Did tariffs cost Oklahoma families more than $1,000 in 2025?

While prices for Oklahoma households have increased in the months since Trump enacted his Liberation Day tariffs, the rise has been less than $1,000 as of November 2025.

The tariffs cost the average Oklahoma household $269 between February and September 2025–less than 40% of the respective nationwide average during that period, according to a report published in November by Congressional Democrats on the Joint Economic Committee. 

In February, JEC published an updated report examining price increases between February 2025 and January 2026. Though lacking state-specific data, it suggests the tariffs cost average households $1,745 through January.

According to the Yale Budget Lab, if expiring as scheduled, Trump’s Section 122 tariffs will cost the average household between $600 and $800 annually, increasing to $1,000 and $1,300 if made permanent. 

A tariff is a tax typically placed on foreign goods, which a domestic buyer must pay to import.