Commerce, OK vs Elmore City, OK

There is a significant gap in the cost of living between these two cities. Commerce is 16.6% cheaper than Elmore City. With a cost index of 58 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Commerce to Elmore City should plan for substantially higher expenses across most categories.

On the housing front, median rent in Commerce is $681/month compared to $950/month in Elmore City — a 28% difference. Home values follow the same pattern: Commerce is more affordable at $71,500 median vs $112,000.

Median household income in Commerce is $35,298 compared to $37,375 in Elmore City (-5.6%). Elmore City does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Commerce spend roughly 23.2% of their income on rent, less than the 30.5% in Elmore City. The Commerce ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.