Altus, OK vs Owasso, OK

There is a significant gap in the cost of living between these two cities. Altus is 21.4% cheaper than Owasso. With a cost index of 69 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Altus to Owasso should plan for substantially higher expenses across most categories.

On the housing front, median rent in Altus is $897/month compared to $1,222/month in Owasso — a 27% difference. Home values follow the same pattern: Altus is more affordable at $124,800 median vs $231,400.

Median household income in Altus is $55,550 compared to $79,386 in Owasso (-30%). While Owasso is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Altus spend roughly 19.4% of their income on rent, more than the 18.5% in Owasso.