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Drummond, OK vs Goodwell, OK

86
Drummond
Oklahoma
VS
+29.5%
66
Goodwell
Oklahoma

There is a significant gap in the cost of living between these two cities. Goodwell is 29.5% cheaper than Drummond. With a cost index of 66 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Goodwell to Drummond should plan for substantially higher expenses across most categories.

Renters will find that Drummond has a median rent of $1,011/month while Goodwell comes in at $826/month, a 22% difference.

Median household income in Drummond is $123,269 compared to $85,982 in Goodwell (+43.4%). While Drummond is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Drummond spend roughly 9.8% of their income on rent, less than the 11.5% in Goodwell.

Income & Cost

Cost of Living Index
Drummond
86
Goodwell
66
23% cheaper
Median Household Income
Drummond
$123,269
30% higher
Goodwell
$85,982

Housing

Median Rent
Drummond
$1,011
Goodwell
$826
18% cheaper
Median Home Value
Drummond
Goodwell
$122,000
Population
Drummond
425
Goodwell
1,271

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Drummond $2.86
Goodwell
US $3.07
🥚
Eggs (grade A, large)
Drummond $2.33
Goodwell
US $2.50
🥛
Milk (whole)
Drummond $3.76
Goodwell
US $4.03
🍞
Bread (white)
Drummond $1.73
Goodwell
US $1.85
🍗
Chicken breast
Drummond $3.87
Goodwell
US $4.14
Electricity
Drummond $0.15
Goodwell
US $0.19