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Carney, OK vs Luther, OK

65
Carney
Oklahoma
VS
-26.2%
89
Luther
Oklahoma

There is a significant gap in the cost of living between these two cities. Carney is 26.2% cheaper than Luther. With a cost index of 65 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carney to Luther should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carney is $847/month compared to $1,313/month in Luther — a 36% difference. Home values follow the same pattern: Carney is more affordable at $94,700 median vs $205,600.

Median household income in Carney is $53,333 compared to $57,500 in Luther (-7.2%). Luther does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Carney spend roughly 19.1% of their income on rent, less than the 27.4% in Luther.

Income & Cost

Cost of Living Index
Carney
65
26% cheaper
Luther
89
Median Household Income
Carney
$53,333
Luther
$57,500
7% higher

Housing

Median Rent
Carney
$847
35% cheaper
Luther
$1,313
Median Home Value
Carney
$94,700
54% cheaper
Luther
$205,600
Population
Carney
512
Luther
1,443

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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