,000. Median rent runs $826/month, 37% lower than the national median of $1,314/month. The median household income of $41,728/year is 44% lower than the US median of $74,580. The local unemployment rate is 6.5%, above the national average of 4.8%. Oklahoma's top state income tax rate is 4.8% and the combined sales tax is 9.0%. Overall, Alva has a cost of living index of 51 versus the US average of 100, meaning it is 49% less expensive.
Alva has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Alva, OK?
Alva has a cost index of 51 (100 = national average). It is 49% below the national average.
What is average rent in Alva, OK?
The median gross rent in Alva is $826 per month based on 2023 Census data.
What is the average home price in Alva?
The median home value in Alva is $132,500 according to Zillow and Census data.
What is the median income in Alva?
The median household income in Alva is $41,728 per year (2023 ACS 5-year estimates).
What is the sales tax in Alva, OK?
The combined state and local sales tax rate in Alva is 9.0%. The Oklahoma state income tax top rate is 4.8%.
Is Alva, OK affordable?
Yes, Alva is generally considered affordable, with a cost of living index of 51 — about 49% below the US national average of 100.
Alva at a Glance
- Population
- 5,009
- Median Income
- $41,728
- Home Value
- $132,500
- Median Rent
- $826/mo
- Unemployment
- 6.5%
- Sales Tax
- 9.0%
Explore county-level cost of living data
Oklahoma Rankings
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