Bethany, OK

Very Low · 66

Oklahoma · Population 20,606 · Updated March 2026

$1,071
Median Rent / Month
$55,063
Median Income
$161,500
Median Home Value
$997
Owner Costs / Month

Affordability

How far your income goes in Bethany

23.3%
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

$12,852
Annual Rent
$2,615
State Income Tax
$1,454
Property Tax (est.)

Cost of Living Overview

Bethany is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 66 (where 100 equals the national median), Bethany residents can expect to pay median rent of $1,071/month while earning a median household income of $55,063/year.

The median home value in Bethany, OK is $161,500, with typical monthly owner costs around $997 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.3% 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 Bethany.

Frequently Asked Questions

Common questions about living costs in Bethany

What is the cost of living in Bethany, OK?
The cost of living index in Bethany, OK is 66 (US average = 100). Median monthly rent is $1,071, median household income is $55,063/year, and the median home value is $161,500.
Is Bethany, OK affordable?
Yes, Bethany is more affordable than the national average with a cost index of 66. The rent-to-income ratio is 23.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Bethany, OK?
The median gross rent in Bethany, OK is $1,071 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $12,852.
What is the median household income in Bethany?
The median household income in Bethany, OK is $55,063 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%.