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Grove, OK

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
56
Very Affordable
Median Home Value
$232,400
National: $426,735
Median Rent
$887/mo
National: $1,527/mo
Household Income
$56,875
National: $84,532
Population
7,101
Purchasing Power
120
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
54 / 100
100 = national average
Rent Index
58 / 100
Overall Index
56
Very Affordable

Grove Mortgage Calculator

Pre-filled with the local median home value of $232,400 and Oklahoma's property tax rate of 0.87%.

Salary & Purchasing Power

Median household income is $56,875 33% below the national average.

What $56,875 in Grove Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$153,359+170%
Los Angeles, CA$172,656+204%
El Paso, TX$52,813-7%
Detroit, MI$40,625-29%

Property Tax in Grove, OK

Est. Annual Property Tax
$2,022
Monthly Impact
$169
Added to your mortgage
Effective Rate
0.87%
National avg: ~1.00%

Oklahoma Tax Overview

Tax TypeOklahomaNational Avg
Property Tax Rate0.87%1.00%
Top Income Tax Rate4.75%~5.0%
State Sales Tax8.97%~5.0%

Compare Grove to Another City

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Cost of Living Comparison

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Grove, OK
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Grove, OK: 54
Rent Prices
58
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR