New Jersey vs Oklahoma Cost of Living
Purchasing power
Your $75,000 is worth different amounts in each state
$65,048
in New Jersey
$88,548
in Oklahoma
Each cell = 1% of purchasing power. Green = value, red = gap.
Spending breakdown
Estimated annual spending on a $75,000 salary
What things actually cost
Real dollar costs side by side
Category breakdown
| Category | New Jersey | Oklahoma | Difference |
|---|---|---|---|
| Housing | 141.9 | 68.8 | +106% |
| Groceries | 103.5 | 95.4 | +8% |
| Utilities | 102.2 | 98.2 | +4% |
| Transportation | 102.1 | 88.8 | +15% |
| Healthcare | 110.8 | 97.1 | +14% |
| Dining & Misc | 104.5 | 87.6 | +19% |
| Overall | 115.3 | 84.7 | +36% |
Index values relative to national average (100). Positive difference = more expensive in New Jersey.
What things actually cost
| Item | New Jersey | Oklahoma | Difference |
|---|---|---|---|
| Median home price | $500,000 | $190,000 | +$310,000 |
| Average 2BR rent | $1,987/mo | $963/mo | +$1,024 |
| Gas price | $3.44/gal | $3.01/gal | +$0.43 |
| Electric bill | $144/mo | $81/mo | +$64 |
| Infant childcare | $18,155/yr | $12,468/yr | +$5,687 |
Salary equivalent: New Jersey → Oklahoma
What a New Jersey salary buys you in Oklahoma, adjusted for cost of living.
| Salary in New Jersey | Equivalent in Oklahoma | Difference |
|---|---|---|
| $50,000 | $36,730 | +$13,270 |
| $75,000 | $55,095 | +$19,905 |
| $100,000 | $73,461 | +$26,539 |
| $150,000 | $110,191 | +$39,809 |
| $200,000 | $146,921 | +$53,079 |
Positive = your money goes further in Oklahoma. Based on overall COL index ratio.
Based on MERIC/C2ER 2025 composite indices. Dollar amounts from AAA, EIA, Zillow, and Child Care Aware.
Overview
New Jersey is 36% more expensive than Oklahoma overall. New Jersey has an index of 115.3 vs 84.7 for Oklahoma (national average = 100).
FAQ
Is it cheaper to live in New Jersey or Oklahoma?
Oklahoma is cheaper to live in. New Jersey is 36% more expensive overall. The biggest driver is housing — median home prices are $500,000 in New Jersey vs $190,000 in Oklahoma.
Is Oklahoma cheaper than New Jersey?
Yes, Oklahoma is 36% cheaper than New Jersey overall based on the MERIC/C2ER cost-of-living index. Housing, groceries, and utilities all factor into the difference.
Is New Jersey more expensive than Oklahoma?
Yes, New Jersey is 36% more expensive than Oklahoma based on the MERIC/C2ER composite index. Housing is typically the largest factor in the difference.
What salary in Oklahoma equals $100,000 in New Jersey?
To maintain the same purchasing power as a $100,000 salary in New Jersey, you would need approximately $73,461 in Oklahoma. This is based on the overall cost-of-living index (115.3 vs 84.7).
How do housing costs compare between New Jersey and Oklahoma?
Housing is significantly cheaper in Oklahoma. Median home prices are $500,000 in New Jersey vs $190,000 in Oklahoma — a $310,000 difference. Average 2-bedroom rent is $1,987/mo vs $963/mo.
What costs more in New Jersey vs Oklahoma?
Housing is 106% higher in New Jersey (index 141.9 vs 68.8). Dining & Misc is 19% higher in New Jersey (index 104.5 vs 87.6). Healthcare is 14% higher in New Jersey (index 110.8 vs 97.1).
Is gas cheaper in New Jersey or Oklahoma?
Gas averages $3.44/gallon in New Jersey and $3.01/gallon in Oklahoma — a $0.43 difference per gallon.
New Jersey vs Oklahoma cost of living — how do they compare?
New Jersey has an overall cost-of-living index of 115.3 and Oklahoma has 84.7 (national average = 100). New Jersey is 36% more expensive overall. Use the calculator above to see how this affects your specific salary.
How do taxes compare between New Jersey and Oklahoma?
Cost of living is only part of the picture — state income taxes also affect your take-home pay. New Jersey has a progressive income tax with 7 brackets, topping out at 10.75% on income over $1 million. Oklahoma uses a progressive income tax with three brackets and a top rate of 4.50% for 2026 (reduced from 4.75% in 2025). Oklahoma has been gradually cutting its income tax rate — it was 5.0% as recently as 2022. Combined with low cost of living, Oklahoma offers strong purchasing power for mid-range salaries. Use the New Jersey vs Oklahoma paycheck comparison to see how a specific salary compares after federal and state taxes, FICA, and deductions.
Do I need to file state tax returns in New Jersey and Oklahoma?
New Jersey requires residents to file a state income tax return annually, typically due April 15. Oklahoma requires residents to file a state income tax return annually, typically due April 15. If you move between states mid-year, you typically file a part-year resident return in each state for the income earned while living there.
Where does this cost of living data come from?
Cost-of-living indices are from the MERIC/C2ER 2025 Annual Average. Dollar amounts use AAA gas prices (March 2025), EIA electricity rates (2024), Child Care Aware childcare costs (2024), Zillow home values (2024-2025), and BEA Regional Price Parities.
Related tools
- New Jersey Cost of Living — Housing, groceries, gas, and more
- Oklahoma Cost of Living — Housing, groceries, gas, and more
- New Jersey vs Oklahoma Paycheck Comparison — Compare take-home pay after taxes
- New Jersey Paycheck Estimator — Calculate take-home pay in New Jersey
- Oklahoma Paycheck Estimator — Calculate take-home pay in Oklahoma
- Salary After Tax by State — Take-home rankings across all 50 states
- House Affordability in New Jersey — How much house can you afford?
- House Affordability in Oklahoma — How much house can you afford?
- New Jersey Tax Brackets — See 2026 marginal rates
- Oklahoma Tax Brackets — See 2026 marginal rates
- Mortgage Calculator — Estimate monthly payments with local rates
- New Jersey Bonus Tax Calculator — See how bonuses are taxed differently
- Oklahoma Bonus Tax Calculator — See how bonuses are taxed differently
- Gross-Up Calculator — Find the salary you need to hit a target take-home
- Salary to Hourly Converter — Convert annual salary to hourly rate
- Pay Raise Calculator — See how a raise changes your take-home pay
- Compare any two states
Based on MERIC/C2ER 2025 composite indices and publicly available price data. Cost of living varies significantly by metro area within a state. These are statewide averages.