Only three cities are less expensive to live in that Muskogee — for the second consecutive quarter, according to the Cost of Living Index, Greg Holbird, marketing and research manager at the Port of Muskogee said.
The overall cost of living in Muskogee is 21.4 percent below the national average.
While Muskogee is only the fourth least expensive city in the nation, it does rank as the least expensive in the state of Oklahoma.
The Cost of Living Index is produced each quarter by the Council for Community and Economic Research. Of the Oklahoma cities measured by the group, for the cost of living index, Muskogee is the least expensive for the second and third quarters of 2019. Muskogee came away with a score of 78.6. Other cities in Oklahoma are not far behind:
- Pryor 84
- Tulsa 84.4
- Ponca City 85
- Oklahoma City 85.4
- Edmond 86.5
- Norman 88.1
- Ardmore 89
- Lawton 89.7
- Enid 90.3
Enid beat larger communities Tulsa and Oklahoma City to be the most expensive city in Oklahoma. In Muskogee, the low cost of goods and services mean residents can enjoy a much higher standard of living. A Muskogee resident making $50,000 moving to Dallas would have to earn $59,591 to maintain the same standard of living. To calculate the cost of living index local prices for categories such as groceries items, transportation, housing, utilities, health care, miscellaneous goods and services are collected and sent to C2ER. Every quarter, the Port of Muskogee’s Business andEconomic Development staff price everything from a half gallon of milk to the cost of a single yoga session. Each category is assigned a percentage to represent a portion of the index:
- Grocery 13.4%
- Housing 29.34%
- Utilities 8.94%
- Transportation 9.22%
- Health Care 4.26%
- Misc. Goods & Services 34.84%
Muskogee ranks as low as 25th least expensive in groceries, and as high as fourth least expensive in miscellaneous goods and services. Muskogee’s low cost of living paired with other economic trends, and the city’s unemployment for September 2019 was 3.7 percent.