Elk City, OK vs Hugo, OK
There is a significant gap in the cost of living between these two cities. Hugo is 20.9% cheaper than Elk City. With a cost index of 58 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hugo to Elk City should plan for substantially higher expenses across most categories.
On the housing front, median rent in Elk City is $850/month compared to $634/month in Hugo — a 34% difference. Home values follow the same pattern: Hugo is more affordable at $96,100 median vs $165,300.
Median household income in Elk City is $49,500 compared to $31,694 in Hugo (+56.2%). While Elk City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elk City spend roughly 20.6% of their income on rent, less than the 24% in Hugo.
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