Cost of Living in Hugo, OK

Population 5,184 · Oklahoma · Data vintage 2023

38
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $31,694, median household incomes in Hugo land roughly 58% below the US median, a gap that tends to persist across local labor-market indicators. Around 32% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Hugo lies roughly 85 miles northeast of the nearest major metro, McKinney — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 78% lower than McKinney's $440,000.

Cost Overview

Housing 32
Rent 48

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

About the Cost of Living in Hugo

The median home value in Hugo is $96,100 — 68% below the national median of $305,000. Median rent runs $634/month, 52% lower than the national median of $1,314/month. The median household income of $31,694/year is 58% lower than the US median of $74,580. The local unemployment rate is 3.8%, below 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 73.3°F and lows of 51.3°F. Overall, Hugo has a cost of living index of 38 versus the US average of 100, meaning it is 62% less expensive.

🏠 Housing

Median Home Value
$96,100
68% below avg
Zillow Home Value
$452,346
Zillow ZHVI
Median Rent
$634/mo
52% below avg
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 42.5%
Renter-occupied 57.5%

💰 Estimated Monthly Budget

Rent median rent
$634
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,248/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
19.0 min
30% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.5%

Commute Mode

Drove alone
73.5%
Carpooled
16.4%
Public transit
2.5%
Walked
1.8%
Bicycle
0.4%
Work from home
5.5%

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
$31,694
58% below avg
Per Capita Income
$19,767
Unemployment Rate
3.8%
21% below avg
Poverty Rate
32.0%
Labor Force Participation
51.3%

🎓 Education

Bachelor's degree+ 8.5%
Graduate degree 3.0%

👥 Demographics

Median Age 33.6
Male median age 32.2
Female median age 37.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
73.3°F
Avg Low
51.3°F
Annual Precip
42.6"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 525765738088939386756354
Low °F 303442506068727163524133
Precip" 2.232.393.414.635.304.463.372.963.664.173.013.02

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
15.4:1
Student-teacher ratio
4
Public schools
1,198
Total enrollment

Frequently Asked Questions

What is the cost of living in Hugo, OK?

Hugo has a cost index of 38 (100 = national average). It is 62% below the national average.

What is average rent in Hugo, OK?

The median gross rent in Hugo is $634 per month based on 2023 Census data.

What is the average home price in Hugo?

The median home value in Hugo is $96,100 according to Zillow and Census data.

What is the median income in Hugo?

The median household income in Hugo is $31,694 per year (2023 ACS 5-year estimates).

What is the sales tax in Hugo, OK?

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

Is Hugo, OK affordable?

Yes, Hugo is generally considered affordable, with a cost of living index of 38 — about 62% below the US national average of 100.

What is the weather like in Hugo?

Hugo has average high temperatures of 73.3°F and average lows of 51.3°F. Annual precipitation is 42.6". Data from NOAA 1991–2020 Climate Normals.

Hugo at a Glance

Population
5,184
Median Income
$31,694
Home Value
$96,100
Median Rent
$634/mo
Unemployment
3.8%
Avg High Temp
73.3°F
Sales Tax
9.0%
View all cities in Oklahoma →
🗺️ County data for Oklahoma

Explore county-level cost of living data

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