Town11,561 people

Elk City, OK

Discover how far your salary goes in Elk City. Compare taxes, rent, and living costs.

Cost Index
84
💚 Very Affordable
Population

11,561

State Tax

4.8%

1BR Rent

$945

/month

vs National

-32%

below avg

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Rent Prices in Elk City

🏠

Studio

$756

/month

$9,072/year

Most Common
🛏️

1 Bedroom

$945

/month

$11,340/year

🏡

2 Bedroom

$1,276

/month

$15,312/year

🏘️

3 Bedroom

$1,654

/month

$19,848/year

Taxes in Oklahoma

State Income Tax

Oklahoma

4.8%

For a $100k salary, that's ~$4,750/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Elk City, OK?

Elk City has a cost of living index of 84, which is 16% below the national average. A 1-bedroom apartment costs around $945/month.

What is the state income tax in Oklahoma?

Oklahoma has a state income tax rate of approximately 4.8%. This is in addition to federal income tax.

How much is rent in Elk City?

The median rent for a 1-bedroom apartment in Elk City is $945/month. For a 2-bedroom, expect to pay around $1,276/month. This is 32% below the national average.

Is Elk City a good place to live?

Elk City is a town with a population of 11,561. The cost of living is very affordable, making it more affordable than average for the US.

See the complete picture for Elk City

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