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Oklahoma among top ten in cheapest places to live the ‘American Dream’

If you want to live the ‘American Dream,’ GOBankingRates can you tell you where it’s a reality.

A new study highlights the true cost of the ‘American Dream’ in every state.

It looks like you will need at least $107,913 to do so and you might find yourself in the south.

Oklahoma is the 6th cheapest place to go if you want that American Dream.

  • Annual grocery cost: $11,123.08
  • Annual pet care cost: $758.71
  • Annual car cost: $8,376
  • Annual healthcare cost: $5,749
  • Annual utility cost: $5,050
  • Annual education cost: $2,348
  • Annual child care cost: $15,181
  • Annual mortgage cost: $10,752
  • Total annual costs: $59,336.99

True cost of the American dream: $118,674

Researchers defined the American dream as a married couple with two children, a pet, a house and a car.

The study analyzed the annual costs to maintain those things — along with other necessities such as utilities and healthcare — and came up with a final cost needed to achieve the American dream in every state.

GOBankingRates used the live comfortably 50-30-20 rules because living the American dream would include 30% luxury and 20% savings on top.

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