CostIndexUSA

Las Cruces, NM vs Oklahoma City, OK Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostNM
Las Cruces
90.2
overall index
$1,375/mo rent
OK
Oklahoma City
90.4
overall index
$1,350/mo rent

Las Cruces and Oklahoma City have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+17.3%
Las Cruces
63
Oklahoma City
73.9
🛒 Groceries−2.4%
Las Cruces
96.1
Oklahoma City
93.8
🚗 Transportation−3.2%
Las Cruces
103.5
Oklahoma City
100.2
🏥 Healthcare−3.1%
Las Cruces
93.6
Oklahoma City
90.7
⚡ Utilities−4.9%
Las Cruces
77.9
Oklahoma City
74.1

Salary Equivalency Calculator

Enter your current salary in Las Cruces to see what you'd need to earn in Oklahoma City to maintain the same purchasing power.

$
→
Equivalent salary in Oklahoma City, OK
$80,200
$200 more needed in Oklahoma City

Formula: salary × (90.4 ÷ 90.2) = salary × 1.0022. Based on BEA Regional Price Parities.

Housing Market

Las Cruces, NM

Median Home Price
$282,000
Median Monthly Rent
$1,375
Housing Index
63
Price-to-Rent Ratio
17.1×

Oklahoma City, OK

Median Home Price
$239,000
Median Monthly Rent
$1,350
Housing Index
73.9
Price-to-Rent Ratio
14.8×

Oklahoma City has 17.3% higher housing costs compared to Las Cruces.

Income & Job Market

Las Cruces, NM

Median Household Income
$56,500
Per Capita Income
$32,200
Unemployment Rate
5.6%
Population
111,385
Top Industries
EducationGovernmentHealthcareMilitaryRetail

Oklahoma City, OK

Median Household Income
$69,900
Per Capita Income
$39,800
Unemployment Rate
4.5%
Population
681,054
Top Industries
EnergyGovernmentHealthcareAgricultureAerospace

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Las Cruces, NM
3.4×income-to-rent ratio

71% of income left after rent (median)

Oklahoma City, OK
4.3×income-to-rent ratio

77% of income left after rent (median)

Las Cruces vs other cities

Las Cruces, NM
vs
Albuquerque, NM
Index: 90.2Index: 95.5
Las Cruces, NM
vs
Santa Fe, NM
Index: 90.2Index: 98.8
Las Cruces, NM
vs
Pueblo, CO
Index: 90.2Index: 91.8
Las Cruces, NM
vs
Lansing, MI
Index: 90.2Index: 95
Las Cruces, NM
vs
Peoria, IL
Index: 90.2Index: 91.2

Oklahoma City vs other cities

Oklahoma City, OK
vs
Tulsa, OK
Index: 90.4Index: 89.2
Oklahoma City, OK
vs
El Paso, TX
Index: 90.4Index: 89.9
Oklahoma City, OK
vs
Detroit, MI
Index: 90.4Index: 100.3
Oklahoma City, OK
vs
Nashville, TN
Index: 90.4Index: 96.3
Oklahoma City, OK
vs
Washington, DC
Index: 90.4Index: 108.9

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.