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Cedar Crest, OK vs Faxon, OK

63
Cedar Crest
Oklahoma
VS
+9.6%
57
Faxon
Oklahoma

Faxon is moderately more affordable than Cedar Crest, with a 9.6% lower cost of living index. Cedar Crest scores 63 compared to 57 for Faxon, where the US average is 100. This difference means residents of Cedar Crest can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cedar Crest is $596/month compared to $533/month in Faxon — a 12% difference. Home values follow the same pattern: Faxon is more affordable at $128,100 median vs $163,800.

Median household income in Cedar Crest is $58,250 compared to $88,438 in Faxon (-34.1%). Faxon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cedar Crest spend roughly 12.3% of their income on rent, more than the 7.2% in Faxon.

Income & Cost

Cost of Living Index
Cedar Crest
63
Faxon
57
9% cheaper
Median Household Income
Cedar Crest
$58,250
Faxon
$88,438
34% higher

Housing

Median Rent
Cedar Crest
$596
Faxon
$533
11% cheaper
Median Home Value
Cedar Crest
$163,800
Faxon
$128,100
22% cheaper
Population
Cedar Crest
212
Faxon
72

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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