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Blanchard, OK vs Spencer, OK

83
Blanchard
Oklahoma
VS
+17.6%
70
Spencer
Oklahoma

There is a significant gap in the cost of living between these two cities. Spencer is 17.6% cheaper than Blanchard. With a cost index of 70 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Spencer to Blanchard should plan for substantially higher expenses across most categories.

On the housing front, median rent in Blanchard is $970/month compared to $940/month in Spencer — a 3% difference. Home values follow the same pattern: Spencer is more affordable at $119,000 median vs $259,100.

Median household income in Blanchard is $89,472 compared to $57,550 in Spencer (+55.5%). While Blanchard is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Blanchard spend roughly 13% of their income on rent, less than the 19.6% in Spencer.

Income & Cost

Cost of Living Index
Blanchard
83
Spencer
70
15% cheaper
Median Household Income
Blanchard
$89,472
36% higher
Spencer
$57,550

Housing

Median Rent
Blanchard
$970
Spencer
$940
3% cheaper
Median Home Value
Blanchard
$259,100
Spencer
$119,000
54% cheaper
Population
Blanchard
9,276
Spencer
3,942

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Blanchard $2.86
Spencer $2.86
US $3.07
🥚
Eggs (grade A, large)
Blanchard $2.33
Spencer $2.33
US $2.50
🥛
Milk (whole)
Blanchard $3.76
Spencer $3.76
US $4.03
🍞
Bread (white)
Blanchard $1.73
Spencer $1.73
US $1.85
🍗
Chicken breast
Blanchard $3.87
Spencer $3.87
US $4.14
Electricity
Blanchard $0.15
Spencer $0.15
US $0.19