Cost of Living in Woodward, OK
Population 11,976 · Oklahoma · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Woodward a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $164,000.
Woodward lies roughly 125 miles northwest of the nearest major metro, Oklahoma City — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 24% lower than Oklahoma City's $215,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Woodward
The median home value in Woodward is $164,200 — 46% below the national median of $305,000. Median rent runs $839/month, 36% lower than the national median of $1,314/month. The median household income of $60,720/year is 19% lower than the US median of $74,580. The local unemployment rate is 5.5%, 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 73.0°F and lows of 45.2°F. Overall, Woodward has a cost of living index of 58 versus the US average of 100, meaning it is 42% 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 | 51 | 55 | 65 | 73 | 82 | 90 | 95 | 94 | 86 | 74 | 62 | 51 |
| Low °F | 22 | 26 | 35 | 44 | 55 | 65 | 69 | 67 | 59 | 45 | 33 | 24 |
| Precip" | 0.56 | 0.68 | 1.52 | 2.02 | 3.05 | 3.48 | 2.05 | 2.50 | 1.52 | 2.34 | 0.78 | 0.91 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Woodward, OK?
Woodward has a cost index of 58 (100 = national average). It is 42% below the national average.
What is average rent in Woodward, OK?
The median gross rent in Woodward is $839 per month based on 2023 Census data.
What is the average home price in Woodward?
The median home value in Woodward is $164,200 according to Zillow and Census data.
What is the median income in Woodward?
The median household income in Woodward is $60,720 per year (2023 ACS 5-year estimates).
What is the sales tax in Woodward, OK?
The combined state and local sales tax rate in Woodward is 9.0%. The Oklahoma state income tax top rate is 4.8%.
Is Woodward, OK affordable?
Yes, Woodward is generally considered affordable, with a cost of living index of 58 — about 42% below the US national average of 100.
What is the weather like in Woodward?
Woodward has average high temperatures of 73.0°F and average lows of 45.2°F. Annual precipitation is 21.4". Data from NOAA 1991–2020 Climate Normals.
Woodward at a Glance
- Population
- 11,976
- Median Income
- $60,720
- Home Value
- $164,200
- Median Rent
- $839/mo
- Unemployment
- 5.5%
- Avg High Temp
- 73.0°F
- Sales Tax
- 9.0%
Explore county-level cost of living data
Oklahoma Rankings
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