Copan, OK vs Walters, OK

Copan, OK and Walters, OK have a very similar cost of living, with only a 1.1% difference in their overall index. Copan scores 63 while Walters scores 62 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 Copan is $750/month compared to $699/month in Walters — a 7% difference. Interestingly, home values tell a different story: while Walters has cheaper rent, Copan actually has lower median home values ($108,100 vs $127,100).

Median household income in Copan is $29,411 compared to $50,875 in Walters (-42.2%). Walters offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Copan spend roughly 30.6% of their income on rent, more than the 16.5% in Walters. The Walters ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.