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Cherokee, OK vs Okay, OK

63
Cherokee
Oklahoma
VS
-6.5%
67
Okay
Oklahoma

Cherokee is moderately more affordable than Okay, with a 6.5% lower cost of living index. Cherokee scores 63 compared to 67 for Okay, where the US average is 100. This difference means residents of Okay can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cherokee is $788/month compared to $988/month in Okay — a 20% difference. Interestingly, home values tell a different story: while Cherokee has cheaper rent, Okay actually has lower median home values ($67,500 vs $90,200).

Median household income in Cherokee is $55,417 compared to $39,904 in Okay (+38.9%). Cherokee offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cherokee spend roughly 17.1% of their income on rent, less than the 29.7% in Okay.

Income & Cost

Cost of Living Index
Cherokee
63
6% cheaper
Okay
67
Median Household Income
Cherokee
$55,417
28% higher
Okay
$39,904

Housing

Median Rent
Cherokee
$788
20% cheaper
Okay
$988
Median Home Value
Cherokee
$90,200
Okay
$67,500
25% cheaper
Population
Cherokee
1,319
Okay
444

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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