Oklahoma vs Colorado: cost of living compared
Statewide price levels and incomes from BEA (2024); gas prices from EIA (weekly).
Is it cheaper to live in Oklahoma or Colorado?
- Overall, Colorado is 17.3% more expensive than Oklahoma (BEA, 2024).
- To keep the same standard of living, $75,000 in Oklahoma works out to about $88,000 in Colorado, before taxes.
- Most of the difference is housing, which costs 102.9% more in Colorado. Goods are 5.3% higher and other services 4.4% higher.
- Utility prices (electricity, gas, water) are 15.0% higher in Colorado.
- After adjusting for local prices, personal income per person is $65,223 in Colorado and $58,692 in Oklahoma (11.1% higher in Colorado; BEA, 2024, in 2017 dollars).
- Inside each state, metro price levels run from 91.8 in Pueblo, CO to 105.8 in Denver, CO (Colorado) and from 84.3 in Enid, OK to 90.4 in Oklahoma City, OK (Oklahoma), US = 100.
- The gap has widened since 2019, when Colorado was 14.7% more expensive than Oklahoma.
derived Calculated from BEA Regional Price Parities and real personal income by state. Statewide averages mix cities and rural areas; taxes are not included. How we calculate.
Category by category
Both states against the US average (100).
Housing drives the gap: 102.9% higher in Colorado than in Oklahoma
Price level by category, 2024. US average = 100.
- Oklahoma
- Colorado
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Oklahoma | Colorado | |
|---|---|---|
| All items | 87.8 | 103.1 |
| Goods | 93.8 | 98.7 |
| Housing (rents) | 62.8 | 127.4 |
| Utilities | 73.9 | 85.0 |
| Other services | 95.5 | 99.6 |
| Category | Oklahoma | Colorado | Colorado vs Oklahoma |
|---|---|---|---|
| All items | 87.8 | 103.1 | +17.3% |
| Goods | 93.8 | 98.7 | +5.3% |
| Housing (rents) | 62.8 | 127.4 | +102.9% |
| Utilities | 73.9 | 85.0 | +15.0% |
| Other services | 95.5 | 99.6 | +4.4% |
| Income per person, adjusted for prices | $58,692 | $65,223 | +11.1% |
| Regular gas, week of October 19, 2026* | $4.14 | $4.27 | +3.1% |
| Salary to match $75,000 in Oklahoma | $75,000 | $88,000 | +17.3% |
Index values: BEA, 2024, US = 100. Income: BEA real personal income per person, 2017 dollars. Gas: EIA weekly retail prices. *Midwest region average (EIA has no separate Oklahoma figure).
Cheapest and most expensive places in each state
Oklahoma
- Enid, OK 84.3
- Fort Smith, AR 85.9
- Lawton, OK 85.9
- Tulsa, OK 89.2
- Oklahoma City, OK 90.4
Colorado
- Pueblo, CO 91.8
- Grand Junction, CO 95.5
- Greeley, CO 100.2
- Colorado Springs, CO 100.7
- Fort Collins, CO 101.1
- Boulder, CO 105.2
- Denver, CO 105.8
Metro areas ordered from cheapest to most expensive. BEA, 2024, US = 100.
How the gap has changed since 2008
The price gap between Oklahoma and Colorado has been fairly stable since 2008
Overall price level each year, 2008–2024. US average = 100.
- Oklahoma
- Colorado
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Oklahoma | Colorado | |
|---|---|---|
| 2008 | 89.5 | 103.3 |
| 2009 | 88.5 | 102.4 |
| 2010 | 90.6 | 100.6 |
| 2011 | 90.9 | 103.4 |
| 2012 | 91.2 | 103.1 |
| 2013 | 91.5 | 103.1 |
| 2014 | 91.8 | 103.1 |
| 2015 | 91.4 | 103.0 |
| 2016 | 91.5 | 102.7 |
| 2017 | 90.9 | 102.9 |
| 2018 | 89.6 | 100.3 |
| 2019 | 89.3 | 102.5 |
| 2020 | 89.6 | 103.8 |
| 2021 | 89.9 | 102.8 |
| 2022 | 88.8 | 102.3 |
| 2023 | 88.7 | 101.9 |
| 2024 | 87.8 | 103.1 |
Goods
- Oklahoma
- Colorado
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Oklahoma | Colorado | |
|---|---|---|
| 2008 | 96.7 | 104.4 |
| 2009 | 94.2 | 102.1 |
| 2010 | 97.0 | 101.3 |
| 2011 | 96.3 | 101.6 |
| 2012 | 95.2 | 101.4 |
| 2013 | 96.0 | 101.0 |
| 2014 | 96.0 | 100.2 |
| 2015 | 95.0 | 99.7 |
| 2016 | 95.8 | 99.8 |
| 2017 | 95.5 | 99.5 |
| 2018 | 93.4 | 97.6 |
| 2019 | 95.0 | 101.6 |
| 2020 | 94.5 | 102.0 |
| 2021 | 95.8 | 101.8 |
| 2022 | 93.6 | 101.2 |
| 2023 | 93.3 | 99.2 |
| 2024 | 93.8 | 98.7 |
Housing (rents)
- Oklahoma
- Colorado
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Oklahoma | Colorado | |
|---|---|---|
| 2008 | 61.9 | 113.9 |
| 2009 | 64.3 | 113.2 |
| 2010 | 65.7 | 112.2 |
| 2011 | 66.1 | 118.8 |
| 2012 | 66.0 | 115.7 |
| 2013 | 67.2 | 118.0 |
| 2014 | 67.8 | 120.8 |
| 2015 | 66.4 | 123.9 |
| 2016 | 66.1 | 126.2 |
| 2017 | 66.0 | 128.9 |
| 2018 | 65.9 | 128.3 |
| 2019 | 64.1 | 131.0 |
| 2020 | 63.5 | 130.4 |
| 2021 | 63.9 | 129.4 |
| 2022 | 63.2 | 129.5 |
| 2023 | 65.0 | 130.5 |
| 2024 | 62.8 | 127.4 |
Utilities
- Oklahoma
- Colorado
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Oklahoma | Colorado | |
|---|---|---|
| 2008 | 78.9 | 78.3 |
| 2009 | 75.3 | 78.8 |
| 2010 | 81.2 | 83.9 |
| 2011 | 80.9 | 91.0 |
| 2012 | 82.8 | 85.7 |
| 2013 | 81.6 | 83.5 |
| 2014 | 83.9 | 96.8 |
| 2015 | 85.2 | 89.2 |
| 2016 | 84.9 | 89.3 |
| 2017 | 83.6 | 86.1 |
| 2018 | 79.5 | 84.5 |
| 2019 | 79.2 | 88.4 |
| 2020 | 77.9 | 88.5 |
| 2021 | 79.6 | 85.4 |
| 2022 | 83.2 | 89.4 |
| 2023 | 80.2 | 86.8 |
| 2024 | 73.9 | 85.0 |
Other services
- Oklahoma
- Colorado
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Oklahoma | Colorado | |
|---|---|---|
| 2008 | 97.4 | 100.9 |
| 2009 | 96.1 | 100.5 |
| 2010 | 97.7 | 97.5 |
| 2011 | 98.8 | 100.4 |
| 2012 | 99.9 | 101.4 |
| 2013 | 99.6 | 101.0 |
| 2014 | 99.7 | 100.0 |
| 2015 | 99.9 | 99.8 |
| 2016 | 100.1 | 98.5 |
| 2017 | 98.5 | 98.8 |
| 2018 | 97.7 | 95.3 |
| 2019 | 96.9 | 95.9 |
| 2020 | 99.5 | 97.8 |
| 2021 | 97.6 | 96.7 |
| 2022 | 96.4 | 96.1 |
| 2023 | 95.7 | 96.5 |
| 2024 | 95.5 | 99.6 |
What incomes buy in each state
Income per person after adjusting for prices: $65,223 in Colorado, $58,692 in Oklahoma
Real personal income per person, constant 2017 dollars (adjusted for each state's price level and for inflation).
- Oklahoma
- Colorado
- United States
Source: U.S. Bureau of Economic Analysis, real personal income by state (SARPI), 2008–2024.
Show the numbers
| Oklahoma | Colorado | United States | |
|---|---|---|---|
| 2008 | $49,081 | $46,671 | $45,816 |
| 2009 | $45,616 | $44,278 | $44,204 |
| 2010 | $45,393 | $44,904 | $44,808 |
| 2011 | $47,102 | $45,648 | $45,957 |
| 2012 | $48,653 | $46,723 | $46,796 |
| 2013 | $49,806 | $47,745 | $46,358 |
| 2014 | $51,516 | $50,265 | $47,661 |
| 2015 | $49,890 | $51,351 | $49,396 |
| 2016 | $46,855 | $50,937 | $49,828 |
| 2017 | $48,389 | $52,749 | $51,006 |
| 2018 | $50,420 | $56,590 | $52,242 |
| 2019 | $52,199 | $57,869 | $53,683 |
| 2020 | $53,434 | $59,735 | $56,514 |
| 2021 | $55,838 | $64,359 | $59,365 |
| 2022 | $56,239 | $64,668 | $57,104 |
| 2023 | $56,986 | $65,363 | $58,088 |
| 2024 | $58,692 | $65,223 | $59,195 |
More
- Cost of living in Oklahoma
- Cost of living in Colorado
- Reverse: moving from Colorado to Oklahoma
- All states ranked
Related state comparisons
What this comparison leaves out
- Taxes. State income, sales and property taxes differ a lot between states and are not included.
- Where you live inside the state. Statewide figures average cities and rural areas; the metro lists above show the spread.
- Your own spending mix. The default uses an average household. Use the housing slider if housing is a bigger share of your budget.
- Timing. BEA price levels and incomes are for 2024; gas prices are weekly.