Caney, OK vs Hammon, OK

Caney, OK and Hammon, OK have a very similar cost of living, with only a 2.1% difference in their overall index. Caney scores 64 while Hammon scores 62 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 Caney is $775/month compared to $794/month in Hammon — a 2% difference. Interestingly, home values tell a different story: while Caney has cheaper rent, Hammon actually has lower median home values ($85,000 vs $107,800).

Median household income in Caney is $40,625 compared to $65,938 in Hammon (-38.4%). Hammon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Caney spend roughly 22.9% of their income on rent, more than the 14.4% in Hammon.