Caddo, OK vs Carmen, OK

There is a significant gap in the cost of living between these two cities. Carmen is 22.8% cheaper than Caddo. With a cost index of 55 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carmen to Caddo should plan for substantially higher expenses across most categories.

On the housing front, median rent in Caddo is $865/month compared to $645/month in Carmen — a 34% difference. Home values follow the same pattern: Carmen is more affordable at $47,500 median vs $118,100.

Median household income in Caddo is $49,250 compared to $49,375 in Carmen (-0.3%). Carmen offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Caddo spend roughly 21.1% of their income on rent, more than the 15.7% in Carmen.