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Broken Bow, OK vs Luther, OK

65
Broken Bow
Oklahoma
VS
-27.2%
89
Luther
Oklahoma

There is a significant gap in the cost of living between these two cities. Broken Bow is 27.2% cheaper than Luther. With a cost index of 65 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Broken Bow to Luther should plan for substantially higher expenses across most categories.

On the housing front, median rent in Broken Bow is $667/month compared to $1,313/month in Luther — a 49% difference. Home values follow the same pattern: Broken Bow is more affordable at $159,000 median vs $205,600.

Median household income in Broken Bow is $50,744 compared to $57,500 in Luther (-11.7%). Luther does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Broken Bow spend roughly 15.8% of their income on rent, less than the 27.4% in Luther.

Income & Cost

Cost of Living Index
Broken Bow
65
27% cheaper
Luther
89
Median Household Income
Broken Bow
$50,744
Luther
$57,500
12% higher

Housing

Median Rent
Broken Bow
$667
49% cheaper
Luther
$1,313
Median Home Value
Broken Bow
$159,000
23% cheaper
Luther
$205,600
Population
Broken Bow
4,215
Luther
1,443

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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