Oklahoma · Census, HUD and BEA figures · Updated

Cost of Living in Latimer County, OK

Prices around Latimer County, OK run 12.2% below the U.S. average (BEA, Oklahoma). The typical household there earns $41,405 a year, and HUD puts a two-bedroom at $937 a month. Keeping that rent under 30% of income takes about $37,480 a year.

Latimer County, OK at a glance

Median household income

$41,405$3,450 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$937HUD FY2026 Fair Market Rent
Price level (U.S. = 100)87.8-12.2% · BEA, Oklahoma
Electricity14.3¢per kWh · EIA Residential OK
Population9,518Census ACS 5-year estimate

How much rent can you afford in Latimer County, OK?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$937Monthly market rent
Share of gross income27.2%Recommended max: 30%
Annual income needed$37,480To meet the 30% standard
Max affordable rent$1,035At 30% of $41,405
0%30% (Affordability standard)100%
Compare against:

How much is rent in Latimer County, OK? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Latimer County, OK, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Latimer County, OK, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$705$8,460$28,20020.4%
1-Bedroom Apartment$714$8,568$28,56020.7%
2-Bedroom ApartmentBenchmark$937$11,244$37,48027.2%
3-Bedroom Home$1,165$13,980$46,60033.8%
4-Bedroom Home$1,429$17,148$57,16041.4%

Rent in Latimer County, OK, with the wage each unit needs →

What a typical income covers in Latimer County, OK

The 50/30/20 rule applied to the local median of $41,405 a year ($3,450 a month before tax).

Needs (50%)$1,725/moRent ($937 2-BR), utilities (~$129/mo), groceries, transit
Wants (30%)$1,035/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$690/moEmergency fund, retirement, paying down loans

What $41,405 leaves after Oklahoma taxes

Federal income tax, Social Security, Medicare and Oklahoma tax on the local median income. Change the salary to see yours.

$41,405
$15,000$85,000
Filing status:
Gross salary breakdown$41,405
Net 82%
Fed 7%
OK 3%
FICA 8%
Annual take-home$34,131After all taxes
Monthly deposit$2,844Estimated per month
Biweekly paycheck$1,313Every 2 weeks (26/yr)
Effective tax rate17.6%Total tax burden
Federal income tax$2,789 / yr
Oklahoma state income tax$1,318 / yr
FICA (Social Security & Medicare)$3,167 / yr

Living in Latimer County, OK: common questions

What is the median household income in Latimer County, OK?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Latimer County, OK is $41,405 per year (approximately $3,450 per month).

What is the average rent in Latimer County, OK?

The closest official figure is HUD's Fair Market Rent for 2026: $705 for a studio, $714 for one bedroom, $937 for two, $1,165 for three and $1,429 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Latimer County, OK expensive to live in?

Prices there run 12.2% below the U.S. average. BEA's regional price parity for Oklahoma is 87.8, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Latimer County, OK?

To keep a $937 two-bedroom under 30% of gross income, a household needs about $37,480 a year, or $3,123 a month. That is 91% of what the typical household in Latimer County, OK earns.

How much do you need to live comfortably in Latimer County, OK?

On the local median income of $41,405 ($3,450 a month before tax), the 50/30/20 rule leaves $1,725 a month for needs like rent, utilities and groceries, $1,035 for everything else and $690 for savings or debt. A two-bedroom at $937 takes 54% of the needs share.

How much is the electric bill in Latimer County, OK?

Homes in Oklahoma paid 14.3¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $129. Your bill depends mostly on heating and cooling.