With a Cost of Living Index at 87.8, Tulsa offers an attractive and relatively affordable lifestyle. Housing is notably affordable, with an index of 72, and a median home sales price of $224,500. This translates to an average monthly mortgage payment of $1,763, which is noticeably higher than the average rent of $975. Utilities are slightly above the national average at 101.2, while transportation costs, measured mainly by gas prices, come in at 86.9. When compared to its neighboring city, Oklahoma City, living in Tulsa is slightly more expensive in terms of groceries and housing by 1.85% and 1.0%, respectively. However, residents can expect to save on utilities, transportation, and healthcare, which are 1.64%, 10.16%, and 12.17% less expensive, respectively.