Colony, OK vs Fort Cobb, OK
There is a significant gap in the cost of living between these two cities. Fort Cobb is 21.5% cheaper than Colony. With a cost index of 56 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fort Cobb to Colony should plan for substantially higher expenses across most categories.
On the housing front, median rent in Colony is $727/month compared to $588/month in Fort Cobb — a 24% difference. Home values follow the same pattern: Fort Cobb is more affordable at $81,000 median vs $176,100.
Median household income in Colony is $39,516 compared to $42,188 in Fort Cobb (-6.3%). Fort Cobb offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Colony spend roughly 22.1% of their income on rent, more than the 16.7% in Fort Cobb.
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