Stillwater, OK

Very Low · 70

Oklahoma · Population 48,818 · Updated March 2026

$944
Median Rent / Month
$42,015
Median Income
$230,900
Median Home Value
$997
Owner Costs / Month

Affordability

How far your income goes in Stillwater

27.0%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

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

$11,328
Annual Rent
$1,996
State Income Tax
$2,078
Property Tax (est.)

Cost of Living Overview

Stillwater is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 70 (where 100 equals the national median), Stillwater residents can expect to pay median rent of $944/month while earning a median household income of $42,015/year.

The median home value in Stillwater, OK is $230,900, with typical monthly owner costs around $997 including mortgage, insurance, and taxes. With a rent-to-income ratio of 27.0%, Stillwater falls within the generally affordable range, though it's approaching the 30% burden threshold.

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 Stillwater.

Frequently Asked Questions

Common questions about living costs in Stillwater

What is the cost of living in Stillwater, OK?
The cost of living index in Stillwater, OK is 70 (US average = 100). Median monthly rent is $944, median household income is $42,015/year, and the median home value is $230,900.
Is Stillwater, OK affordable?
Yes, Stillwater is more affordable than the national average with a cost index of 70. The rent-to-income ratio is 27.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Stillwater, OK?
The median gross rent in Stillwater, OK is $944 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,328.
What is the median household income in Stillwater?
The median household income in Stillwater, OK is $42,015 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%.