Alva, OK vs Lexington, OK

Alva, OK and Lexington, OK have a very similar cost of living, with only a 2.5% difference in their overall index. Alva scores 67 while Lexington scores 66 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Alva is $826/month compared to $879/month in Lexington — a 6% difference. Interestingly, home values tell a different story: while Alva has cheaper rent, Lexington actually has lower median home values ($84,500 vs $132,500).

Median household income in Alva is $41,728 compared to $46,094 in Lexington (-9.5%). Lexington offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Alva spend roughly 23.8% of their income on rent, more than the 22.9% in Lexington.