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Calumet, OK vs Colony, OK

67
Calumet
Oklahoma
VS
-1%
68
Colony
Oklahoma

Calumet, OK and Colony, OK have a very similar cost of living, with only a 1% difference in their overall index. Calumet scores 67 while Colony scores 68 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Calumet is $942/month compared to $727/month in Colony — a 30% difference. Interestingly, home values tell a different story: while Colony has cheaper rent, Calumet actually has lower median home values ($80,000 vs $176,100).

Median household income in Calumet is $58,125 compared to $39,516 in Colony (+47.1%). Calumet offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Calumet spend roughly 19.4% of their income on rent, less than the 22.1% in Colony.

Income & Cost

Cost of Living Index
Calumet
67
1% cheaper
Colony
68
Median Household Income
Calumet
$58,125
32% higher
Colony
$39,516

Housing

Median Rent
Calumet
$942
Colony
$727
23% cheaper
Median Home Value
Calumet
$80,000
55% cheaper
Colony
$176,100
Population
Calumet
451
Colony
156

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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