Oklahoma · Population 412,322 · Updated March 2026
How far your income goes in Tulsa
State-level tax rates that affect your costs
Tulsa is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 67 (where 100 equals the national median), Tulsa residents can expect to pay median rent of $998/month while earning a median household income of $58,407/year.
The median home value in Tulsa, OK is $189,600, with typical monthly owner costs around $1,027 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.5% 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 Tulsa.
Common questions about living costs in Tulsa
Compare the cost of living in Tulsa, OK with 299 other major U.S. cities