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Alderson, OK vs Taft, OK

72
Alderson
Oklahoma
VS
+17.7%
61
Taft
Oklahoma

There is a significant gap in the cost of living between these two cities. Taft is 17.7% cheaper than Alderson. With a cost index of 61 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Taft to Alderson should plan for substantially higher expenses across most categories.

On the housing front, median rent in Alderson is $1,075/month compared to $817/month in Taft — a 32% difference. Home values follow the same pattern: Taft is more affordable at $63,300 median vs $100,000.

Median household income in Alderson is $42,292 compared to $29,107 in Taft (+45.3%). While Alderson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alderson spend roughly 30.5% of their income on rent, less than the 33.7% in Taft. The Alderson ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Alderson
72
Taft
61
15% cheaper
Median Household Income
Alderson
$42,292
31% higher
Taft
$29,107

Housing

Median Rent
Alderson
$1,075
Taft
$817
24% cheaper
Median Home Value
Alderson
$100,000
Taft
$63,300
37% cheaper
Population
Alderson
233
Taft
79

Salary Equivalency Calculator

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