What it costs to live and work in Oklahoma: the minimum wage, state income tax, sales tax and median rent, from official sources, and what they mean for your monthly budget.
| Oklahoma | Source | |
|---|---|---|
| Minimum wage | $7.25 an hour | US Department of Labor, Wage and Hour Division: State Minimum Wage Laws |
| State income tax | 2.5 % to 4.5 % | Tax Foundation: State Individual Income Tax Rates and Brackets, 2026 |
| State sales tax | 4.5 % | Tax Foundation: State and Local Sales Tax Rates, 2026 (rates as of January 1, 2026) |
| Median gross rent | $1,044 a month (2024) | US Census Bureau, American Community Survey 2024 1-year estimates, table B25064 Median Gross Rent (Dollars), by state |
Oklahoma adopts the federal $7.25 an hour for employers with 10 or more full-time employees at one location or over $100,000 in annual sales; the state law sets $2.00 for all others not covered by federal law.
Since 2026 Oklahoma has three rates, from 2.5 % to 4.5 %; the top rate applies to single filers' taxable income over $7,200.
The state sales tax is 4.5 %; local rates are added (average local rate 4.56 %), so combined rates are among the highest in the country.
What income does rent in Oklahoma take?
A common rule of thumb is to keep rent at or below 30 % of gross income. At the median rent of $1,044 a month, that means a household income of about $41,800 a year before tax.
Good to know
- Oklahoma's income tax brackets are not indexed for inflation (Tax Foundation).
Sources
- US Department of Labor, Wage and Hour Division: State Minimum Wage Laws (2026-07-01)
- Tax Foundation: State Individual Income Tax Rates and Brackets, 2026 (2026-02-19)
- Tax Foundation: State and Local Sales Tax Rates, 2026 (rates as of January 1, 2026) (2026-07-06)
- US Census Bureau, American Community Survey 2024 1-year estimates, table B25064 Median Gross Rent (Dollars), by state (2024)