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Drumright, OK vs Tipton, OK

53
Drumright
Oklahoma
VS
-3.5%
55
Tipton
Oklahoma

Drumright, OK and Tipton, OK have a very similar cost of living, with only a 3.5% difference in their overall index. Drumright scores 53 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 Drumright is $486/month compared to $583/month in Tipton — a 17% difference. Interestingly, home values tell a different story: while Drumright has cheaper rent, Tipton actually has lower median home values ($74,700 vs $85,000).

Median household income in Drumright is $43,869 compared to $43,125 in Tipton (+1.7%). Drumright offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Drumright spend roughly 13.3% of their income on rent, less than the 16.2% in Tipton.

Income & Cost

Cost of Living Index
Drumright
53
4% cheaper
Tipton
55
Median Household Income
Drumright
$43,869
2% higher
Tipton
$43,125

Housing

Median Rent
Drumright
$486
17% cheaper
Tipton
$583
Median Home Value
Drumright
$85,000
Tipton
$74,700
12% cheaper
Population
Drumright
2,315
Tipton
773

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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