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El Reno, OK vs Owasso, OK

72
El Reno
Oklahoma
VS
-17.4%
88
Owasso
Oklahoma

There is a significant gap in the cost of living between these two cities. El Reno is 17.4% cheaper than Owasso. With a cost index of 72 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from El Reno to Owasso should plan for substantially higher expenses across most categories.

On the housing front, median rent in El Reno is $904/month compared to $1,222/month in Owasso — a 26% difference. Home values follow the same pattern: El Reno is more affordable at $157,000 median vs $231,400.

Median household income in El Reno is $54,459 compared to $79,386 in Owasso (-31.4%). While Owasso is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of El Reno spend roughly 19.9% of their income on rent, more than the 18.5% in Owasso.

Income & Cost

Cost of Living Index
El Reno
72
17% cheaper
Owasso
88
Median Household Income
El Reno
$54,459
Owasso
$79,386
31% higher

Housing

Median Rent
El Reno
$904
26% cheaper
Owasso
$1,222
Median Home Value
El Reno
$157,000
32% cheaper
Owasso
$231,400
Population
El Reno
17,919
Owasso
39,013

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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