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Byng, OK vs Frederick, OK

69
Byng
Oklahoma
VS
+17.9%
58
Frederick
Oklahoma

There is a significant gap in the cost of living between these two cities. Frederick is 17.9% cheaper than Byng. With a cost index of 58 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Frederick to Byng should plan for substantially higher expenses across most categories.

On the housing front, median rent in Byng is $769/month compared to $703/month in Frederick — a 9% difference. Home values follow the same pattern: Frederick is more affordable at $67,100 median vs $169,500.

Median household income in Byng is $63,667 compared to $45,459 in Frederick (+40.1%). While Byng is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Byng spend roughly 14.5% of their income on rent, less than the 18.6% in Frederick.

Income & Cost

Cost of Living Index
Byng
69
Frederick
58
15% cheaper
Median Household Income
Byng
$63,667
29% higher
Frederick
$45,459

Housing

Median Rent
Byng
$769
Frederick
$703
9% cheaper
Median Home Value
Byng
$169,500
Frederick
$67,100
60% cheaper
Population
Byng
1,361
Frederick
3,460

Salary Equivalency Calculator

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