Disability Insurance

Everyone deserves the opportunity to protect their quality of life and their future, and with disability insurance, you can. You can think of disability insurance as your financial safety net, giving you an earnings replacement if you’re not able to earn a paycheck due to illness or injury. We’ve laid out the cost-of-living analysis in Oklahoma to show you the average expenses in the state and why disability insurance can give you peace of mind during unpredictable times.

How much does it cost to live in Oklahoma?

Home to 3.949 million citizens, Oklahoma has the 8th lowest overall cost of living when compared to all other states. According to the Bureau of Economic Analysis data, goods, and services in the state cost 11.6% less than they do on a national level.

Cost of Living Parameters

Housing & Rent

On average, Oklahoma renters pay $793 per month, $230 less than the national average of $1,023. If you want to buy a house in the state, the typical home value is worth $130,900, which is less than the national median home value of $408,800.

Here are some stats on Oklahoma mortgages:

  • Homeownership rate: 65.6%
  • Homeowner vacancy rate: 1.2%
  • Rental vacancy rate: 7.8%


In Oklahoma, the average annual cost of infant care is $8,576—that’s $715 per month.

Childcare for a 4-year-old costs $6,605, or $550 each month.

Here’s a look at the annual childcare costs from infant to college:

Infant: $8,576

4-year-old: $6,605

School: 6,6941

College: $7,623


Apartment utilities refer to the essential services required in a home such as gas, water, electricity, cable, and internet. An Oklahoma resident can expect to spend up to $378 per month on apartment utilities on average.

Food & Groceries

A single adult in Oklahoma spends an average of $3,094 on food each year, while a family of four's annual food cost reaches $8,935 These figures are based on a nutritionally appropriate diet purchased from a grocery shop and prepared at home.

The average price for eating out would be:

  • A basic meal with a drink at an inexpensive restaurant $12
  • Fast food combo (Big Mac etc.) $8
  • Bottle of Coca-Cola $2.15
  • Bottle of water $1.49

Groceries in the state would cost as follows:

  • Milk (regular), (1 liter) $0.92
  • Loaf of fresh white bread (500g) $2.42
  • Rice (1 Kg) $3.64
  • Eggs (regular) (12) $1
  • Chicken fillet (1kg) $11.21
  • 4 rolls of toilet paper $3.25
  • Hair shampoo $4.50


92.4 % of Oklahoma commuters drive to work, compared to 85.5 % nationally. The average motorist in the state drives 12,562 miles per year. Taking the average fuel economy and average gas prices into account, the average motorist in the state can expect to spend $997 on gas alone in a year.

Other transportation costs, such as car insurance, also vary by state. According to Insure.com, the average vehicle insurance rate in Oklahoma is $1,123, which is less than the national average of $1,517. According to EPI data, the average single adult in the state spends $10,465 on transportation each year.

Average Income & Taxes

The average yearly income of a single adult living in Oklahoma is $62,638 and the state has a graduated income tax with rates ranging from 0.25% to 4.75%.

Most Expensive Oklahoma Cities to Live in:

  • Edmond
  • Jenks
  • Bixby
  • Oklahoma City
  • Owasso

Why is disability insurance important to have in Oklahoma?

As shown by the above cost of living breakdown, a steady income is required to live comfortably and worry-free. But sometimes you find yourself unable to work due to some sort of emergency, illness or accident. Whether you are a full-time employee or a freelancer, getting disability insurance is the first step towards financial stability and peace of mind.

What would happen if you found yourself unable to earn a paycheck because you were too ill or injured to work? According to a recent survey conducted by the personal financial website Bankrate, more than half of Americans (51%) have less than three months' worth of emergency funds. 

Medical bills are reported to be the number one cause of U.S. bankruptcies. One study has claimed that medical issues caused 62.1% of bankruptcies. Other studies show that over 2 million people are adversely affected by their medical expenses.

If medical bills start piling up, you might not be able to support your lifestyle in other areas, especially if your income is on hold. You might find yourself unable to pay for utilities and rent, which could lead to foreclosure. Half of the foreclosures on conventional mortgages in Oklahoma are caused by the disability of one of the homeowners. In fact, the foreclosure rate in the state reaches 1 in every 4,006 homes.

A lot of people still think that the need for disability insurance is not top priority, thinking that disability rarely happens, and when it does, it’s only caused by serious accidents. But did you know that up to 90% of disability cases recorded are due to illness, not injury?

Getting a private disability income insurance should be on top of your to-do list because life is unpredictable and your income shouldn’t be.

Does Oklahoma have state disability insurance?

Only 5 states in the U.S. require companies to provide their employees with disability insurance coverage that includes benefits for accidents or illnesses sustained outside of the workplace. Unfortunately, Ohio is not among these states.

Oklahoma's Disability Determination Division (DDD) is the state agency in charge of determining whether you fit the SSA's disability requirements. The DDD will collect your medical information and may schedule appointments for you to be assessed by Social Security doctors. The DDD is administered by the Oklahoma Department of Rehabilitation Services.

In rare cases, the state of Oklahoma adds a minor supplement to the federal SSI payout. In 2019, the federal government will pay up to $771 in SSI benefits, plus a $42 state bonus if you live alone or with someone else (but not in a nursing home). You can apply for the benefit through the Oklahoma Department of Social Services (DHS).

What qualifies as disability in Oklahoma?

If you have disability insurance provided by your employer, make sure to double check the criteria in the agreement that qualifies you to receive disability benefits when you’re unable to work. Some of these criteria can include the following: 

  • You are unable to perform the Substantial and Material Duties of your Regular Occupation as shown on the Schedule and; 
  • You are under the Regular Care of a Physician appropriate for your disabling Sickness or Injury and; 
  • There is no reasonable simplified worksite modification(s) that would allow you to perform one or more of the Substantial and Material Duties of your regular job.

How can I easily get disability insurance in Oklahoma

Seeking a private disability insurance policy is the easiest option in Oklahoma. Here at Asteya, we offer disability insurance (or disability income insurance as we like to call it) that’s simple, fast, and affordable. Our 100% digital process means we don’t tire you out with proof of income, medical exams, phone interviews, or wait times. Click here to get a quote, or contact us for any inquiries.

Who qualifies for disability insurance in Oklahoma?

Most insurance policies are bought to protect homes, vehicles, and health, but our most valuable asset tends to get neglected: our income. 70% of working Americans live paycheck to paycheck, with little savings to buffer the financial burden of a disability that leaves them unable to work.

At Asteya, we offer a variety of disability income insurance policies. Please visit asteya.world for more details on the eligibility of our product offering.

How much does disability insurance in Oklahoma cost?

Protecting your income shouldn’t be a luxury, so here at Asteya, we’ve created affordable and easy solutions that won’t drain what you’re trying to protect (your income!). Our prices start as low as:  

  • Permanent Disability Income Insurance: starting at $6.05/month
  • Long-Term Disability Income Insurance: starting at is $5/month

The bottom line

On average, living in the state of Oklahoma will cost you $2,877 per month, give or take – that’s a lot of expenses! You've invested a lot of time and hard work in building a life that works for you, and your hard work should not go to waste due to an accident or illness. That’s why you should protect your lifestyle and your income with disability insurance.

If you're still on the fence about whether disability income insurance is for you (hint: it is), here are a few extra points to consider:

  • Asteya’s applications are 100% digital. We don't require blood tests or doctor's appointments, unlike other insurers and we'll just ask you a few minutes of questions to determine your best policy.
  • Get paid out directly on an approved claim, and spend without restrictions once it's in your bank account.
  • We've made our Income Insurance as inclusive and accessible as possible. From corner store employees to corner office executives, our products were created to fit every budget and lifestyle.

How do I get disability insurance?

Get a quote from Asteya in seconds and go from applicant to insured in minutes