Ada, OK

Very Low · 60

Oklahoma · Population 16,536 · Updated March 2026

$888
Median Rent / Month
$51,792
Median Income
$169,300
Median Home Value
$907
Owner Costs / Month

Affordability

How far your income goes in Ada

20.6%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Oklahoma

State-level tax rates that affect your costs

4.75%
Income Tax (Top Rate)
4.5%
Sales Tax
0.9%
Property Tax Rate

Estimated Annual Costs

$10,656
Annual Rent
$2,460
State Income Tax
$1,524
Property Tax (est.)

Cost of Living Overview

Ada is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 60 (where 100 equals the national median), Ada residents can expect to pay median rent of $888/month while earning a median household income of $51,792/year.

The median home value in Ada, OK is $169,300, with typical monthly owner costs around $907 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.6% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Oklahoma has a moderate income tax rate of 4.75%. Combined with a 4.5% sales tax rate and 0.9% effective property tax rate, the overall tax environment is a factor in the total cost of living in Ada.

Frequently Asked Questions

Common questions about living costs in Ada

What is the cost of living in Ada, OK?
The cost of living index in Ada, OK is 60 (US average = 100). Median monthly rent is $888, median household income is $51,792/year, and the median home value is $169,300.
Is Ada, OK affordable?
Yes, Ada is more affordable than the national average with a cost index of 60. The rent-to-income ratio is 20.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Ada, OK?
The median gross rent in Ada, OK is $888 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $10,656.
What is the median household income in Ada?
The median household income in Ada, OK is $51,792 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Oklahoma?
Oklahoma has a top income tax rate of 4.75%, a sales tax of 4.5%, and an effective property tax rate of 0.9%.