Oklahoma vs Texas: Tax & Cost Comparison

2026

Side-by-side Oklahoma vs Texas comparison: state income tax, sales tax, property tax, cost of living, and minimum wage for 2026. OK's 4.75% top + low property tax against TX's no-income-tax + 1.68% property tax — Dallas-Fort Worth and OKC labor markets compete.

Written and reviewed by Konstantin Iakovlev · Methodology · Updated

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

Tax / Cost Factor Oklahoma Texas
State income tax (top rate) 4.50% (progressive) None
State sales tax 4.50% 6.25%
Avg. effective property tax 0.85% 1.68%
Minimum wage (2026) $7.25/hr $7.25/hr
State Disability Insurance (SDI) No No
Paid Family Leave No No
Median home price (Q4 2025) $215,000 $360,000
Foreclosure type judicial non-judicial
BEA Regional Price Parity (2024) 87.4 92.6
Median household income (2024) $60,055 $73,370
Median 2-bedroom rent (Q4 2025) $1,140/mo $1,660/mo

Worked example: $75,000 single filer, 2026

For a single filer earning $75,000 in 2026, the rough state-tax burden comparison:

  • Oklahoma: estimated state income tax ≈ $2,363, plus federal income tax (≈ $7,300 at 22% marginal), FICA $5,738, sales tax 4.50% on consumption.
  • Texas: estimated state income tax $0 (no state income tax), plus federal $7,300, FICA $5,738, sales tax 6.25% on consumption.

Property tax depends entirely on home value. On a $400,000 home: Oklahoma ≈ $$3,400/year; Texas ≈ $$6,720/year.

Why this comparison? OK's 4.75% top + low property tax against TX's no-income-tax + 1.68% property tax — Dallas-Fort Worth and OKC labor markets compete.

Frequently asked questions

Which is cheaper to live in: Oklahoma or Texas?

By BEA Regional Price Parity (2024), Oklahoma has a cost-of-living index of 87.4 and Texas is 92.6 (US average = 100). Median household income: Oklahoma $60,055, Texas $73,370. Median 2-bedroom rent: Oklahoma $1,140/mo, Texas $1,660/mo. Oklahoma is the lower-cost state by this measure.

Does Oklahoma or Texas have lower income tax in 2026?

Texas has no state income tax; Oklahoma has a top rate of 4.50%. Texas is the clearly lower-income-tax state.

What about property taxes in Oklahoma vs Texas?

Oklahoma's average effective property tax rate is 0.85% (e.g., $3,400/year on a $400,000 home). Texas's rate is 1.68% ($6,720/year on $400K). Oklahoma has the lower property tax burden.

Where is the minimum wage higher: Oklahoma or Texas?

Oklahoma's 2026 minimum wage is $7.25/hour; Texas's is $7.25/hour. Both have the same minimum wage.