Cost of Living in Coal County, Oklahoma

$679/mo
Median Monthly Rent
$92,500
Median Home Value
17% below state averageUnaffordable

At a Glance

Median Monthly Rent
$679/mo
17% below state average
Median Home Value
$92,500
67% below national
Rent-to-Income Ratio
23.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Coal County Compares

Median monthly rent comparison

Coal County$679/mo
Oklahoma Average$814/mo
National Median$1,163/mo

Detailed Housing Stats

$679/mo
Median Gross Rent
$92,500
Median Home Value
$527/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Coal County, Oklahoma

Coal County delivers solid rental affordability

At 16.9%, Coal County's rent-to-income ratio sits comfortably below the national affordability threshold and ranks among the strongest in this county set. The median household income of $48,162 is lean by national standards, yet modest rents of $679 keep housing costs reasonable.

Better than average across Oklahoma

Coal County's 16.9% rent-to-income ratio beats Oklahoma's 17.0% state average by a narrow margin, placing it in the more affordable tier of counties. Median rent of $679 runs significantly below the state median of $814.

Among Oklahoma's most affordable options

Coal County's $679 median rent ranks among the lowest in this regional cluster, beaten only by Cimarron ($682) and Choctaw ($676) counties. Its 16.9% affordability ratio ties it with Choctaw as one of the two best deals for renters.

Homeownership significantly cheaper than renting

Renters pay $679 monthly while homeowners carry just $527 mortgages on homes valued at $92,500—an unusual gap favoring ownership in this lower-cost market. Housing consumes roughly 17% of the $48,162 median income for renters, about 13% for homeowners.

Coal County: affordable and balanced value

Relocating here offers strong rental affordability without the rock-bottom incomes of neighboring counties, making it a balanced choice for budget-conscious movers. Consider this option alongside Cimarron and Choctaw if maximum savings matter, or if you prefer modest income levels over a job-search challenge.

Affordability Calculator

See how your income compares to housing costs in Coal County

$

Rent Burden

16.9%

of gross income

Max Housing (28% Rule)

$1,124

per month

Owner Cost Burden

13.1%

of gross income

You can likely afford the median home in Coal County

Median home value is $92,500. Estimated monthly cost: $738 vs. your max of $1,124.

Rent Affordability Guide

Your rent-to-income ratio16.9%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Coal County, Oklahoma?
Coal County, Oklahoma has a median monthly rent of $679/mo and a median home value of $92,500. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Coal County?
The median gross rent in Coal County is $679/mo. This is 17% below state average for Oklahoma.
Is Coal County affordable?
Coal County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Coal County's rent compare to the state average?
Coal County's median rent of $679/mo is 17% below state average of $814/mo for Oklahoma.
What is the median home value in Coal County?
The median home value in Coal County, Oklahoma is $92,500. This is 67% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.