The Village is considered moderately affordable in 2025, with average rent for a 2-bedroom apartment around $1,250 per month and slightly lower utility costs compared to the national average.
Living in The Village, Oklahoma in 2025 costs about $3,400 per month for a couple renting a 2-bedroom apartment, including housing, utilities, groceries, and basic lifestyle expenses. Let’s break down the numbers to see what it really takes to live comfortably in this Oklahoma City suburb.
Housing Costs in The Village
Housing options in The Village primarily consist of single-family homes and low-rise apartment complexes. Renting a 2-bedroom apartment typically ranges from $1,100 to $1,400 per month, with an average around $1,250. Buying a 3-bedroom house falls in the $200,000 to $300,000 range, translating to monthly mortgage payments of roughly $1,400 to $2,100 with a 20% down payment.
Prices can vary somewhat by neighborhood, with slightly higher costs near Lake Hefner or in newer developments. Older homes and apartments tend to be more affordable. HOA fees are not very common in The Village, although some newer subdivisions may have them, typically $100 to $200 per month.
- Renting a 2-bedroom apartment: $1,100 – $1,400/month
- Buying a 3-bedroom house: $200,000 – $300,000
- Monthly mortgage (with 20% down): $1,400 – $2,100
Utility Costs
Basic utility costs in The Village are fairly manageable and slightly lower than national averages. Expect to pay around $120 per month for electricity for a 2-bedroom apartment, with summer air conditioning pushing costs a bit higher from June through September. Gas runs about $40 monthly. Budget $50 for water and $30 for trash collection.
| Utility | Estimated Monthly Cost |
|---|---|
| Electricity | $120 |
| Gas | $40 |
| Water | $50 |
| Trash | $30 |
Groceries and Daily Living Expenses
Groceries in The Village cost around $400 per person per month, assuming a mix of cooking at home and occasional dining out. A typical basket of everyday items (milk, bread, eggs, produce) runs about 5% less than the national average. Household essentials and personal care items add another $150 monthly per person.
Dining out is quite affordable, with a meal for two at a casual restaurant averaging $40. Fast food combo meals are around $8. Compare this to $60 and $12 respectively in larger metros like Tulsa or downtown Oklahoma City.
Taxes and Fees
Property taxes in The Village are 0.86%, slightly below the Oklahoma County average of 0.91%. For a $250,000 home, annual property taxes would be about $2,150 or $180 per month.
Sales tax in The Village is 8.625%, combining the state rate of 4.5% and the Oklahoma County rate of 4.125%. Vehicle registration fees are $96 per year, plus an excise tax based on the vehicle’s value and age.
| Tax/Fee | Rate |
|---|---|
| Property Tax | 0.86% |
| Sales Tax | 8.625% |
| Vehicle Registration | $96/year + excise tax |
Monthly Budget Summary
| Expense Category | Single Person | Couple | Family of 4 |
|---|---|---|---|
| Housing (2BR Apartment) | $1,250 | $1,250 | $1,600 |
| Utilities | $200 | $240 | $350 |
| Groceries & Dining Out | $500 | $1,000 | $1,600 |
| Transportation | $200 | $300 | $500 |
| Healthcare | $250 | $500 | $800 |
| Other Necessities | $200 | $300 | $500 |
| Total Monthly Expenses | $2,600 | $3,590 | $5,350 |
| Comfortable Gross Income | $3,500 | $4,800 | $7,200 |
To live comfortably, plan for a gross monthly income (pre-tax) of at least $3,500 for a single person, $4,800 for a couple, or $7,200 for a family of four. This provides some flexibility for saving, discretionary spending, and emergencies.
Lifestyle Considerations
Living in The Village offers a good balance of affordability and convenience. Commute times to downtown Oklahoma City average about 20 minutes. While homes are a bit smaller and older compared to some newer suburbs, prices are more manageable.
The Village has ample parks and green spaces, including Lake Hefner for outdoor recreation. It’s a great spot for families who value good schools and a tight-knit community feel. Job opportunities are solid, especially with Oklahoma City so close.
Residents enjoy lower costs than Edmond or Norman, but with many of the same amenities. It’s pricier than remote exurbs, but offers an easier lifestyle. See our 2025 moving company picks if The Village sounds like a good fit for your budget and priorities.
Frequently Asked Questions
- Is $50,000 a good salary in The Village?
Yes, $50,000 a year ($4,167/month gross) is enough for a single person or couple to live comfortably in The Village, assuming a moderate rental. It may be tight for a family. - How much do you need to make to buy a house in The Village?
To afford a $250,000 house with a 10% down payment, aim for a household income of at least $65,000 ($5,417/month). With 20% down, $55,000 ($4,583/month) is feasible. - What salary do you need to live comfortably in The Village?
To live comfortably, target $42,000 ($3,500/month) for a single person, $58,000 ($4,833/month) for a couple, or $86,000 ($7,167/month) for a family of four. This assumes a 2-3 bedroom rental. - Is The Village cheaper than living in Oklahoma City?
Yes, The Village is generally 10-20% less expensive than neighborhoods closer to downtown OKC. Suburbs like Edmond and Norman are also pricier. However, remote areas are cheaper. - What is the average rent in The Village?
As of 2025, average rent in The Village is $1,250 for a 2-bedroom apartment or $1,600 for a 3-bedroom house. Prices range from $1,100 to $2,000 depending on location and amenities. - Are utilities expensive in The Village?
No, utility costs in The Village are quite reasonable, averaging $200/month for a single person or $240/month for a couple. This is slightly lower than national averages. - What is a livable wage in The Village?
A livable wage for a single adult is around $15/hour ($2,600/month before taxes). For a couple, aim for $22/hour ($3,600/month). Keep in mind, this is a basic living wage, not necessarily a comfortable salary.