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Cheyenne, OK vs Wakita, OK

63
Cheyenne
Oklahoma
VS
+19.6%
52
Wakita
Oklahoma

There is a significant gap in the cost of living between these two cities. Wakita is 19.6% cheaper than Cheyenne. With a cost index of 52 vs 63, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wakita to Cheyenne should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cheyenne is $765/month compared to $611/month in Wakita — a 25% difference. Home values follow the same pattern: Wakita is more affordable at $31,700 median vs $100,300.

Median household income in Cheyenne is $57,344 compared to $35,795 in Wakita (+60.2%). While Cheyenne is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cheyenne spend roughly 16% of their income on rent, less than the 20.5% in Wakita.

Income & Cost

Cost of Living Index
Cheyenne
63
Wakita
52
16% cheaper
Median Household Income
Cheyenne
$57,344
38% higher
Wakita
$35,795

Housing

Median Rent
Cheyenne
$765
Wakita
$611
20% cheaper
Median Home Value
Cheyenne
$100,300
Wakita
$31,700
68% cheaper
Population
Cheyenne
837
Wakita
290

Salary Equivalency Calculator

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