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Cost of Living: Oklahoma City, OK vs Louisville, KY

Wondering how far your dollar stretches in Oklahoma City compared to Louisville? Below we break down housing costs, rent, taxes, income, and quality of life using 2026 data so you can make an informed relocation or remote-work decision. Every number is computed from Census, BLS, and Zillow data specific to these two metro areas.

TL;DR

Oklahoma City cost-of-living index is 88 vs 87 for Louisville (US = 100). Median home: $230,000 vs $235,000. Median rent: $848/mo vs $895/mo.

Source: Census ACS · Zillow ZHVI/ZORI · BEA RPP, 2026

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Oklahoma City and Louisville have similar costs of living
COL Index: Oklahoma City 88 vs Louisville 87 (national avg = 100)
Written by Jere Salmisto, Founder & Quantitative Systems Builder, CalcFi·Reviewed by CalcFi Editorial·Last reviewed 2026-04-19

Oklahoma City vs Louisville — At a Glance

Oklahoma CityMetricLouisvilleDifference
88Cost of Living Index87-1.1%
$230,000Median Home Price$235,000+2.2%
$848Median Monthly Rent$895+5.5%
$61,200Median Household Income$59,600-2.6%
0.9%Property Tax Rate0.8%-7.8%
3.3%Unemployment Rate3.8%+15.2%
22 minAverage Commute23 min+4.5%
35.3Median Age37.3+5.7%
1,450,000Metro Population1,410,000-2.8%

Data sourced from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024-2025). COL Index: 100 = national average.

Housing Comparison: Oklahoma City vs Louisville

Monthly mortgage assumes 6.5% interest, 30-year fixed, 20.0%down payment. PITI includes principal, interest, property tax, and homeowner's insurance.

Oklahoma City

Median Home Price$230,000
Down Payment (20.0%)$46,000
Loan Amount$184,000
Principal & Interest$1,163/mo
Property Tax$173/mo
Insurance$67/mo
Monthly PITI$1,403/mo

Louisville

Median Home Price$235,000
Down Payment (20.0%)$47,000
Loan Amount$188,000
Principal & Interest$1,188/mo
Property Tax$163/mo
Insurance$69/mo
Monthly PITI$1,419/mo

Rent & Affordability Ratios

Median Monthly Rent$848 vs $895 (+$47/mo)
Annual Rent Difference$564/yr more in Louisville
Home Price-to-Income Ratio3.8x (Oklahoma City) vs 3.9x (Louisville)
Years to Save 20% Down (15% savings rate)5.0 yrs (Oklahoma City) vs 5.3 yrs (Louisville)

Buying a home in Oklahoma City costs $1,403/month (PITI) compared to $1,419/month in Louisville — a difference of $16/month or $192/year. The price-to-income ratio is 3.8x in Oklahoma City versus 3.9x in Louisville, suggesting Oklahoma City is relatively more affordable for homebuyers relative to local incomes. At a 15% savings rate, it takes 5.0 years to save a down payment in Oklahoma City compared to 5.3 years in Louisville.

Tax Comparison: Oklahoma City vs Louisville

Estimated on each city's median household income, single filer, standard deduction, 2025 rates.

Tax CategoryOklahoma CityLouisville
Gross Income$61,200$59,600
State Income Tax$2,369$2,253
Federal Income Tax$5,215$5,023
FICA (SS + Medicare)$4,681$4,559
Property Tax (on median home)$2,070/yr$1,951/yr
State Sales Tax Rate4.5%6.0%
Total Tax Burden$12,265 (20.0%)$11,835 (19.9%)
Take-Home Pay$48,935$47,765

On median household income, total taxes (federal + state + FICA) come to $12,265 in Oklahoma City (20.0% effective) versus $11,835 in Louisville (19.9% effective). After taxes, take-home pay is $48,935 in Oklahoma City and $47,765 in Louisville. Property taxes add $2,070/year on the median Oklahoma City home versus $1,951/year in Louisville.

Salary Equivalence: What Your Income Is Worth

A $61,200 salary in Oklahoma City equals
$60,505
in Louisville
A $59,600 salary in Louisville equals
$60,285
in Oklahoma City

These figures adjust for cost of living using the formula: adjusted = salary × (COL_destination / COL_origin). If you earn $61,200 in Oklahoma City (COL 88) and relocate to Louisville (COL 87), you would need $60,505 to maintain the same purchasing power. This means you can take a pay cut of $695 and still maintain your lifestyle in Louisville.

Quality of Life: Oklahoma City vs Louisville

Average Commute
22 min
Oklahoma City
23 min
Louisville
1 min shorter in Oklahoma City
Unemployment Rate
3.3%
Oklahoma City
3.8%
Louisville
Oklahoma City lower
Metro Population
1.4M
Oklahoma City
1.4M
Louisville
Oklahoma City is 1.0x larger

Beyond costs, quality of life matters. The average commute in Oklahoma City is 22 minutes versus 23 minutes in Louisville, a difference of 1 minutes each way. Oklahoma City's lower unemployment rate of 3.3% versus 3.8% suggests a stronger job market. Louisville skews slightly older with a median age of 37.3 vs 35.3 in Oklahoma City.

Other Cost of Living Comparisons

New York vs Oklahoma CityCOL 187 vs 88Los Angeles vs Oklahoma CityCOL 173 vs 88Chicago vs Oklahoma CityCOL 114 vs 88Louisville vs New YorkCOL 87 vs 187Los Angeles vs LouisvilleCOL 173 vs 87Chicago vs LouisvilleCOL 114 vs 87

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Frequently Asked Questions

Is Oklahoma City or Louisville more expensive?

Oklahoma City and Louisville have very similar costs of living, with COL indices of 88 and 87 respectively (national average = 100). Day-to-day expenses, housing, and taxes are comparable between the two metro areas.

How much more does housing cost in Oklahoma City vs Louisville?

The median home price in Oklahoma City is $230,000, which is $5,000 more than Louisville's median of $235,000. Monthly rent follows a similar pattern: $848/month in Oklahoma City vs $895/month in Louisville, a difference of $47/month or $564/year.

What salary do I need in Louisville to match my Oklahoma City income?

To maintain the same standard of living, a $61,200 salary in Oklahoma City is equivalent to $60,505 in Louisville. This is based on the cost of living index ratio: Oklahoma City's COL index of 88 vs Louisville's 87. Conversely, $59,600 in Louisville equals $60,285 in Oklahoma City.

Which city has lower taxes, Oklahoma City or Louisville?

On a median household income, the combined federal, state, and FICA tax burden is $12,265 (20.0% effective rate) in Oklahoma City vs $11,835 (19.9% effective rate) in Louisville. Property taxes on the median home are $2,070/year in Oklahoma City (0.9% rate) vs $1,951/year in Louisville (0.8% rate). Sales tax rates are 4.5% in Oklahoma and 6.0% in Kentucky.

What is the median household income in Oklahoma City and Louisville?

Oklahoma City median household income: $61,200/yr. Louisville median household income: $59,600/yr (Census ACS).

How does rent compare in Oklahoma City vs Louisville?

Median monthly rent: $848 in Oklahoma City vs $895 in Louisville. Annualized that is $10,176 vs $10,740.

Which city is better for remote workers, Oklahoma City or Louisville?

Louisville offers a lower cost of living (index 87 vs 88), which lets remote-workers keeping a coastal salary stretch further. Oklahoma City typically wins on amenities and labor-market depth.

Where does the data on this comparison come from?

Oklahoma City and Louisville numbers are pulled from Zillow ZHVI/ZORI (home values, rent), the U.S. Census Bureau ACS (income, demographics), and BEA RPP (cost-of-living index). Each value is timestamped on the page.

How often is this Oklahoma City vs Louisville comparison updated?

Source feeds (Zillow, Freddie Mac PMMS, Census ACS, BEA RPP) are refreshed on their native cadence. Page caches revalidate every 24 hours via Next.js ISR.

Does this comparison replace tax or financial advice?

No. The Oklahoma City vs Louisville cost-of-living page is educational reference using public data and standard formulas. It is not personalized tax, legal, or investment advice. Consult a licensed professional for material decisions.

Explore More

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Sources & Citations

  1. Zillow Research — ZHVI (home values) & ZORI (observed rent index) — zillow.com/research/data
  2. U.S. Census Bureau — American Community Survey (ACS) 5-year estimates — census.gov/acs
  3. Bureau of Economic Analysis — Regional Price Parities by state and MSA — bea.gov/rpp
  4. Tax Foundation — effective state and local tax rates — taxfoundation.org
  5. Freddie Mac PMMS — weekly national average mortgage rates — freddiemac.com/pmms
  6. Internal Revenue Service — federal income tax brackets and standard deduction — irs.gov
  7. U.S. Bureau of Labor Statistics — unemployment and wage statistics — bls.gov
Methodology & Assumptions

Home prices use Zillow Home Value Index (ZHVI)[1]; rents use Zillow Observed Rent Index (ZORI)[1]. Median household income comes from the Census ACS 5-year estimates[2].

COL indices use the BEA Regional Price Parity methodology[3], normalized so 100 = national average.

Property tax rates are effective rates from the Tax Foundation[4], expressed as % of owner-occupied home value. Mortgage estimates assume 6.5% fixed rate[5], 30-year term, 20.0% down, $1,800/yr homeowners insurance.

Federal tax calculations[6] assume single filer, standard deduction. State tax uses the top marginal rate times taxable income after the state standard deduction. FICA = 6.2% Social Security (up to wage base) + 1.45% Medicare.

Salary equivalence uses adjusted = salary × (COL_destination / COL_origin). This captures cost-of-living shift but not state income tax differences.

Unemployment figures are the most recent monthly MSA-level readings from the BLS LAUS series[7].

Last reviewed is computed from the maximum retrievedAt across every source this page consumes.

City data from Census Bureau[2], BLS[7], and Zillow[1] (2024-2025). Tax calculations use 2025 IRS rates[6], single filer, standard deduction. Mortgage estimates assume 6.5% PMMS rate[5], 30-year term, 20.0% down. COL Index: 100 = national average[3]. Last reviewed 2026-04-19.