Shawnee, OK

Very Low · 57

Oklahoma · Population 31,511 · Updated March 2026

$912
Median Rent / Month
$54,281
Median Income
$147,800
Median Home Value
$861
Owner Costs / Month

Affordability

How far your income goes in Shawnee

20.2%
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

$10,944
Annual Rent
$2,578
State Income Tax
$1,330
Property Tax (est.)

Cost of Living Overview

Shawnee is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 57 (where 100 equals the national median), Shawnee residents can expect to pay median rent of $912/month while earning a median household income of $54,281/year.

The median home value in Shawnee, OK is $147,800, with typical monthly owner costs around $861 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.2% 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 Shawnee.

Frequently Asked Questions

Common questions about living costs in Shawnee

What is the cost of living in Shawnee, OK?
The cost of living index in Shawnee, OK is 57 (US average = 100). Median monthly rent is $912, median household income is $54,281/year, and the median home value is $147,800.
Is Shawnee, OK affordable?
Yes, Shawnee is more affordable than the national average with a cost index of 57. The rent-to-income ratio is 20.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Shawnee, OK?
The median gross rent in Shawnee, OK is $912 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $10,944.
What is the median household income in Shawnee?
The median household income in Shawnee, OK is $54,281 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%.