Caddo, OK vs Cedar Lake, OK
Cedar Lake is moderately more affordable than Caddo, with a 10.4% lower cost of living index. Caddo scores 67 compared to 61 for Cedar Lake, where the US average is 100. This difference means residents of Caddo can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Caddo is $865/month compared to $744/month in Cedar Lake — a 16% difference. Home values follow the same pattern: Cedar Lake is more affordable at $77,000 median vs $118,100.
Median household income in Caddo is $49,250 compared to $37,083 in Cedar Lake (+32.8%). While Caddo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Caddo spend roughly 21.1% of their income on rent, less than the 24.1% in Cedar Lake.
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