Broken Bow, OK vs Elk City, OK

Broken Bow is moderately more affordable than Elk City, with a 8.6% lower cost of living index. Broken Bow scores 65 compared to 71 for Elk City, where the US average is 100. This difference means residents of Elk City can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Broken Bow is $667/month compared to $850/month in Elk City — a 22% difference. Home values follow the same pattern: Broken Bow is more affordable at $159,000 median vs $165,300.

Median household income in Broken Bow is $50,744 compared to $49,500 in Elk City (+2.5%). Broken Bow offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Broken Bow spend roughly 15.8% of their income on rent, less than the 20.6% in Elk City.