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Dewey, OK vs Goodwell, OK

69
Dewey
Oklahoma
VS
+4.6%
66
Goodwell
Oklahoma

Dewey, OK and Goodwell, OK have a very similar cost of living, with only a 4.6% difference in their overall index. Dewey scores 69 while Goodwell scores 66 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 Dewey is $939/month compared to $826/month in Goodwell — a 14% difference. Interestingly, home values tell a different story: while Goodwell has cheaper rent, Dewey actually has lower median home values ($117,600 vs $122,000).

Median household income in Dewey is $42,940 compared to $85,982 in Goodwell (-50.1%). Goodwell offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Dewey spend roughly 26.2% of their income on rent, more than the 11.5% in Goodwell.

Income & Cost

Cost of Living Index
Dewey
69
Goodwell
66
4% cheaper
Median Household Income
Dewey
$42,940
Goodwell
$85,982
50% higher

Housing

Median Rent
Dewey
$939
Goodwell
$826
12% cheaper
Median Home Value
Dewey
$117,600
4% cheaper
Goodwell
$122,000
Population
Dewey
3,388
Goodwell
1,271

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