Cost of Living in Mustang, OK
Population 21,290 · Oklahoma · Data vintage 2023
(100 = US avg)
Buyers in Mustang can reasonably expect a home to cost less than three years of household income — $228,000 against $88,262 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.
Mustang sits roughly 13 miles west of Oklahoma City — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Oklahoma City's $215,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Mustang
The median home value in Mustang is $227,800 — 25% below the national median of $305,000. Median rent runs $1,243/month, 5% lower than the national median of $1,314/month. The median household income of $88,262/year is 18% higher than the US median of $74,580. The local unemployment rate is 4.5%, 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, Mustang has a cost of living index of 83 versus the US average of 100, meaning it is 17% less expensive.
🏠 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 49 | 54 | 63 | 71 | 79 | 88 | 93 | 92 | 84 | 73 | 61 | 50 |
| Low °F | 27 | 31 | 40 | 48 | 58 | 66 | 70 | 69 | 62 | 49 | 38 | 30 |
| Precip" | 1.32 | 1.42 | 2.55 | 3.60 | 5.31 | 4.49 | 3.59 | 3.60 | 3.72 | 3.32 | 1.68 | 1.79 |
| Snow" | 1.8 | 1.8 | 0.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | 1.8 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Mustang, OK?
Mustang has a cost index of 83 (100 = national average). It is 17% below the national average.
What is average rent in Mustang, OK?
The median gross rent in Mustang is $1,243 per month based on 2023 Census data.
What is the average home price in Mustang?
The median home value in Mustang is $227,800 according to Zillow and Census data.
What is the median income in Mustang?
The median household income in Mustang is $88,262 per year (2023 ACS 5-year estimates).
What is the sales tax in Mustang, OK?
The combined state and local sales tax rate in Mustang is 9.0%. The Oklahoma state income tax top rate is 4.8%.
Is Mustang, OK affordable?
Yes, Mustang is generally considered affordable, with a cost of living index of 83 — about 17% below the US national average of 100.
What is the weather like in Mustang?
Mustang 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.
Mustang at a Glance
- Population
- 21,290
- Median Income
- $88,262
- Home Value
- $227,800
- Median Rent
- $1,243/mo
- Unemployment
- 4.5%
- Avg High Temp
- 71.4°F
- Sales Tax
- 9.0%
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Oklahoma Rankings
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