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Ardmore, OK vs Woodward, OK

73
Ardmore
Oklahoma
VS
+4.5%
70
Woodward
Oklahoma

Ardmore, OK and Woodward, OK have a very similar cost of living, with only a 4.5% difference in their overall index. Ardmore scores 73 while Woodward scores 70 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 Ardmore is $959/month compared to $839/month in Woodward — a 14% difference. Interestingly, home values tell a different story: while Woodward has cheaper rent, Ardmore actually has lower median home values ($158,800 vs $164,200).

Median household income in Ardmore is $52,954 compared to $60,720 in Woodward (-12.8%). Woodward offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ardmore spend roughly 21.7% of their income on rent, more than the 16.6% in Woodward.

Income & Cost

Cost of Living Index
Ardmore
73
Woodward
70
4% cheaper
Median Household Income
Ardmore
$52,954
Woodward
$60,720
13% higher

Housing

Median Rent
Ardmore
$959
Woodward
$839
13% cheaper
Median Home Value
Ardmore
$158,800
3% cheaper
Woodward
$164,200
Population
Ardmore
24,757
Woodward
11,976

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