Broken Arrow, OK vs Owasso, OK
Broken Arrow, OK and Owasso, OK have a very similar cost of living, with only a 0.4% difference in their overall index. Broken Arrow scores 88 while Owasso scores 88 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 Broken Arrow is $1,240/month compared to $1,222/month in Owasso — a 2% difference. Interestingly, home values tell a different story: while Owasso has cheaper rent, Broken Arrow actually has lower median home values ($229,300 vs $231,400).
Median household income in Broken Arrow is $85,220 compared to $79,386 in Owasso (+7.3%). While Broken Arrow is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Broken Arrow spend roughly 17.5% of their income on rent, less than the 18.5% in Owasso.
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