Cost of Living: Louisville, KY vs Norman, OK (2026)

Louisville

Kentucky
74
VS

Norman

Oklahoma
76

Louisville and Norman have a similar cost of living.

$1,069/mo ≈ Same
Median Rent
$1,064/mo ≈ Same
$64,731/yr ≈ Same
Median Income
$65,060/yr ≈ Same
$221,500 ↓ 7%
Home Value
$239,300 ↑ 8%
$1,118/mo ≈ Same
Owner Costs
$1,121/mo ≈ Same
627,210
Population
128,714

Tax Comparison

4.0%
Income Tax
4.75%
6.0%
State Sales Tax
4.5%
0.83%
Property Tax
0.9%

Affordability

19.8%
rent-to-income
Affordability
19.6%
rent-to-income

Detailed Comparison

When comparing Louisville, KY and Norman, OK, the overall cost of living indices are 74 and 76 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $329/year higher in Norman. Home values also differ significantly — the median in Louisville is $221,500 compared to $239,300 in Norman.

Kentucky has a lower income tax rate, making Louisville slightly more tax-friendly.

Frequently Asked Questions

Louisville vs Norman — common questions

Is Louisville or Norman cheaper to live in?
Based on our cost index, Louisville is cheaper to live in with an index of 74 compared to 76 (US average = 100).
What is the rent difference between Louisville and Norman?
Median rent in Louisville is $1,069/month and in Norman it's $1,064/month — a difference of $5/month.
Which city has higher income, Louisville or Norman?
Median household income is $64,731 in Louisville and $65,060 in Norman. Median household income is $329/year higher in Norman.
How do taxes compare between Kentucky and Oklahoma?
Kentucky has 4.0% income tax, 6.0% sales tax, and 0.83% property tax. Oklahoma has 4.75% income tax, 4.5% sales tax, and 0.9% property tax.
Should I move to Louisville or Norman?
It depends on your priorities. Louisville has a cost index of 74 with median rent of $1,069/mo, while Norman has a cost index of 76 with rent of $1,064/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Louisville details → View Norman details →

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