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Elgin, OK vs Skiatook, OK

87
Elgin
Oklahoma
VS
+17.6%
74
Skiatook
Oklahoma

There is a significant gap in the cost of living between these two cities. Skiatook is 17.6% cheaper than Elgin. With a cost index of 74 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Skiatook to Elgin should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elgin is $1,206/month compared to $956/month in Skiatook — a 26% difference. Home values follow the same pattern: Skiatook is more affordable at $168,600 median vs $243,600.

Median household income in Elgin is $81,739 compared to $55,444 in Skiatook (+47.4%). While Elgin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elgin spend roughly 17.7% of their income on rent, less than the 20.7% in Skiatook.

Income & Cost

Cost of Living Index
Elgin
87
Skiatook
74
15% cheaper
Median Household Income
Elgin
$81,739
32% higher
Skiatook
$55,444

Housing

Median Rent
Elgin
$1,206
Skiatook
$956
21% cheaper
Median Home Value
Elgin
$243,600
Skiatook
$168,600
31% cheaper
Population
Elgin
3,560
Skiatook
8,553

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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