Cost of Living in McLoud, OK

Population 4,424 · Oklahoma · Data vintage 2023

49
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in McLoud stay well under national norms: a median home value of $146,000 against median household incomes of $64,167 gives the city one of the more comfortable price-to-income ratios in Oklahoma.

Located 20 miles northeast of Norman, McLoud falls within that metro's commuting orbit. Median home values run roughly 39% lower than Norman's $239,000.

Cost Overview

Housing 48
Rent 50

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

About the Cost of Living in McLoud

The median home value in McLoud is $146,300 — 52% below the national median of $305,000. Median rent runs $660/month, 50% lower than the national median of $1,314/month. The median household income of $64,167/year is 14% lower than the US median of $74,580. The local unemployment rate is 3.9%, 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 71.4°F and lows of 48.8°F, with about 6.7" of annual snowfall. Overall, McLoud has a cost of living index of 49 versus the US average of 100, meaning it is 51% less expensive.

🏠 Housing

Median Home Value
$146,300
52% below avg
Zillow Home Value
$226,629
Zillow ZHVI
Median Rent
$660/mo
50% below avg
Price-to-Rent Ratio
18.5x
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 67.0%
Renter-occupied 33.0%

💰 Estimated Monthly Budget

Rent median rent
$660
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,274/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
28.5 min
6% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.5%

Commute Mode

Drove alone
84.6%
Carpooled
4.0%
Walked
6.3%
Bicycle
1.6%
Work from home
3.5%

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
$64,167
14% below avg
Per Capita Income
$20,702
Unemployment Rate
3.9%
20% below avg
Poverty Rate
12.2%
Labor Force Participation
37.1%

🎓 Education

Bachelor's degree+ 10.4%
Graduate degree 2.3%

👥 Demographics

Median Age 40.5
Male median age 47.5
Female median age 38.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
71.4°F
Avg Low
48.8°F
Annual Precip
36.4"
Annual Snowfall
6.7"
20° 40° 60° 80° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 495463717988939284736150
Low °F 273140485866706962493830
Precip" 1.321.422.553.605.314.493.593.603.723.321.681.79
Snow" 1.81.80.80.00.00.00.00.00.00.00.51.8

🏫 Schools

NCES CCD 2019 — public school district data

77%
4-Year Graduation Rate
14.1:1
Student-teacher ratio
6
Public schools
1,763
Total enrollment

Frequently Asked Questions

What is the cost of living in McLoud, OK?

McLoud has a cost index of 49 (100 = national average). It is 51% below the national average.

What is average rent in McLoud, OK?

The median gross rent in McLoud is $660 per month based on 2023 Census data.

What is the average home price in McLoud?

The median home value in McLoud is $146,300 according to Zillow and Census data.

What is the median income in McLoud?

The median household income in McLoud is $64,167 per year (2023 ACS 5-year estimates).

What is the sales tax in McLoud, OK?

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

Is McLoud, OK affordable?

Yes, McLoud is generally considered affordable, with a cost of living index of 49 — about 51% below the US national average of 100.

What is the weather like in McLoud?

McLoud has average high temperatures of 71.4°F and average lows of 48.8°F. Annual precipitation is 36.4". Average annual snowfall is 6.7". Data from NOAA 1991–2020 Climate Normals.

McLoud at a Glance

Population
4,424
Median Income
$64,167
Home Value
$146,300
Median Rent
$660/mo
Unemployment
3.9%
Avg High Temp
71.4°F
Sales Tax
9.0%
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