Cost of Living in Cache, OK

Population 3,045 · Oklahoma · Data vintage 2023

56
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Cache is a smaller Oklahoma community of around 3000 residents, where median household incomes of $61,554 and housing costs ($160,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Unemployment has stayed elevated relative to the national figure — 7.4% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 50 miles north of Wichita Falls, Cache is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 12% higher than Wichita Falls' $143,000.

Cost Overview

Housing 52
Rent 62

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

About the Cost of Living in Cache

The median home value in Cache is $159,700 — 48% below the national median of $305,000. Median rent runs $813/month, 38% lower than the national median of $1,314/month. The median household income of $61,554/year is 17% lower than the US median of $74,580. The local unemployment rate is 7.4%, 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 75.4°F and lows of 49.8°F. Overall, Cache has a cost of living index of 56 versus the US average of 100, meaning it is 44% less expensive.

🏠 Housing

Median Home Value
$159,700
48% below avg
Zillow Home Value
$227,237
Zillow ZHVI
Median Rent
$813/mo
38% below avg
Price-to-Rent Ratio
16.4x
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 70.3%
Renter-occupied 29.6%

💰 Estimated Monthly Budget

Rent median rent
$813
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,427/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
24.6 min
9% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.0%

Commute Mode

Drove alone
82.9%
Carpooled
12.5%
Work from home
4.0%

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
$61,554
17% below avg
Per Capita Income
$30,275
Unemployment Rate
7.4%
53% above avg
Poverty Rate
15.4%
Labor Force Participation
58.6%

🎓 Education

Bachelor's degree+ 18.4%
Graduate degree 6.4%

👥 Demographics

Median Age 36.9
Male median age 36.2
Female median age 37.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
75.4°F
Avg Low
49.8°F
Annual Precip
27.5"
20° 40° 60° 80° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 545867758392979688776454
Low °F 273241495968727163503829
Precip" 1.040.891.892.463.723.982.003.212.802.521.501.46

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 46 — Good
60.5%
Good air days/yr
126
Max AQI recorded
174
PM2.5 days
183
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

77%
4-Year Graduation Rate
17.4:1
Student-teacher ratio
5
Public schools
2,048
Total enrollment

Frequently Asked Questions

What is the cost of living in Cache, OK?

Cache has a cost index of 56 (100 = national average). It is 44% below the national average.

What is average rent in Cache, OK?

The median gross rent in Cache is $813 per month based on 2023 Census data.

What is the average home price in Cache?

The median home value in Cache is $159,700 according to Zillow and Census data.

What is the median income in Cache?

The median household income in Cache is $61,554 per year (2023 ACS 5-year estimates).

What is the sales tax in Cache, OK?

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

Is Cache, OK affordable?

Yes, Cache is generally considered affordable, with a cost of living index of 56 — about 44% below the US national average of 100.

What is the weather like in Cache?

Cache has average high temperatures of 75.4°F and average lows of 49.8°F. Annual precipitation is 27.5". Data from NOAA 1991–2020 Climate Normals.

Cache at a Glance

Population
3,045
Median Income
$61,554
Home Value
$159,700
Median Rent
$813/mo
Unemployment
7.4%
Avg High Temp
75.4°F
Sales Tax
9.0%
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