Cost of Living in Perkins, OK

Population 3,229 · Oklahoma · Data vintage 2023

62
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Perkins's median household income of $43,913 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (22% here). At 6.7%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Perkins is about 45 miles northeast of Oklahoma City, the nearest large metro. Median home values run roughly 21% lower than Oklahoma City's $215,000.

Cost Overview

Housing 56
Rent 70

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

About the Cost of Living in Perkins

The median home value in Perkins is $169,700 — 44% below the national median of $305,000. Median rent runs $924/month, 30% lower than the national median of $1,314/month. The median household income of $43,913/year is 41% lower than the US median of $74,580. The local unemployment rate is 6.7%, 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 71.8°F and lows of 48.5°F. Overall, Perkins has a cost of living index of 62 versus the US average of 100, meaning it is 38% less expensive.

🏠 Housing

Median Home Value
$169,700
44% below avg
Zillow Home Value
$166,314
Zillow ZHVI
Median Rent
$924/mo
30% below avg
Zillow Rent
$1,250/mo
Zillow ZORI
Price-to-Rent Ratio
15.3x
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 62.4%
Renter-occupied 37.6%

💰 Estimated Monthly Budget

Rent median rent
$924
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,538/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
21.5 min
20% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.4%

Commute Mode

Drove alone
65.7%
Carpooled
7.2%
Walked
11.0%
Work from home
11.4%

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
$43,913
41% below avg
Per Capita Income
$20,856
Unemployment Rate
6.7%
39% above avg
Poverty Rate
22.1%
Labor Force Participation
63.8%

🎓 Education

Bachelor's degree+ 12.9%
Graduate degree 7.6%

👥 Demographics

Median Age 29.1
Male median age 27.8
Female median age 29.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
71.8°F
Avg Low
48.5°F
Annual Precip
36"
20° 40° 60° 80° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 495463727988949385736151
Low °F 263038475867717061493729
Precip" 1.321.562.754.154.714.643.423.662.942.942.281.67

🏫 Schools

NCES CCD 2019 — public school district data

82%
4-Year Graduation Rate
15.7:1
Student-teacher ratio
4
Public schools
1,536
Total enrollment

Frequently Asked Questions

What is the cost of living in Perkins, OK?

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

What is average rent in Perkins, OK?

The median gross rent in Perkins is $924 per month based on 2023 Census data.

What is the average home price in Perkins?

The median home value in Perkins is $169,700 according to Zillow and Census data.

What is the median income in Perkins?

The median household income in Perkins is $43,913 per year (2023 ACS 5-year estimates).

What is the sales tax in Perkins, OK?

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

Is Perkins, OK affordable?

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

What is the weather like in Perkins?

Perkins has average high temperatures of 71.8°F and average lows of 48.5°F. Annual precipitation is 36". Data from NOAA 1991–2020 Climate Normals.

Perkins at a Glance

Population
3,229
Median Income
$43,913
Home Value
$169,700
Median Rent
$924/mo
Unemployment
6.7%
Avg High Temp
71.8°F
Sales Tax
9.0%
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🗺️ County data for Oklahoma

Explore county-level cost of living data

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