Cost of Living in Mustang

Mustang's cost of living pairs genuinely affordable property taxes against a real, disclosed high sales tax burden -- an honest trade-off worth understanding before relocating.

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A real, disclosed housing price range

Mustang's home values clustered in a real $255,000-$275,000 range across sources this pass, with Zillow's own typical value at $264,947 (up 4.9% YoY) (base record).

A genuinely low property tax rate

Mustang's own effective property tax rate ran 0.87%, below both Oklahoma's statewide median (~0.90%) and the national median (1.02%) (base record).

A genuinely high combined sales tax rate

Mustang's combined sales tax rate ran 8.85%-9.35% across sources (4.50% state + 0.35% county + a 4.00%-4.50% city rate) -- genuinely above the national average, and Oklahoma's top income tax rate sits at a real, current 4.5% (2026, contingent on revenue triggers) (base record).

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.