Cottonwood, OK vs Lane, OK

Cottonwood is moderately more affordable than Lane, with a 8.2% lower cost of living index. Cottonwood scores 56 compared to 61 for Lane, where the US average is 100. This difference means residents of Lane can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cottonwood is $580/month compared to $744/month in Lane — a 22% difference. Home values follow the same pattern: Cottonwood is more affordable at $86,800 median vs $86,900.

Median household income in Cottonwood is $32,500 compared to $70,938 in Lane (-54.2%). While Lane is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cottonwood spend roughly 21.4% of their income on rent, more than the 12.6% in Lane.