Commerce, OK vs Tipton, OK
Commerce, OK and Tipton, OK have a very similar cost of living, with only a 4.9% difference in their overall index. Commerce scores 58 while Tipton scores 55 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 Commerce is $681/month compared to $583/month in Tipton — a 17% difference. Interestingly, home values tell a different story: while Tipton has cheaper rent, Commerce actually has lower median home values ($71,500 vs $74,700).
Median household income in Commerce is $35,298 compared to $43,125 in Tipton (-18.1%). Tipton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Commerce spend roughly 23.2% of their income on rent, more than the 16.2% in Tipton.
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