Cost of Living: Norman, OK vs Richardson, TX (2026)

Norman

Oklahoma
76
VS

Richardson

Texas
128

Norman is 41% cheaper than Richardson.

$1,064/mo ↓ 42%
Median Rent
$1,825/mo ↑ 72%
$65,060/yr ↓ 32%
Median Income
$96,257/yr ↑ 48%
$239,300 ↓ 41%
Home Value
$405,600 ↑ 69%
$1,121/mo ↓ 38%
Owner Costs
$1,796/mo ↑ 60%
128,714
Population
118,269

Tax Comparison

4.75%
Income Tax
0%
4.5%
State Sales Tax
6.25%
0.9%
Property Tax
1.6%

Affordability

19.6%
rent-to-income
Affordability
22.8%
rent-to-income

Detailed Comparison

When comparing Norman, OK and Richardson, TX, the overall cost of living indices are 76 and 128 respectively (national median = 100). Rent is $761/month cheaper in Norman, saving renters about $9,132/year.

Median household income is $31,197/year higher in Richardson. Home values also differ significantly — the median in Norman is $239,300 compared to $405,600 in Richardson.

Texas has no state income tax, giving Richardson residents a significant tax advantage over Oklahoma's 4.75% rate.

Frequently Asked Questions

Norman vs Richardson — common questions

Is Norman or Richardson cheaper to live in?
Based on our cost index, Norman is cheaper to live in with an index of 76 compared to 128 (US average = 100).
What is the rent difference between Norman and Richardson?
Median rent in Norman is $1,064/month and in Richardson it's $1,825/month — a difference of $761/month.
Which city has higher income, Norman or Richardson?
Median household income is $65,060 in Norman and $96,257 in Richardson. Median household income is $31,197/year higher in Richardson.
How do taxes compare between Oklahoma and Texas?
Oklahoma has 4.75% income tax, 4.5% sales tax, and 0.9% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Norman or Richardson?
It depends on your priorities. Norman has a cost index of 76 with median rent of $1,064/mo, while Richardson has a cost index of 128 with rent of $1,825/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Norman details → View Richardson details →

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