Coweta, OK

Very Low · 66

Oklahoma · Population 10,157 · Updated March 2026

$959
Median Rent / Month
$60,000
Median Income
$185,900
Median Home Value
$1,049
Owner Costs / Month

Affordability

How far your income goes in Coweta

19.2%
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

$11,508
Annual Rent
$2,850
State Income Tax
$1,673
Property Tax (est.)

Cost of Living Overview

Coweta 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), Coweta residents can expect to pay median rent of $959/month while earning a median household income of $60,000/year.

The median home value in Coweta, OK is $185,900, with typical monthly owner costs around $1,049 including mortgage, insurance, and taxes. The median rent-to-income ratio of 19.2% 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 Coweta.

Frequently Asked Questions

Common questions about living costs in Coweta

What is the cost of living in Coweta, OK?
The cost of living index in Coweta, OK is 66 (US average = 100). Median monthly rent is $959, median household income is $60,000/year, and the median home value is $185,900.
Is Coweta, OK affordable?
Yes, Coweta is more affordable than the national average with a cost index of 66. The rent-to-income ratio is 19.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Coweta, OK?
The median gross rent in Coweta, OK is $959 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,508.
What is the median household income in Coweta?
The median household income in Coweta, OK is $60,000 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%.