Sand Springs, OK

Very Low · 69

Oklahoma · Population 19,973 · Updated March 2026

$1,016
Median Rent / Month
$73,400
Median Income
$186,700
Median Home Value
$1,095
Owner Costs / Month

Affordability

How far your income goes in Sand Springs

16.6%
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

$12,192
Annual Rent
$3,486
State Income Tax
$1,680
Property Tax (est.)

Cost of Living Overview

Sand Springs is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 69 (where 100 equals the national median), Sand Springs residents can expect to pay median rent of $1,016/month while earning a median household income of $73,400/year.

The median home value in Sand Springs, OK is $186,700, with typical monthly owner costs around $1,095 including mortgage, insurance, and taxes. The median rent-to-income ratio of 16.6% 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 Sand Springs.

Frequently Asked Questions

Common questions about living costs in Sand Springs

What is the cost of living in Sand Springs, OK?
The cost of living index in Sand Springs, OK is 69 (US average = 100). Median monthly rent is $1,016, median household income is $73,400/year, and the median home value is $186,700.
Is Sand Springs, OK affordable?
Yes, Sand Springs is more affordable than the national average with a cost index of 69. The rent-to-income ratio is 16.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Sand Springs, OK?
The median gross rent in Sand Springs, OK is $1,016 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $12,192.
What is the median household income in Sand Springs?
The median household income in Sand Springs, OK is $73,400 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%.