Cedar Lake, OK vs Sharon, OK

Cedar Lake, OK and Sharon, OK have a very similar cost of living, with only a 3% difference in their overall index. Cedar Lake scores 61 while Sharon scores 63 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 Cedar Lake is $744/month compared to $800/month in Sharon — a 7% difference. Home values follow the same pattern: Cedar Lake is more affordable at $77,000 median vs $87,500.

Median household income in Cedar Lake is $37,083 compared to $71,250 in Sharon (-48%). While Sharon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cedar Lake spend roughly 24.1% of their income on rent, more than the 13.5% in Sharon.