Cost of Living in Bethany, OK

Population 20,606 · Oklahoma · Data vintage 2023

64
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Bethany is a smaller Oklahoma community of around 21000 residents, where median household incomes of $55,063 and housing costs ($162,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 6.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 8 miles west of Oklahoma City, Bethany falls within that metro's commuting orbit. Median home values run roughly 25% lower than Oklahoma City's $215,000.

Cost Overview

Housing 53
Rent 82

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Bethany

The median home value in Bethany is $161,500 — 47% below the national median of $305,000. Median rent runs $1,071/month, 18% lower than the national median of $1,314/month. The median household income of $55,063/year is 26% lower than the US median of $74,580. The local unemployment rate is 6.3%, 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%. The climate averages highs of 72.6°F and lows of 50.3°F. Overall, Bethany has a cost of living index of 64 versus the US average of 100, meaning it is 36% less expensive.

🏠 Housing

Median Home Value
$161,500
47% below avg
Zillow Home Value
$174,560
Zillow ZHVI
Median Rent
$1,071/mo
18% below avg
Zillow Rent
$1,138/mo
Zillow ZORI
Price-to-Rent Ratio
12.6x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$678
1 BR
$728
2 BR
$910
3 BR
$1,220
4 BR
$1,439
Owner-occupied 52.0%
Renter-occupied 48.0%

💰 Estimated Monthly Budget

Rent median rent
$1,071
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,685/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
22.5 min
17% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.5%

Commute Mode

Drove alone
78.8%
Carpooled
12.7%
Walked
2.0%
Bicycle
0.1%
Work from home
4.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 4.8%
Total Sales Tax 9.0%
State rate 4.5%
Avg local rate 4.5%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$55,063
26% below avg
Per Capita Income
$24,791
Unemployment Rate
6.3%
30% above avg
Poverty Rate
18.9%
Labor Force Participation
60.8%

🎓 Education

Bachelor's degree+ 15.8%
Graduate degree 6.4%

👥 Demographics

Median Age 31.5
Male median age 30.6
Female median age 32

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
72.6°F
Avg Low
50.3°F
Annual Precip
30.7"
20° 40° 60° 80° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 515564728089959485746251
Low °F 283140495968737163513930
Precip" 0.780.982.043.004.264.832.883.493.002.721.471.27

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 53 — Moderate
41.1%
Good air days/yr
136
Max AQI recorded
208
PM2.5 days
140
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
17.8:1
Student-teacher ratio
4
Public schools
1,730
Total enrollment

Frequently Asked Questions

What is the cost of living in Bethany, OK?

Bethany has a cost index of 64 (100 = national average). It is 36% below the national average.

What is average rent in Bethany, OK?

The median gross rent in Bethany is $1,071 per month based on 2023 Census data.

What is the average home price in Bethany?

The median home value in Bethany is $161,500 according to Zillow and Census data.

What is the median income in Bethany?

The median household income in Bethany is $55,063 per year (2023 ACS 5-year estimates).

What is the sales tax in Bethany, OK?

The combined state and local sales tax rate in Bethany is 9.0%. The Oklahoma state income tax top rate is 4.8%.

Is Bethany, OK affordable?

Yes, Bethany is generally considered affordable, with a cost of living index of 64 — about 36% below the US national average of 100.

What is the weather like in Bethany?

Bethany has average high temperatures of 72.6°F and average lows of 50.3°F. Annual precipitation is 30.7". Data from NOAA 1991–2020 Climate Normals.

Bethany at a Glance

Population
20,606
Median Income
$55,063
Home Value
$161,500
Median Rent
$1,071/mo
Unemployment
6.3%
Avg High Temp
72.6°F
Sales Tax
9.0%
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